As investigations unfolded, authorities traced the attack back 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 skilled a significant escalation in cyber threats. The main 50 percent of 2024 on your own observed a doubling in cash stolen by means of copyright hacks and exploits in comparison with the identical period in 2023.
The sheer scale with the breach eroded have confidence in in copyright exchanges, bringing about a decrease in read more investing volumes as well as a change toward more secure or controlled platforms.
2023 Atomic Wallet breach: The group was connected to the theft of in excess of $one hundred million from end users on the Atomic Wallet assistance, using complex approaches to compromise consumer property.}