Hackers make history, capturing the equivalent of 570 million euros in cryptocurrencies.
Hackers have captured cryptocurrencies worth $620 million, the equivalent of 570 million euros. An investigation by the U.S. Federal Bureau of Investigation has revealed the North Korea-linked group "Lazarus Group" and "APT38" carried out the theft reported on March 29, 2022.
The Lazarus Group gained notoriety back in 2014 when it was accused of hacking the film production company "Sony Pictures Entertainment" in revenge for a movie. Those who have seen it will already be able to guess that it is the film "The Interview". The film mocked and ridiculed North Korean leader Kim Jong-un, which led to the hacking attack.
The activities of the North Korean hacking group date back to the mid-1990s, according to a 2020 U.S. military report. North Korea now employs some 6,000 hackers, according to official figures, who are said to be organized in a unit called "Office 121" and operate in increasing numbers in a wide range of countries, including Belarus, China, India, Malaysia and Russia.
Last year, North Korean hackers allegedly stole $400 million worth of cryptocurrencies through cyberattacks, which has since been surpassed by the aforementioned record theft in March of this year. Among others, players of the online game "Axie Infinity" were affected. The attackers targeted so-called "bridge software", through which cryptos in the said game can be exchanged for other digital currencies. During this action, 173.600 units of the cryptocurrency Ethereum were also stolen, according to the operators.
What do we learn from this now?🤔 I say it again and again, do not focus your attention on one asset class, because you never know exactly how and what the future will bring us! Of course, all these are always only estimates, none of us has a crystal ball, through which he can calculate and foresee all eventualities.
Of course, there are experts and analysts who will tell you something else and "know" exactly what is supposed to happen in 2-3 days, which is not always the case, even if they simply know (allegedly) "always" exactly what will happen😏. For my part, I can only tell you that anyone who diversifies and invests in a broadly mixed portfolio is on the safe side, especially in the area of cryptocurrencies, and can also get over nasty surprises more easily than people who have directed their focus on a single investment that is then hit at some point.
Of course, anyone who invests in cryptos should still take the time to look into this matter. In the past, I have already told you that I have also invested part of my money in cryptos. However, I see this investment as part of a larger speculation, hence also investing part of my money with the conscious risk of what can happen.
In my opinion, cryptos can be traded quite easily, but in order not to simply have them stored externally, but to have these currencies in one's own possession, one also has the option of having them on a ledger, i.e. on a stick and then being able to dispose of them separately from the Internet, because otherwise it is such a problem with digital goods they can always be easily attacked.
As for the dangers for our own investments, I'm not just talking about hackers here, but also about a Klaus Schwab who warns us all the time about viruses on the Internet, while Bill Gates stirs up panic about viruses all over the world. You see, these people want to keep us busy everywhere, even if we were to join the NWO and live in Zuckerberg's "metaverse" at some point, new viruses and other dangers would probably come our way there as well, from which we must of course protect ourselves again and with which the normal citizen can be excellently distracted from what elitist circles are up to in the real world.
So, let's recap: Spread your risk by investing in different assets, so that you never focus on just one thing, even in one asset class, but spread your capital investments widely. If you want to be on the safe side, because you could make a wrong decision too often when speculating with cryptocurrencies, it is advisable to also invest in stocks and especially in precious metals such as gold or platinum, which do not lose their value.
If you have found your individual way to invest your capital broadly and thus prevent a complete loss of value in the most diverse scenarios, you will be prepared when this global monetary system collapses one day worldwide and the value of all remaining resources will increase accordingly.