{"id":155260,"date":"2023-09-13T21:40:49","date_gmt":"2023-09-13T16:10:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=155260"},"modified":"2023-09-13T21:40:49","modified_gmt":"2023-09-13T16:10:49","slug":"north-korea-affiliated-lazarus-group-behind-coinex-hack-report-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/north-korea-affiliated-lazarus-group-behind-coinex-hack-report-crypto-news\/","title":{"rendered":"North Korea-Affiliated Lazarus Group Behind CoinEx Hack: Report &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>North Korea\u2019s notorious state-backed Lazarus Group is speculated to be behind the $55 million hack of crypto exchange CoinEx. According to prominent on-chain sleuth ZachXBT\u2019s latest update, the attackers \u201caccidentally\u201d connected their address to the $41 million hack of the betting platform Stake.com.<\/p>\n<p>Just a day after the exploit, the investigator flagged an Ethereum wallet address that was likely owned by the attackers of both CoinEx and Stake.com, implying that the same group was responsible for executing the exploit.<\/p>\n<ul>\n<li>The wallet in question, which had received funds from the recently hacked betting platform, interacted with the address that received the siphoned funds from CoinEx, ZachXBT <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zachxbt\/status\/1701905899034390574\" data-wpel-link=\"external\">noted<\/a>.<\/li>\n<li>The US Federal Bureau of Investigation (FBI) had previously confirmed that North Korea-affiliated Lazarus Group was responsible for a $41 million theft from Stake.com.<\/li>\n<li>Following several alerts of the breach by on-chain investigators, CoinEx <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/crypto-exchange-coinex-hacked-for-29-million\/\" data-wpel-link=\"internal\">confirmed<\/a> that its Risk Control System detected anomalous withdrawals from several hot wallet addresses used to store the exchange assets.<\/li>\n<li>CoinEx has temporarily paused deposits and withdrawals as it investigates the hack that transpired across three different blockchains \u2013 Ethereum, Tron, and Polygon \u2013 and involved a wide variety of tokens.<\/li>\n<li>Initially, the estimated sum of the hack was $28 million. However, Slow Mist\u2019s security platform <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1vysrDd16d85TlEwk6cJMn_Je0cztS1bE3IRgm8xcOj0\/edit#gid=0\" data-wpel-link=\"external\">spreadsheet<\/a> later revealed that the actual amount stolen had risen to approximately $55 million.<\/li>\n<li>CoinEx has announced that it would provide a \u201ccomprehensive report\u201d and detailed timeline of the hack.<\/li>\n<li>In the same statement, the crypto exchange also promised to compensate losses for all the affected users.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>North Korea\u2019s notorious state-backed Lazarus Group is speculated to be behind the $55 million hack of crypto exchange CoinEx. According to prominent on-chain sleuth ZachXBT\u2019s latest update, the attackers \u201caccidentally\u201d connected their address to the $41 million hack of the betting platform Stake.com. Just a day after the exploit, the investigator flagged an Ethereum wallet [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-155260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=155260"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155260\/revisions"}],"predecessor-version":[{"id":155266,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155260\/revisions\/155266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/27989"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=155260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=155260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=155260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}