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North Korean Hackers Suspected in $100 Million Harmony Heist (1)

June 30, 2022, 1:17 AM

Suspected North Korean hackers known as the Lazarus Group are believed to be behind the recent $100 million heist on California blockchain Harmony, a firm that tracks stolen cryptocurrency said Wednesday.

Harmony confirmed that its Horizon Bridge, a seamless layer which allows cryptocurrency to move across different blockchains, had been hacked last week.

The blockchain forensics company Elliptic Enterprises Ltd., which has been tracking Harmony’s stolen cryptocurrency to identify who is moving it around the web, said it believes the Lazarus Group was responsible because the laundering method bears their hallmarks. In April, the US Department of ...