As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate having a lengthy history of concentrating on economical institutions.
Cold storage: A good portion of person funds have been saved in chilly wallets, that are offline and deemed a lot less susceptible to hacking attempts.
The sheer scale of your breach eroded belief in copyright exchanges, bringing about a decrease in trading volumes along with a change towards more secure or regulated platforms.
As soon as the approved personnel signed the transaction, it was executed onchain, unknowingly handing Charge of the here cold wallet in excess of for the attackers.}