As investigations unfolded, authorities traced the attack back to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate that has a extended history of focusing on monetary establishments.
Chilly storage: A significant portion of consumer cash were being stored in cold wallets, which happen to be offline and deemed fewer prone to read more hacking makes an attempt.
The sheer scale of your breach eroded belief in copyright exchanges, leading to a drop in buying and selling volumes as well as a shift towards more secure or controlled platforms.
As soon as the approved staff signed the transaction, it had been executed onchain, unknowingly handing control of the chilly wallet in excess of for the attackers.}