As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate which has a very long history of focusing on financial institutions.
Cold storage: A significant portion of consumer money have been stored in chilly wallets, which might be offline and thought of less prone to hacking click here attempts.
The sheer scale from the breach eroded trust in copyright exchanges, bringing about a decline in investing volumes plus a shift towards more secure or controlled platforms.
By the point the dust settled, about $one.five billion well worth of Ether (ETH) had been siphoned off in what would come to be considered one of the biggest copyright heists in history.}