Onchain researchers discover Ethereum worth $ 63 million by attacking Harmony Bridge, hackers try to wash money on large stock exchanges-

On January 15, 2023, Onchain researchers discovered that funds that were stolen to the Harmony bridge during the attack were postponed. The alleged thieves that are supposedly associated with the North Korean Hacking Syndicate Lazarus Group moved 41,000 Ethereum worth $ 63.2 million to current exchange rates.

onchain researchers follow stolen Ethereum from the Harmony Bridge attack and help large stock exchanges in freezing funds

On June 23 of last year, the Harmony development team Cryptocurrency funds were stolen by the Horizon Bridge. According to reports, the attacker had used a wallet with several signatures to get control of the bridge. Onchain researcher zachxbt Horizon bridge 206 days later with 41,000 began to flow ETH (worth 63.2 million US dollar to current exchange courses).

"The North Korean Lazarus Group had a very busy weekend and moved $ 63.5 million (approximately 41,000 eth ) from Harmony-Bridge-Hack by Railgun before the funds were consolidated and stored on three different exchanges, ”tweeted ZachxBT. According to Okex, Huobi and Binance, the funds were reported. ZachxBt added that Huobi and Binance had frozen part of the ether sent in the stock exchanges.

Binance CEO Changpeng Zhao, generally known as "CZ", confirmed that the funds were actually frozen. "We discovered the Harmony One-Hacker Fund Movement", CZ wrote . "You tried to wash through Binance beforehand and we frozen your accounts. This time you used Huobi. We supported the Huobi team in freezing your accounts. Together 124 Bitcoin were restored, ”added the Binance manager.

The blockchain intelligence company Elliptic first linked the funds to the North Korean Lazarus Group. The Lazarus Group is accused of having carried out numerous attacks on cryptocurrency projects in recent years. It is that the North Korean Hacker collective too Beed behind the $ 620 million attack on the Ronin Bridge.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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