Ethereum: This Hacker Group Moves ETH Worth $64 Million
Despite being stuck in a bear market in 2022, innovation did not stop in the crypto space. Developers kept doing their job with due diligence and major upgrades like the Vasil hardfork and the Merge were introduced. At the same time, hackers did not refrain from taking undue advantage of the discrepancies and loopholes. A host of compromises happened in 2022 and billions were drained out of the ecosystem. In fact, the month of October was dubbed to ‘Hacktober‘ by people from space to reflect the same. North Korea’s Lazarus Group has been responsible for some of the most damaging hacks that took place within the crypto ecosystem. Their name has been associated with attacks, including the ones on Ronin Bridge and Harmony Bridge. Harmony Bridge Hack Funds Displaced A recent analysis by on-chain sleuth ZachXBT revealed that the group moved funds worth $63.5 million—comprising of 41,000 ETH tokens—from the Harmony Bridge hack. The transfers were alle...