As investigations unfolded, authorities traced the attack back to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate using a prolonged background of concentrating on fiscal institutions.
Chilly storage: A good portion of consumer resources ended up saved in cold wallets, that happen to be offline and considered considerably less susceptible to hacking attempts.
The sheer scale in the here breach eroded have faith in in copyright exchanges, resulting in a decrease in investing volumes plus a shift toward more secure or regulated platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $100 million from people of the Atomic Wallet support, utilizing sophisticated strategies to compromise consumer assets.}