CoinsPaid: The hack was orchestrated by the Lazarus Group, customer funds were not affected
ChainCatcher news, CoinsPaid has resumed processing transactions after service disruption due to a cyber attack on July 22. The company suspects that the attack was orchestrated by the North Korean hacker group Lazarus Group. Additionally, it stated that customer funds are safe, but the company's revenue has been affected.
Previous projects that have been attacked by Lazarus include: Sony ($81 million), Axie Infinity ($625 million), Horizon Bridge ($100 million), Atomic Wallet ($100 million), and Alphapo ($60 million).
In the coming weeks, CoinsPaid will organize a roundtable meeting with all Lazarus victims to announce a new initiative aimed at minimizing and preventing future attacks of this nature.
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