As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate having a lengthy background of targeting economic institutions.
Within the several years primary up into the February 2025 copyright hack, the copyright business knowledgeable a big escalation in cyber threats. The 1st 50 percent of 2024 by itself noticed a doubling in cash stolen by way of copyright hacks and exploits as compared to a similar interval in 2023.
The sheer scale from the breach eroded believe in in copyright exchanges, bringing about a decrease in trading volumes in addition to a shift towards more read more secure or controlled platforms.
2023 Atomic Wallet breach: The group was linked to the theft of about $a hundred million from customers on the Atomic Wallet company, employing advanced tactics to compromise person belongings.}