U.S. officials link North Korean hackers to $615 million cryptocurrency heist
Hackers exploit what's known as a blockchain "Bridge," which allows users to transfer their digital assets from crypto network to another.
The newly announced sanctions prohibit U.S. individuals and entities from making transactions with the identified ethereum account to make sure the hackers can't "Cash out" any funds they may hold with American crypto exchanges, blockchain analytics firm Elliptic said in a blog post.Chainalysis, another crypto research group, said the attribution to Lazarus highlights the importance of "How DPRK-affiliated threat actors exploit crypto, and better security for DeFi protocols."
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