As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Group, a state-backed cybercrime syndicate having a extended heritage of focusing on money establishments.
Chilly storage: A significant portion of user resources have been stored in chilly wallets, that happen to be offline and deemed much less get more info susceptible to hacking makes an attempt.
All transactions are recorded on-line in the electronic databases known as a blockchain that works by using powerful a single-way encryption to guarantee stability and proof of ownership.
Once the licensed staff signed the transaction, it was executed onchain, unknowingly handing Charge of the cold wallet about into the attackers.}