As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a state-backed cybercrime syndicate by using a extensive background of focusing on money establishments.
While in the several years major up for the February 2025 copyright hack, the copyright business experienced an important escalation in cyber threats. The 1st fifty percent of 2024 alone observed a doubling in money stolen via copyright hacks and exploits in comparison to the same interval in 2023.
All transactions are recorded on the internet in a digital databases called a blockchain that works by using powerful one particular-way encryption to make sure safety and evidence of possession.
2023 click here Atomic Wallet breach: The team was associated with the theft of around $a hundred million from buyers of the Atomic Wallet service, utilizing subtle procedures to compromise person property.}