CoinEx Hot Wallets Drained Of $55 Million in Hack Linked To North Korea’s Lazarus Group
North Korea’s Lazarus Group was likely behind a hack of crypto exchange CoinEx that emptied several hot wallets holding more than $55 million in cryptocurrencies. The notorious group, known for targeting crypto businesses, is also believed to have conducted other recent hacks on betting site Stake and payment processor Alphapo. Blockchain sleuths Slowmist and ZachXBT say some of the hacked CoinEx funds were sent to wallets connected to Stake’s $41 million hack earlier this month. Some of the addresses used were also connected to the attack on Alphapo in July that resulted in $60 million of losses. It appears North Korea is also responsible for the $54M @coinexcom hack from yesterday after they accidentally connected their address to the $41M Stake hack on OP & Polygon. 0x75497999432b8701330fb68058bd21918c02ac59 pic.twitter.com/9qZPdc3yhT — ZachXBT (@zachxbt) September 13, 2023 🚨SlowMist Security Alert🚨 1/ @coinexcom Exploiter, @Stake Explo...