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November 21, 2024

Lazarus Group Identified in Major 2019 ETH Hack

South Korean police have confirmed that the notorious Lazarus Group was behind the hack of 342,000 Ethereum from Upbit, the country’s largest cryptocurrency exchange. This confirmation marks a significant moment as it is the first official acknowledgment of North Korea’s involvement in a domestic exchange hack. The revelation sheds light on cybersecurity issues in the cryptocurrency space and raises concerns among investors regarding the safety of their assets. The implications of this finding could lead to broader discussions on security protocols within the crypto ecosystem moving forward.

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