FBI Confirms North Korean Group ‘Lazarus’ Responsible For $100M Harmony Hack
The Federal Bureau of Investigation on Monday confirmed that North Korean cybercrime team “Lazarus Team” is accountable for last year’s huge $100 million breach of Harmony Protocol.
What Took place: According to a push launch by FBI, six months after the initial heist, above $60 million truly worth of stolen Ethereum ETH/USD was laundered on Jan.13, primary law enforcement to recognize North Korea’s Lazarus Team and APT38 as the masterminds guiding the cyber attack.
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The hack focused a cross-chain bridge connecting Harmony, a layer-1 blockchain, to Ethereum, Bitcoin BTC/USD and Binance Chain. This attack bears the hallmarks of previous large-profile attacks linked with Lazarus Team, this sort of as their huge $622 million hack of Ronin Community very last April, an Ethereum sidechain used by the preferred engage in-to-generate crypto video game Axie Infinity.
“The FBI will keep on to expose and overcome the DPRK’s use of illicit activities — including cybercrime and virtual forex theft — to make income for the regime,” the FBI release go through.
Selling price Action: BTC was investing at $23,083, up 1.45% in the past 24 hrs, according to Benzinga Professional details.
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