The notorious Lazarus Group, linked to North Korea, has been implicated in ten cryptocurrency protocol hacks over the past week, according to CoinDesk. These attacks have heightened concerns about further significant breaches, with Polymarket contracts suggesting a 100% probability of another hack exceeding $100 million by the end of the year.
The recent spate of hacks, including those on Drift Protocol and Kelp DAO, underscores the persistent threat posed by the Lazarus Group, known for its state-sponsored operations. The frequency of these attacks, averaging one every 2.9 days, highlights the group's capability and resources, reminiscent of their $625 million attack on the Ronin bridge in 2022. DeFi protocols with high total value locked (TVL) and bridge infrastructures remain prime targets for future exploits.
Lazarus Group Implicated in 10 Crypto Hacks in One Week
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