North Korean Lazarus Group allegedly behind Ronin Bridge hack

2 years ago

Treasury Department updates SDN database to ostensibly necktie infamous hacker radical to past month’s mega-heist.

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North Korean Lazarus Group allegedly down  Ronin Bridge hack

The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) database was updated Thursday to bespeak the anticipation that North Korean cyber-criminal Lazarus Group was down past month's hack of the Ronin Bridge, successful which implicit 173,600 Ether (ETH) and 25.5 cardinal USD Coin (USDC) was taken, Chainalysis announced by Twitter. The accusation was besides confirmed by Ronin. 

The hack, which took spot connected March 23, was worthy implicit $600 cardinal astatine the time. Discovered respective days after the fact, it is 1 of the biggest robberies of its benignant successful history. The coin came from the play-to-earn role-playing crippled Axie Infinity developed by the Vietnamese workplace Sky Mavis. The game’s developers person raised implicit $150 million successful an effort to reimburse users affected.

This is communicative is successful improvement and volition beryllium updated.

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