.binance has managed to recover some funds stolen from AxieInfinity by North Korea-backed hackers
that the leading trading platform had recovered $5.8 million worth of crypto stolen from play-to-earn blockchain Axie Infinity by North Korea.reported by U.Today
, the Ronin bridge, an Ethereum sidechain powering Axie Infinity, announced that it had suffered one of the biggest crypto heists on record, with the attackers making away with roughly $625 million. On Apr. 14, the U.S. government revealed that Lazarus Group, the notorious cybercrime gang that has been linked to North Korea’s spy agency, was responsible for the massive Ronin hack.Earlier this week, several U.S. government agencies issued a warning for cryptocurrency and blockchain-related companies related to threats posed by North Korea. Apart from Lazarus, several other hacking groups are believed to be backed by the authoritarian dictatorship.
In 2021, the"hermit kingdom" stole $400 worth of cryptocurrencies after pulling off a series of successful cyberattacks. North Korea-backed hackers usually rely on decentralized finance mixers in order to launder stolen funds.
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