DeBridge Finance, a cross-chain protocol that was the target of an email-based cyberattack, said that the Lazarus Group of North Korea was most likely responsible.
The assault originated from a fake Alex Smirnov, co-founder of deBridge, email address.
Despite the fact that one employee did download and view the email’s attachment, several employees flagged the suspicious email.
According to Smirnov, a study revealed a similar attack vector to those used by Lazarus, as reported by Coindesk.
Investors in digital assets are currently attempting to determine if the recent turmoil may have peaked.
Stocks have increased recently, and during the past month, bitcoin has increased by 15%.
Despite a little decline in June, the 90-day correlation between bitcoin and the S&P 500 is still hovering at 0.65, one of the highest values recorded by Bloomberg since 2010.
Cryptocurrencies are positioned for outperformance, according to Bloomberg analyst Mike McGlone, “if stocks have bottomed,” and he noted that there are “few more strong” drivers than when the stock market declines rapidly in the first half.
In other developments, Vitalik Buterin, the co-founder of Ethereum, noted that even if some miners transfer to alternative chains to create tokens, the shift to a blockchain is probably not going to cause any problems.
Stocks have increased recently, and during the past month, bitcoin has increased by 15%.
Despite a little decline in June, the 90-day correlation between bitcoin and the S&P 500 is still hovering at 0.65, one of the highest values recorded by Bloomberg since 2010.
Cryptocurrencies are positioned for outperformance, according to Bloomberg analyst Mike McGlone, “if stocks have bottomed,” and he noted that there are “few more strong” drivers than when the stock market declines rapidly in the first half.
In other developments, Vitalik Buterin, the co-founder of Ethereum, noted that even if some miners transfer to alternative chains to create tokens, the shift to blockchain is probably not going to cause any problems.
