As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate having a very long background of concentrating on money institutions.
Chilly storage: A significant portion of consumer funds ended up stored in chilly wallets, which are offline and thought of considerably less susceptible to hacking attempts.
The sheer scale of the breach eroded trust in copyright exchanges, bringing about a decrease in trading volumes as well as a change towards safer or controlled platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $100 million from check here consumers of the Atomic Wallet support, utilizing advanced approaches to compromise person property.}