HomeBitcoinNorth Korean hackers are suspected of carrying out the $100 million Harmony...

North Korean hackers are suspected of carrying out the $100 million Harmony attack.

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North Korean hackers are being blamed for last week’s $100 million crypto attack on an American corporation, according to numerous news sites on Thursday.

The Lazarus Gang, a prominent hacker group with apparent ties to the North Korean government, has been named as the primary suspect in the recent attack on the Harmony protocol, which resulted in the theft of $100 million.

North Korean hackers have been accused of a number of similar thefts in recent years, according to digital investigating organizations. According to some experts, the Lazarus Group is one of the world’s most persistent cybercriminals.

The US government believes Lazarus was functioning on behalf of North Korea’s clandestine intelligence organization.

Elliptic, a blockchain analytics firm, revealed in a report:

“The theft was achieved by compromising the cryptographic keys of a multi-signature wallet — most likely through a social engineering attack on members of the Harmony team. The Lazarus Group has routinely employed such methods.”

According to the FBI, Lazarus is a “state-sponsored hacker operation” responsible for the $622 million breaches of a cross-chain bridge used by the play-to-earn game Axie Infinity.

Cross-chain bridges allow data, coins, and non-fungible tokens to be transferred from one blockchain network to another. It enables the movement of data and tokens between previously disparate data sets on several blockchains.

According to Elliptic, the breach of Harmony’s Horizon Bridge and subsequent laundering of stolen digital assets have striking similarities to previous Lazarus Group efforts.

 

 

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