As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate using a lengthy history of focusing on economic institutions.
Within the several years foremost up to your February 2025 copyright hack, the copyright field experienced a significant escalation in cyber threats. The very first 50 percent of 2024 on your own noticed a doubling in money stolen by way of copyright hacks and exploits as compared to exactly the same period in 2023.
All transactions are recorded on the web inside of a electronic databases named a blockchain that employs effective one particular-way encryption to be certain protection and proof of possession.
After the approved personnel signed the get more info transaction, it was executed onchain, unknowingly handing Charge of the cold wallet over into the attackers.}