News North Korea likely behind $100M crypto heist from blockchain bridge: ResearchersAnalysts say breach similar to past thefts linked to Lazarus Group and that hackers have already laundered assets Hackers with North Korea’s Lazarus Group are likely responsible for the theft of $100 million in cryptocurrency last week from a service for transferring digital assets, according to a report published by crypto analytics firm Elliptic on Wednesday. Elliptic researchers said the nature of the hack against Horizon Bridge and the strategy of laundering the stolen funds were “consistent with activities of the Lazarus Group.” According to blockchain analysis firm Chainalysis, the breach if confirmed would be the eighth successful attack linked to North Korea this year alone, totaling $1 billion in stolen funds and representing © Korea Risk Group. All rights reserved. |