Home Tech FBI believes North Korean hacker cell is behind final month’s $600 million crypto heist | Engadget

FBI believes North Korean hacker cell is behind final month’s $600 million crypto heist | Engadget

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FBI believes North Korean hacker cell is behind final month’s $600 million crypto heist | Engadget

Late final month, hackers stole greater than half a billion {dollars} price of Ethereum from the Ronin blockchain behind play-to-earn sport, Axis Infinity. On Thursday, the FBI introduced that it now attributes the heist, dubbed the Ronin Validator Security Breach, to a North Korean outfit calling itself the Lazarus Group

The Ronin Network (the corporate behind the blockchain behind the sport) updated its ongoing page concerning the cyberattack on Thursday, noting that “the Treasury Department has sanctioned the address that received the stolen funds.”   

“We are still in the process of adding additional security measures before redeploying the Ronin Bridge to mitigate future risk,” the corporate continued. “Expect the bridge to be deployed by end of month.” Additionally, the Ronin Network plans to launch “a full post mortem” detailing the brand new safety measures being put in place, by the tip of the month.  

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