North Korean hacker group, The Lazarus Group is likely behind last week’s hack of Harmony Bridge, according to a new analysis by blockchain research firm Elliptic. Shocking Details Behind Harmony’s Recent Hack According to a report released today by blockchain analytics firm Elliptic, the recent $100 million hack of Harmony protocol points to the involvement of The Lazarus Group, a notorious North Korea-affiliated cyber criminal organization. There are strong indications that North Korea’s Lazarus Group may be responsible for the $100 million Harmony heist | 41% of the stolen cryptoassets have been moved through the Tornado Cash mixer | Read our analysis:https://t.co/CoS2Ozu0WG — elliptic (@elliptic) June 29, 2022 In April, the FBI concluded that Lazarus, a “state-sponsored hacking organization,” was behind the $622M hack of a cross-chain bridge used by the Play-to-Earn game Axie Infinity. Harmony’s hack similarly occurred on the Horizon bridge, a cross-chain bridge connecting Harmony to Ethereum, Binance Chain, and Bitcoin. Elliptic’s report noted similarities between both cross-chain bridge attacks as one indication of Lazarus’ likely involvement. Additionally, the stolen funds have been laundered in a pattern similar to the Axie Infinity hack. “There are strong indications that North Korea’s Lazarus Group may be responsible for this theft, based on the nature of the hack and the subsequent laundering of the stolen funds,” E...
