North Korea is likely culprit behind $100 million crypto heist, researchers say
— Exploiting cryptocurrency, Stolen crypto sent, Horizon, Elliptic says, Blockchain analytics firm elliptic said, Korea, Hack, Bridge — lazarus, 39 million worth, Carried — 1 min read
Hackers targeted a so-called "cross-chain" bridge developed by U.S. crypto start-up Horizon. North Korean state-sponsored hackers are likely to be behind the attack, researchers say. North Korea has denied involvement in cyberattacks in the past, including a 2014 data breach targeting Sony Pictures. Hackers have started laundering the stolen assets through a "mixing" service that seeks to obscure the trail of funds, the research firm Elliptic says. The company also offered a $1 million bounty for the return of the stolen crypto and information on the hack. The move of funds stops during Asia-Pacific nighttime hours, according to the research company, which says it's working on "additional time is needed" Source