As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate having a extensive background of concentrating on economic establishments.
Cold storage: A significant portion of user cash were being saved in cold wallets, which can get more info be offline and viewed as less vulnerable to hacking tries.
The sheer scale with the breach eroded trust in copyright exchanges, bringing about a drop in investing volumes in addition to a change towards more secure or regulated platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $100 million from end users from the Atomic Wallet provider, employing innovative techniques to compromise user property.}