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As widely suspected, the notorious Lazarus Group was behind last June's massive exploit.

The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols.

More details about the transfer of funds following Harmony's hack in June have been revealed. 

Emerging reports claim that the renowned North Korean hacking team known as the Lazarus Group may have been responsible for the assault that took place on Harmony Bridge in June of 2022. In addition to this, it is alleged that the gang moved the monies across a number of other online services.

The crypto detectives traced funds stolen by North Korean Lazarus Group through two mixers and various networks to identify 350 addresses where the funds remain today.

Harmony Bridge fell victim to an attack that saw them lose about $100 million. Recent reports show that the notorious North Korean hacker organization Lazarus Group may be involved.

The hackers that targeted Harmony network in a $100 million hack last year have bridged their ill-gotten gains from Bitcoin to Avalanche, Tron and Ethereum, according to on-chain analysis by blockchain sleuth MistTrack.

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion.

Hacks are bad news for any project and particularly for layer 1 blockchains. In the case of Harmony Protocol (CRYPTO: ONE), they seem to be pivoting and coming out on top following an unfortunate public hack.

A whopping 41,000 ETH stolen by the North Korean hackers Lazarus Group are currently being deposited on crypto exchanges.

The notorious cybercrime group used Ethereum-based Railgun to anonymize their movements, but exchanges froze some funds

Pseudonymous blockchain sleuth ZachXBT said a part of the funds tied to last year's $100 million Harmony network attack worth $63.5 million (~41,000 ETH) was moved over the weekend. North Korea's Lazarus Group was likely behind the hack, according to an analysis by blockchain research firm Elliptic.

Earlier today, Binance and Huobi announced that they had thwarted a money laundering scheme involving funds stolen from Harmony Horizon Bridge last year.

Cryptocurrency exchanges Binance and Huobi have recovered some of the funds stolen in last year's hack of Harmony. “We detected Harmony One hacker fund movement,” Binance CEO Changpeng Zhao wrote in a Sunday (Jan. 15) tweet.

Hacking in the crypto industry has been a prominent part of the space. One of the recent significant ones, the Harmony bridge exploit, has been under investigation since it occurred.

During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH.

Binance CEO Changpeng “CZ” Zhao claimed the Lazarus-laundered Ethereum transferred onto Huobi and Binance has now been frozen and seized.

Harmony hack perpetrators Lazarus Group recently moved $63.5 million in ETH, with Binance and Huobi recovering $2.5 million. 

On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates.

Infamous Lazarus Group began moving funds from Harmony hack over the weekend. Binance managed to recover some of the loot.

Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 124 Bitcoin (CRYPTO: BTC) from hackers behind the Harmony bridge exploit, according to Binance's CEO.  In a tweet, Binance CEO Changpeng Zhao announced the hackers had tried to launder the funds through the Huobi exchange.

The Lazarus Group has moved funds associated with last year's $100 million Harmony bridge hack, A few of the linked wallets have been frozen by Binance and Huobi.

It was a very active weekend for Lazarus, an infamous North Korean hacker group, as they made fund transfers from the Harmony Bridge hack. Notably, the group carried out a transfer amounting to $63.5m (~41,000 ETH).

Changpeng Zhao (the CEO of Binance) has recently shared some tweets on his official Twitter channel disclosing a funds exploitation attempt.