As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate with a long record of focusing on money institutions.
Cold storage: A significant portion of person resources had been stored in chilly wallets, which can be offline and thought of much less at risk of hacking tries.
The sheer scale on the breach eroded have faith in in copyright click here exchanges, resulting in a decline in trading volumes along with a shift towards safer or regulated platforms.
2023 Atomic Wallet breach: The team was associated with the theft of around $100 million from customers on the Atomic Wallet assistance, utilizing subtle methods to compromise consumer assets.}