The recent cryptocurrency theft, valued at approximately $35 million, has led London-based crypto-tracking firm Elliptic to suspect North Korean hackers. The culprits siphoned off customer funds from Atomic Wallet, a crypto storage company based in Estonia. The hack supposedly affected “less than 1%” of monthly users, as per an announcement made by Atomic Wallet on Saturday. While Bitcoin and other cryptocurrencies are considered to be a replacement for traditional banking systems, incidents like these remind us that no system is foolproof. As advancements in technology lead to an increasingly digital world, it is imperative to understand and address the vulnerabilities of electronic assets. This article aims to shed light on the details of North Korean hackers, the Lazarus Group, that Elliptic traced as responsible for the heist. It will also provide insights into ways to keep your digital assets, whether fiat or crypto, safe and secure.
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