Wednesday, November 29, 2023
    HomeBitcoinNorth Korea's Lazarus Group Hacks Bitcoin Worth $40 Million

    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 value 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 contemporary assault. Earlier, CoinGape reported that Mixin Community, which affords assist to 48 public blockchain networks, confronted an assault with $200 million value 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 alternate which noticed a hack of round $2.7 million. The group is popping out to be a serious menace to the integrity of the crypto ecosystem, with it amassing round $240 million within the area of simply 104 days.

    Additionally Learn: Long-term Bitcoin Hodlers Now Own Over Half the Circulating Supply: Report

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    Anvesh studies main crypto updates round U.S. regulation and market shifting traits. Revealed over 1,200 articles up to now on crypto and blockchain. A proud dropout of College of Massachusetts, Lowell. Will be reached at or or

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

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