As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate by using a lengthy record of targeting economical institutions.
Within the a long time foremost up to your February 2025 copyright hack, the copyright marketplace expert an important escalation in cyber threats. The main 50 % of 2024 by itself observed a doubling in cash stolen by way of copyright hacks and exploits as compared to the same interval in 2023.
All transactions are recorded on the internet in a electronic database identified as a blockchain that makes use of potent one-way encryption to be sure safety and proof of possession.
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