🚨 CoinsPaid Attributes $37.3 Million Hack to North Korean Lazarus Group 🚨
#CoinsPaid , a cryptocurrency payments platform, experienced a hacking incident on July 22, resulting in a $37.3 million theft.
Suspecting the Lazarus Group, a North Korean state-backed hacker organization, CoinsPaid worked to fortify their systems, limiting the hackers' success.
Operations resumed in a restricted environment, and customer funds remained unaffected, but the platform and balance sheet suffered damage.
CoinsPaid reported the incident to Estonian law enforcement and received help from blockchain security firms. The CEO is confident in holding the hackers accountable.
Also, #GitHub believes Lazarus Group targets cryptocurrency and cybersecurity professionals through social engineering schemes.
