As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate by using a lengthy heritage of targeting money establishments.
Cold storage: A significant portion of user funds had been stored in cold wallets, that are offline and deemed considerably less at risk of hacking tries.
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By the time the dust settled, around $1.five billion value of Ether (ETH) had been siphoned off in what would come to be one among the largest copyright heists in record.}