As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate by using a long heritage of focusing on financial institutions.
During the years leading up for the February 2025 copyright hack, the copyright market seasoned an important escalation in cyber threats. The very first 50 % of 2024 alone observed a doubling in resources stolen as a result of copyright hacks and exploits when compared with a similar interval in 2023.
All transactions are recorded on-line in a electronic database called a blockchain that takes advantage of effective a single-way read more encryption to make sure stability and proof of possession.
2023 Atomic Wallet breach: The team was associated with the theft of over $100 million from consumers with the Atomic Wallet service, employing advanced tactics to compromise consumer property.}