As investigations unfolded, authorities traced the assault back again to North Korea?�s notorious Lazarus Team, a point out-backed cybercrime syndicate which has a lengthy background of targeting fiscal institutions.
Chilly storage: A good portion of consumer cash were being saved in chilly wallets, which can be offline and viewed as significantly less vulnerable to hacking makes an attempt.
All transactions are recorded online in a electronic databases referred to as a blockchain that takes advantage of potent one-way encryption to make certain safety and proof of ownership.
By the time get more info the dust settled, above $one.five billion value of Ether (ETH) had been siphoned off in what would grow to be among the largest copyright heists in history.}