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As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate by using a long historical past of concentrating on fiscal establishments.

Cold storage: A good portion of person resources were being saved in cold wallets, that happen to be offline and thought of much less vulnerable to hacking makes an attempt.

All transactions are recorded on line in the digital databases known as a blockchain that uses highly effective one particular-way encryption to make sure stability and proof of possession.

2023 Atomic Wallet breach: The team was linked to the theft of in excess click here of $a hundred million from users in the Atomic Wallet company, employing innovative procedures to compromise person assets.}