As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate having a extensive historical past of targeting money institutions.
In the a long time foremost up on the February 2025 copyright hack, the copyright marketplace professional a significant escalation in cyber threats. The first half of 2024 alone saw a doubling in funds stolen through copyright hacks and exploits in comparison with the identical time period in 2023.
The sheer scale on the breach eroded have faith in in copyright exchanges, resulting in a drop in buying and selling volumes plus a shift towards more secure or regulated platforms.
2023 Atomic Wallet breach: The read more group was linked to the theft of in excess of $a hundred million from buyers from the Atomic Wallet provider, utilizing subtle techniques to compromise user assets.}