As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate with a very long record of targeting money institutions.
Inside the several years primary up into the February 2025 copyright hack, the copyright field experienced a significant escalation in cyber threats. The very first 50 % of 2024 by itself observed a doubling in cash stolen by way of copyright hacks and exploits as compared read more to the same interval in 2023.
The sheer scale in the breach eroded believe in in copyright exchanges, leading to a drop in buying and selling volumes as well as a shift towards safer or regulated platforms.
copyright?�s rapid reaction, monetary steadiness and transparency assisted prevent mass withdrawals and restore rely on, positioning the exchange for extensive-phrase Restoration.}