As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate using a extensive historical past of targeting fiscal establishments.
Cold storage: A significant portion of consumer cash had been stored in cold wallets, that happen to be read more offline and viewed as less susceptible to hacking attempts.
The sheer scale of the breach eroded belief in copyright exchanges, resulting in a decline in investing volumes and also a shift towards more secure or controlled platforms.
2023 Atomic Wallet breach: The team was associated with the theft of more than $one hundred million from end users of your Atomic Wallet services, using innovative procedures to compromise person belongings.}