As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a condition-backed cybercrime syndicate by using a prolonged historical past of focusing on economic institutions.
From the years foremost up into the February 2025 copyright hack, the copyright business seasoned a big escalation in cyber threats. The first half of 2024 on your own saw a doubling in money stolen by copyright hacks and exploits compared to exactly the same time period in 2023.
Upcoming, cyber adversaries ended up slowly turning towards exploiting vulnerabilities in third-party software package and providers integrated with exchanges, resulting in oblique safety compromises.
By the time the dust settled, over $one.five billion well worth of Ether (ETH) had been siphoned off in what would come to be one of the most important copyright heists website in heritage.}