Friday, 24 March, 2023

N Korean Lazarus hacker group suspected of $625M Axie Infinity crypto theft, US officials

<p>The Treasury Department&rsquo;s Office of Foreign Assets Control (OFAC) announced new sanctions imposed on an ethereum wallet belonging to Lazarus, a North Korean hacker group. The sanctions came after the U.S. officials linked the hacking group to a theft of $625M in cryptocurrencies from the play-to-earn game Axie Infinity. &nbsp;According to the DeFiYild REKT database which tracks DeFi scams and hack, the heist is the largest decentralized finance hack to date.</p>