As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate that has a extensive history of targeting monetary institutions.
Inside the years primary up to your February 2025 copyright hack, the copyright market skilled an important escalation in cyber threats. The primary half of 2024 by itself saw a doubling in resources stolen by means of copyright hacks and exploits in comparison to a similar more info time period in 2023.
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By the point the dust settled, more than $one.five billion really worth of Ether (ETH) were siphoned off in what would become one among the most important copyright heists in background.}