Alex Lab said that it has identified substantial transaction evidence linking an attack last month to the Lazarus Group.
Bitcoin DeFi protocol Alex Lab said the $4 million exploit it encountered last month was most likely linked to the Lazarus Group, a North Korea-backed cyber-hacking entity.
The team detailed in the post two addresses — an initial exploit link and an address connected to the Lazarus Group — which it said were “crucial” in tracing the flow of stolen assets. “We are actively collaborating with international law enforcement and cybersecurity experts to address the implications of this attack and to recover lost assets,” Alex Lab said.
Since then, the project said it has facilitated contact between Singaporean police and relevant crypto exchanges to ensure the security of stolen assets as the investigation proceeds.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alex Lab points to Lazarus Group after last month's $4M exploitBitcoin DeFi protocol Alex Lab says North Korean hacking consortium Lazarus Group was likely responsible for an exploit that saw $4.3 million worth of crypto stolen in May.
Read more »
Michael Bloomberg Joining Alex Rodriguez, Marc Lore Group to Purchase Timberwolves, per ReportLore and Rodriguez currently own nearly 40% of the team.
Read more »
Sudan's notorious paramilitary group loots a Darfur hospital, aid group saysDoctors Without Borders says the notorious Rapid Support Forces paramilitary group, fighting Sudan’s military for over a year, fired shots and looted a health facility in the western region of Darfur, forcing its closure
Read more »
Sudan's notorious paramilitary group loots a Darfur hospital, aid group saysDoctors Without Borders says the notorious Rapid Support Forces paramilitary group, fighting Sudan’s military for over a year, fired shots and looted a health facility in the western region of Darfur, forcing its closure.
Read more »
Sudan's notorious paramilitary group loots a Darfur hospital, aid group saysDoctors Without Borders says the notorious Rapid Support Forces paramilitary group, fighting Sudan’s military for over a year, fired shots and looted a health facility in the western region of Darfur, forcing its closure
Read more »
SPLC Targets Gay Group as ‘Hate Group’ for Opposing TransgenderismSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »