Nearly $900 million worth of cryptocurrency had been laundered by North Korea’s Lazarus Group through cross-chain bridges from July 2022 to July 2023, making the state-backed hacking operation a primary driver of the 111% growth in proceeds sent through cross-chain bridges during the same period, The Hacker News reports. Almost $240 million worth of cryptocurrency has been stolen by Lazarus since June, most of which was obtained during its $100 million heist against Atomic Wallet, according to an Elliptic report.

Source: SC Magazine