As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate that has a long historical past of focusing on economic institutions.
Cold storage: A good portion of user resources ended up stored in cold wallets, which are offline and regarded less at risk of hacking tries.
All transactions are recorded on the web inside a electronic databases named a blockchain that works by using impressive just one-way encryption to be certain safety and evidence of ownership.
2023 Atomic Wallet breach: The team was linked to the theft of about $100 million from people on get more info the Atomic Wallet services, using subtle tactics to compromise person assets.}