The North Korean state-sponsored hacking organization, Lazarus Group, is estimated to have caused a staggering $1.7 billion in crypto-related hacks during the last year alone
a staggering $1.7 billion in losses through a series of sophisticated cyberattacks last year.
The group has been linked to a series of recent high-profile hacks, amounting to more than $95 million in losses in just the past 10 days, according to cybersecurity firm ArkhamIntel. The alarming scale and frequency of these attacks have prompted concern across sectors: from government agencies to financial institutions.the Lazarus Group as the culprit behind a $41 million theft from Stake.com, an online betting and casino platform. Additionally, addresses connected to the group were implicated in the disappearance of $54.3 million from the CoinEx cryptocurrency exchange.
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North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data SuggestsA hot wallet of the crypto exchange used to hold users’ tokens was exploited by attackers on Tuesday.
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