by: xpoolPosted on:

North Korea’s Lazarus Group Hits UK Crypto Startup, Stealing $23 Million

A major cyberattack has shaken the UK crypto industry, with the nation’s digital finance landscape facing one of its largest cryptocurrency thefts to date. Lykke, a prominent crypto startup in the UK, was targeted by the Lazarus Group, a notorious hacking organization affiliated with North Korea. The group stole nearly $23 million in Bitcoin and Ethereum using sophisticated techniques before converting the stolen Ethereum into stablecoins like DAI to hinder recovery efforts.

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