North Korea’s Lazarus Group Hacks Bitcoin Worth $40 Million

North Korea’s Lazarus Group Hacks Bitcoin Worth $40 Million

A massive Bitcoin hack by a North Korean hacker group came to limelight with new data. This came following the news of Mixin Network, a decentralized exchange (DEX), was reported to have faced a $200 million worth of crypto hack.

Also Read: Ripple Proper Party, Gary Gensler Hearing: Key Crypto Events This Week

Lazarus Group Bitcoin Hack

It has been reported that Dune, a blockchain ecosystem analytics platform, has shown a $40 million holdings in possession with the Lazarus Group. However, it is not clear as to whether the BTC held is accounted for the Group’s previous hacks or a fresh attack. Earlier, CoinGape reported that Mixin Network, which offers support to 48 public blockchain networks, faced an attack with $200 million worth crypto assets compromised.

Hacking Spree

The same group of hackers was involved in the $100 million hack of the Horizon bridge in June 2023. Earlier, CoinGape reported that the Lazarus Group was closely associated with North Korea’s intelligence agency. In an incident as recent as September 15, 2023, the Lazarus Group targeted the Remitano cryptocurrency exchange which saw a hack of around $2.7 million. The group is turning out to be a major threat to the integrity of the crypto ecosystem, with it amassing around $240 million in the space of just 104 days.

Also Read: Long-term Bitcoin Hodlers Now Own Over Half the Circulating Supply: Report

✓ Share:

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1,200 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at or or

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.


Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!