The world of cryptocurrencies is not immune to the shadows that come with living in a time when digital currencies are having such a significant impact on the global financial landscape.
Malicious actors are devising complex plans to take advantage of this expanding market while remaining unseen and hidden in the shadows of the internet. Even if the situation involving the most recent Euler Finance exploit and the Ronin Network hack last year was frightening, it is not an isolated incident.
The finding of a potential link between these instances has caused concern among those in the cryptocurrency community regarding the security and traceability of digital assets.
The Ronin Bridge exploiter, who is thought to be connected to the notorious North Korean hacker group Lazarus Group, received 100 Ether, or $170,515, via a wallet address connected to the Euler Finance exploit. These occurrences serve as a sharp reminder of the cyberthreats that exist within the crypto sector and may jeopardise its integrity and safety.
Content was cut in order to protect the source.Please visit the source for the rest of the article.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
Read the original article: