The U.S. Treasury Department alleged that North Korean hacking group Lazarus is tied to a more than $600 million theft of cryptocurrency from the Axie Infinity-linked Ronin bridge, an Ethereum address that held 148,000 ETH at publication time.
I'm surprised because I thought about investing money into this game a few months ago. I can't imagine a gaming company in Vietnam is still functioning after a $600 million hack. I've got to hand it to the Vietnamese company. They have balls!
I heard about this but I had no idea which company it was. This is terrible. I hate when crypto hackers do stuff like this. They always target companies in the east too.
It is never good news when you hear about hackers. They always seem to do damage. Especially ones from North Korea and China. Wasn't there a group of Chinese hackers just a year or two ago that was targeting people in the US with ransomware?
Hackers are terrible. There seems to be more and more of a threat of them as we become more reliant on technology.
What can be done about this? Anything at all?
It is such a shame when you read stories like this one. I hope they learned from the experience about security. These days, you need to really beef it up!
@soulie there are so many vulnerabilities on the web, that's why I don't store crypto on any exchanges or website. Only external wallets. Just today, I had someone try to reset a password on one of my old exchange accounts that I don't use anymore. Even if they can log into that account, I have nothing in it.
I have a friend who was a hacker when he was younger and he said the people he knew online, they were pretty shady. He never did anything bad but knew a guy from another forum who managed to get several credit card numbers and sell them.
