As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate using a extended background of targeting financial establishments.
Cold storage: A good portion of consumer resources have been stored in chilly wallets, which might be offline and regarded much less liable to hacking tries.
The sheer scale on the breach eroded belief in copyright exchanges, leading to a drop in trading volumes along with a change towards safer or controlled platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $one hundred million from buyers from the Atomic Wallet provider, utilizing sophisticated tactics to compromise here consumer belongings.}