Bitrefill Links March Cyberattack to North Korea’s Lazarus Group After Data Breach
Crypto payments platform Bitrefill says a cyberattack linked to the Lazarus Group exposed about 18,500 purchase records and drained funds from several hot wallets.
Hot Wallet
A hot wallet is a cryptocurrency wallet that is connected to the internet and used for storing, sending, and receiving digital assets. It is commonly provided as a mobile app, desktop application, or web-based service. Hot wallets allow quick and convenient access to funds, making them suitable for frequent transactions. Because they are online, they are more exposed to security risks compared to offline storage methods. Users often keep smaller balances in hot wallets to manage this risk.