As investigations unfolded, authorities traced the assault back to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate which has a extensive record of focusing on fiscal institutions.
Chilly storage: A good portion of user cash had been saved in cold wallets, which happen to be offline and deemed much less at risk of hacking attempts.
The sheer scale of your breach eroded believe in in copyright exchanges, leading to a more info decline in trading volumes as well as a shift toward safer or controlled platforms.
2023 Atomic Wallet breach: The group was associated with the theft of over $one hundred million from users on the Atomic Wallet service, using subtle tactics to compromise consumer belongings.}