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Blockchain analysts suspect North Korea-linked hackers behind US$70 million crypto theft

From channelnewsasia.com

Blockchain researchers say North Korea-linked hackers are likely behind a US$70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange's crypto assets had been hacked. It said on Friday it estimates its losses at US$70 million, which it said is a "small portion" of its total assets. Blockchain research firm Elliptic said that "a number of factors" indicate that the Lazarus Group - a hacker group associated with North Korea - was responsible for the attack. CoinEx has not said ... (full story)

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  • Category: Fundamental Analysis