This is an issue that the service should think about. Digital security. Currently, many similar services have been hacked. The cryptocurrency network is decentralized, which means that if digital security related to user data or transaction security can still be hacked, then people's trust in the service will decrease drastically. I haven't used the Balancer defi protocol since I've been using uniswap but I think this should be a serious concern for any DeFi protocol developer.
The hack here was not for the smart contract, but rather for the service URL, where the front-end was hacked. when you click on the link, you do not reach the real site, but rather directly to the scammer’s URL, who may ask you for your data, link your wallet, or even seeds.
Decentralized smart contracts cannot be hacked, but the bridges can be manipulated so that all deposits are withdrawn to the scammer’s address, and then some assets are recovered by freezing or tracking them.
@cryptoaddictchie. On Lazarus of North Korea, I am quite certain anything can be blamed on them by the DOJ or another department to force another executive order very much similar to how the DOJ implied that North Korean hackers were using Tornado Cash to launder their tokens.
I would not be shocked if the official news reported the involvement of Lazarus, however, I would also not be shocked if it was not true hehehe.
If Lazarus of North Korea can did this, then they most likely have the capabilities to hack large companies, but I think that mentioning their name in the reports is due to their management of several mixers. These mixers hide the trace of these hackers and some money laundering services.