North Korea’s Lazarus Group has pulled off one of the biggest cryptocurrency hacks in history
The US Department of the Treasury’s list of the Specially Designated Nationals and Blocked Persons now includes the Ethereum address that was involved in the historic security breach.
The aforementioned address received 173,600 ETH and 25.5 million USDC tokens. At press time, the address holds $445 million worth of Ether. As reported by U.Today, Ronin, an Ethereum sidechain that was developed for popular play-to-earn game Axie Infinity disclosed a massive security breach in late March, which could be one of the costliest hacking incidents to date.
Earlier this April, Sky Mavis, the developer behind Axie Infinity, raised $150 million in order to compensate the victims of the hack.
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