Bitcoin DeFi protocol Alex Lab said the $4 million exploit it encountered last month was most likely linked to the Lazarus Group, a North Korea-backed cyber-hacking entity.
The team detailed in the post two addresses — an initial exploit link and an address connected to the Lazarus Group — which it said were “crucial” in tracing the flow of stolen assets. “We are actively collaborating with international law enforcement and cybersecurity experts to address the implications of this attack and to recover lost assets,” Alex Lab said.
Since then, the project said it has facilitated contact between Singaporean police and relevant crypto exchanges to ensure the security of stolen assets as the investigation proceeds.
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Alex Lab points to Lazarus Group after last month's $4M exploitBitcoin DeFi protocol Alex Lab says North Korean hacking consortium Lazarus Group was likely responsible for an exploit that saw $4.3 million worth of crypto stolen in May.
Source: Cointelegraph - 🏆 562. / 51 Read more »