As investigations unfolded, authorities traced the assault again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate by using a extended heritage of focusing on fiscal establishments.
Cold storage: A significant portion of user money have been saved in chilly wallets, that are offline and regarded fewer susceptible to check here hacking attempts.
The sheer scale in the breach eroded rely on in copyright exchanges, resulting in a decline in trading volumes along with a shift towards safer or regulated platforms.
When the authorized staff signed the transaction, it was executed onchain, unknowingly handing control of the chilly wallet above towards the attackers.}