Lazarus crypto hack

The loot also made up 44% of the $3. North Korea's Lazarus Group was likely behind the $55 million hack of crypto exchange CoinEx, according to on-chain data sourced by crypto sleuth ZachXBT. North Korean groups were behind a $100 million crypto hack last June, the FBI has confirmed. . According to a report from the institutional crypto platform provider 21. . . . The Treasury Department first noted that the hack was linked to the Lazarus Group when it updated its sanctions listing. . The FBI said that on January 13, the North Korean hackers used RAILGUN, a crypto "privacy protocol," to launder $60 million in Ethereum stolen from Harmony. The exploit of DeFi protocols was rampant in 2022, with cross-chain bridge hacks causing the most damage. It is important to note that Railgun is a smart contract privacy platform that uses zero-knowledge proofs to obfuscate transactions. . . . . . k. Lazarus Group has allegedly been behind the theft of over $1 billion in crypto and cash over the years, becoming a successful source of revenue for North Korea’s heavily sanctioned economy. The attackers penetrated the network of a cryptocurrency exchange in Asia using Trojanized cryptocurrency trading software. The incident unfolded. The Federal Bureau of Investigation (FBI) attributed Stake's exploit to Lazarus, meaning that the same cyber actors most likely targeted the crypto exchange as well. 4 million—of the ransom paid for the hack. Apr 15, 2022 · But on Thursday the U. The hack is likely one of the biggest ever to hit the crypto world. . . 7 Crypto comrades. . . S. Oct 9, 2022 · The Lazarus Group, a hacking outfit associated with North Korea's government, managed to drain over $600 million in crypto from a blockchain used by NFT game Axie Infinity. . . In January, the Federal Bureau of Investigation said that Lazarus Group, along with fellow North Korean hacking squad APT38, was responsible for the theft of $100 million in crypto assets from. These incidents have led to a total loss of $291. S. Such hackers, transfer the knowledge and methods they use to execute their operations directly to go and start hacking crypto companies like the latest case of Lazarus. Thousands, if not millions, of people could have lost money in the second largest crypto hack in history. The North Korea-affiliated Lazarus Group has stolen nearly $240 million in cryptocurrency since June 2023, marking a significant escalation of its hacks. . met_scrip_pic marine offshore companies in nigeria.