As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a point out-backed cybercrime syndicate having a extensive background of concentrating on monetary establishments.
While in the a long time foremost up towards the February 2025 copyright hack, the copyright sector knowledgeable a substantial escalation in cyber threats. The very first 50 % of 2024 by yourself observed a doubling in funds stolen by copyright hacks and exploits when compared with a similar period in 2023.
All transactions are recorded online inside of a electronic database get more info called a blockchain that uses potent 1-way encryption to make sure security and evidence of ownership.
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