Lazarus Group's Web3 Rampage
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Since the $650 million exploit of the Ronin bridge in 2022, attention has firmly been on North Korea’s Lazarus Group—the culprits behind the operation. Following this heist, the group has been linked to multiple exploits, cumulatively costing the Web3 community at least $291.3 million across five distinct incidents in 2023. CertiK has identified transactions connecting the Atomic Wallet, Alphapo, CoinsPaid, Stake.com, and CoinEx breaches, serving as on-chain evidence of Lazarus Group’s involvement in all exploits.
In recent years, the North Korean-backed Lazarus group has been one of the most prolific Advanced Persistent Threats (APTs) facing the Web3 community. In 2022, the group was responsible for a total of at least $750 million lost, representing approximately 20% of the overall value stolen from the industry that year. The current year paints a similarly grim picture, with the group behind some of 2023’s biggest exploits. As of now September, CertiK has recorded losses …
In recent years, the North Korean-backed Lazarus group has been one of the most prolific Advanced Persistent Threats (APTs) facing the Web3 community. In 2022, the group was responsible for a total of at least $750 million lost, representing approximately 20% of the overall value stolen from the industry that year. The current year paints a similarly grim picture, with the group behind some of 2023’s biggest exploits. As of now September, CertiK has recorded losses …