CoinsPaid

ZachXBT

Polygon

<div class="cryptonews"> 
 <p class="is-style-lead">Recent investigations link North Korea’s Lazarus Group to a series of crypto hacks totaling over $270 million in stolen assets across major platforms in the past 102 days.</p> 
 <p>Investigations suggest the latest high-profile hacks targeting crypto entities have been perpetrated by North Korean hackers, particularly the notorious Lazarus Group, with over $270 million stolen over the past 102 days.</p> 
 <p>Data from a consolidated list of the last four massive crypto-related hacks sheds light on this. The list was compiled by MetaMask’s lead product manager Taylor Mohana (Tayvano), and featured contributions from prominent on-chain sleuth ZachXBT.</p> 
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    <p lang="en" dir="ltr">North Korean state-sponsored hackers aka Lazarus Group have stolen over $270 million dollars worth of <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> in the last 102 days.<br><br>That's an average of $2.64 million dollars stolen every single day.<br><br>They show no sign of slowing down. https://t.co/M90Nyqgjcz pic.twitter.com/T9oM4jSsz4</p>— Tay (@tayvano_) September 13, 2023
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 <p>Notably, the latest among these hacks involved an exploit of crypto exchange CoinEx’s hot wallets. The funds reported stolen amounted to $27.8 million at the time of the initial report. However, the stolen assets rose to $54 million as industry leaders uncovered the incident.</p> 
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 <p>Following the hack, ZachXBT suggested that the hack was carried out by Lazarus Group. The team at SlowMist, a prominent blockchain security company, confirmed this theory.&nbsp;</p> 
 <p>A week before the CoinEx exploit, leading <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> casino platform Stake suffered a hack that saw the attackers drain up to $41 million in several <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets, including BNB and Polygon (MATIC). They moved the assets from Stake’s hot wallets.</p> 
 <p>ZachXBT revealed that the wallets linked to the Stake hack were also leveraged to steal funds during the CoinEX incident. The FBI had confirmed in a Sept. 6 release that the Lazarus Group was responsible for the Stake hack.</p> 
 <p>Furthermore, in July, reports suggested that Estonian-based crypto payments resource CoinsPaid had witnessed an attack, resulting in $37 million in stolen funds. The exploit took six months to execute and was also attributed to the Lazarus Group.</p> 
 <p>Payment platform Alphapo was also a victim of a large-scale hack in July. The exploit led to the loss of $23 million in various <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets, including Bitcoin (BTC), Tron (TRX) and Ethereum (ETH). This hack has been traced to the Lazarus Group. </p> 
 <p>However, the largest hack attributed to the group occurred in June and involved over $115 million in <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> theft from Atomic Wallet. Some funds were funneled through wallets <a rel="dofollow" title="linked" href="https://thebittimes.com/tag/linked.html">linked</a> to the notorious hacking group.</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/north-korea-linked-to-latest-crypto-hacks-surpassing-270m-tbt62714.html">https://thebittimes.com/north-korea-linked-to-latest-crypto-hacks-surpassing-270m-tbt62714.html</a></p>

North Korea linked to latest crypto hacks, surpassing $270m

TheBitTimes

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