North Korea’s Lazarus Group Hacks Bitcoin Worth $40 Million


An enormous Bitcoin hack by a North Korean hacker group got here to limelight with new information. This got here following the information of Mixin Community, a decentralized exchange (DEX), was reported to have confronted a $200 million price of crypto hack.

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Lazarus Group Bitcoin Hack

It has been reported that Dune, a blockchain ecosystem analytics platform, has proven a $40 million holdings in possession with the Lazarus Group. Nevertheless, it isn’t clear as as to whether the BTC held is accounted for the Group’s earlier hacks or a recent assault. Earlier, CoinGape reported that Mixin Community, which affords assist to 48 public blockchain networks, confronted an assault with $200 million price crypto property compromised.

Hacking Spree

The identical group of hackers was concerned within the $100 million hack of the Horizon bridge in June 2023. Earlier, CoinGape reported that the Lazarus Group was intently related to North Korea’s intelligence company. In an incident as current as September 15, 2023, the Lazarus Group targeted the Remitano cryptocurrency trade which noticed a hack of round $2.7 million. The group is popping out to be a serious risk to the integrity of the crypto ecosystem, with it amassing round $240 million within the house of simply 104 days.

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Anvesh stories main crypto updates round U.S. regulation and market shifting tendencies. Printed over 1,200 articles thus far on crypto and blockchain. A proud dropout of College of Massachusetts, Lowell. May be reached at anvesh@coingape.com or twitter.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability to your private monetary loss.





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