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As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate with a prolonged history of focusing on money institutions.

Also, attackers increasingly started to target exchange staff as a result of phishing and also other misleading practices to realize unauthorized usage of essential methods.

All transactions are recorded on the internet in a digital databases named a blockchain that utilizes click here highly effective a single-way encryption to ensure safety and evidence of possession.

2023 Atomic Wallet breach: The group was linked to the theft of more than $100 million from consumers on the Atomic Wallet company, employing sophisticated methods to compromise user assets.}

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