Indodax and BingX Hackers Suspected the Same, North Korean Hacker Lazarus Group? 

Bittime - BIn the last few months, there have been hacking incidents involving major exchanges, including BingX (Singapore's crypto exchange) to Indodax (Indonesia's crypto exchange).

According to cybersecurity company SlowMist, Lazarus Group, A hacker group from North Korea is suspected to be the mastermind behind this hack. Read this article to find out more!

Indodax and BingX Hackers Suspected the Same 

According to SlowMist, There is strong evidence that the hacking incidents at Indodax and BingX are closely related. Hackers who attacked these two platforms used the same addresses in money laundering operations. 

The address in question is "0x0c74c11443e60e011f884f547729127380ca1992”, which is known to be used to transfer funds from the hack.  

Source: x.com/MistTrack_io

Baca Juga: WazirX Hack: Chances of Customers Getting Refunds are Very Small

Indodax and BingX Hackers Use Different Networks

Indodax and BingX hackers use different networks when carrying out hacking actions. At Indodax, hackers operate on the network Polygon, while in BingX, hackers use the network Binance Smart Chain (BSC). 

However, the use of the same address in the money laundering process provides evidence that points to the Lazarus Group's involvement in both hacking incidents.

Lazarus Group: Dangerous Hackers from North Korean 

Lazarus Group is not a new name in the world of cybercrime. The group has become widely known for its involvement in various large-scale hacks, including of financial institutions and crypto companies around the world. 

Their main goals are often related to stealing funds to support the North Korean government. Lazarus Group's attacks are highly sophisticated, exploiting various security holes in blockchain networks and crypto platforms. 

Impact of the Indodax and BingX Hacking Incident

Attacks on crypto exchanges such as Indodax and BingX not only have an impact on the crypto exchanges themselves, but also on their users. 

When an exchange is attacked, funds stored on the platform are at risk of being stolen, and the recovery process can take a long time. 

While many crypto exchanges have enhanced their security protocols, it is important for users to always be careful when storing digital assets and use additional security measures such as two-factor authentication.

Read Also: US Government Ask to Digital Assets of North Korean Hacker Lazarus Group Seized

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