As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate with a very long background of concentrating on monetary institutions.
Inside the a long time foremost up to your February 2025 copyright hack, the copyright field experienced a substantial escalation in cyber threats. The 1st 50 percent of 2024 alone observed a doubling in resources stolen through copyright hacks and exploits when compared with a similar period in 2023.
The sheer scale of the breach eroded rely on in copyright exchanges, bringing about a decline in investing volumes as well as a change toward safer or regulated platforms.
By the time read more the dust settled, over $one.5 billion worth of Ether (ETH) were siphoned off in what would grow to be certainly one of the most important copyright heists in heritage.}