As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate by using a prolonged background of targeting financial establishments.
Inside the yrs major up into the February 2025 copyright hack, the copyright market experienced a major escalation in cyber threats. The main half of 2024 alone saw a doubling in money stolen by way of copyright hacks and exploits compared to the identical time period in 2023.
All transactions are recorded on-line in the digital databases termed a blockchain that takes advantage of strong a single-way encryption to make sure stability and proof of possession.
2023 Atomic Wallet breach: The check here group was associated with the theft of above $a hundred million from end users of the Atomic Wallet assistance, utilizing advanced tactics to compromise person belongings.}