Blog

A large Bitcoin hack by a North Korean hacker group got here to limelight with new information. This got here following the information of Mixin Network, a decentralized exchange (DEX), was reported to have confronted a $200 million price of crypto hack.

Also Read: Ripple Proper Party, Gary Gensler Hearing: Key Crypto Events This Week

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. However, it isn’t clear as as to if the BTC held is accounted for the Group’s earlier hacks or a recent assault. Earlier, CoinGape reported that Mixin Network, which gives help to 48 public blockchain networks, confronted an assault with $200 million price crypto property compromised.

Hacking Spree

The similar 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 carefully related to North Korea’s intelligence company. In an incident as current as September 15, 2023, the Lazarus Group targeted the Remitano cryptocurrency change 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 house of simply 104 days.

Also Read: Long-term Bitcoin Hodlers Now Own Over Half the Circulating Supply: Report

✓ Share:

Anvesh experiences main crypto updates round U.S. regulation and market shifting traits. Published over 1,200 articles thus far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty on your private monetary loss.