As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Group, a state-backed cybercrime syndicate using a very long record of concentrating on economical establishments.
Chilly storage: A good portion of user cash were stored in cold wallets, that are offline and thought website of considerably less liable to hacking attempts.
The sheer scale of your breach eroded belief in copyright exchanges, leading to a drop in investing volumes in addition to a shift towards more secure or controlled platforms.
2023 Atomic Wallet breach: The team was associated with the theft of more than $one hundred million from people of the Atomic Wallet provider, utilizing advanced tactics to compromise consumer belongings.}