In a startling revelation, the North Korean hacker group, Lazarus Group, is reportedly behind the recent CoinEx crypto exchange hack. This revelation comes after cybersecurity firm SlowMist and renowned on-chain analyst ZachXBT connected the dots between the CoinEx exploit and previous hacking incidents attributed to the Lazarus Group.
On September 12, 2023, CoinEx’s Risk Control System raised alarms over irregular withdrawals from several of its hot wallet addresses. The exchange responded swiftly, setting up an investigative team to delve into the breach. Preliminary findings revealed unauthorized transactions involving Ethereum (ETH), Tron (TRON), and Polygon (MATIC). While the exact amount of the loss was initially undetermined, SlowMist confirmed today that the total stolen funds amounted to approximately $55.5 million.
A few hours ago, CoinEx identified a third series of suspicious wallet addresses across various blockchains, including BSC, ARB, OP, and XLM.
CoinEx, in a bid to
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