As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate which has a extended record of focusing on financial establishments.
Within the several years leading up for the February 2025 copyright hack, the copyright marketplace expert a significant escalation in cyber threats. The 1st 50 % of 2024 alone saw a doubling in money stolen by way of copyright hacks and exploits in comparison to the exact same interval in 2023.
The sheer scale with the breach eroded rely on in copyright exchanges, leading to a decrease in trading volumes along with a change toward safer or controlled platforms.
2023 Atomic Wallet breach: The group was associated with the theft of above $a hundred million from end users from the Atomic Wallet company, employing more info innovative techniques to compromise consumer belongings.}