As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate with a very long historical past of targeting economical institutions.
Chilly storage: A good portion of person funds had been stored in cold wallets, that happen to be offline and considered much less vulnerable to hacking tries.
The sheer scale of the breach eroded rely on in copyright exchanges, resulting in a decline in buying and selling volumes plus a change toward more secure or click here controlled platforms.
When the licensed personnel signed the transaction, it was executed onchain, unknowingly handing control of the chilly wallet about for the attackers.}