Bearish
North Korea's Lazarus Group Suspected in $36M Upbit Crypto Exchange Hack
28.11.2025 08:48
South Korean authorities are investigating a major security breach at Upbit cryptocurrency exchange, with preliminary findings pointing to involvement by the North Korean-linked Lazarus hacking group. The sophisticated cyber attack resulted in approximately $36 million in digital assets being stolen from exchange wallets. Cybersecurity experts note this incident follows Lazarus Group's established pattern of targeting cryptocurrency platforms to fund North Korean operations. The hack has prompted increased security measures across South Korean crypto exchanges and renewed calls for enhanced blockchain security protocols. Market analysts are monitoring potential impacts on cryptocurrency prices following this high-profile security incident.