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As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate that has a lengthy record of targeting financial establishments.

Also, attackers progressively began to focus on Trade staff as a result of phishing and various misleading practices to achieve unauthorized use of essential techniques.

All transactions are recorded online inside of click here a digital database termed a blockchain that utilizes impressive just one-way encryption to guarantee protection and evidence of ownership.

When the authorized staff signed the transaction, it was executed onchain, unknowingly handing Charge of the cold wallet about on the attackers.}