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BitcoinBeginnerThe U.S. Department of Justice is taking firm action against a complex money-laundering operation allegedly run by North Korean IT workers. According to a civil forfeiture complaint filed on June 5 in Washington, D.C., nearly $7.74 million worth of cryptocurrency and NFTs are being targeted for…
#court#crypto#north-korea
GeneralBeginnerThe upcoming G7 summit in Alberta, Canada, is expected to address North Korea’s escalating cyberattacks and cryptocurrency thefts, according to a Bloomberg report. These illicit activities have become a significant concern for global security and financial stability. North Korean-affiliated hacker…
#crypto#hackers#north-korea
GeneralBeginnerThe developer of SafeWallet has published a hack report detailing the cybersecurity breach that resulted in Bybit’s $1.4 billion hack in February. A forensic investigation by SafeWallet and cybersecurity firm Mandiant revealed that the attackers exploited a Safe developer’s Amazon Web Services…
#aws#bybit#crime
GeneralBeginnerThe THORChain network is facing significant internal strife after a core developer announced their departure, citing a failure to effectively block transactions linked to North Korean hackers. This development highlights the increasing challenges decentralized finance (DeFi) protocols face in…
#defi#north-korea
EthereumBeginnerElliptic, a blockchain analytics firm, has reported that the funds stolen from the cryptocurrency exchange Bybit are likely being channeled through crypto mixers in an attempt to obscure their origin and make them harder to trace. This development comes after Bybit confirmed a security breach,…
#crypto#hackers#north-korea
GeneralBeginnerDeFi lending platform Radiant Capital has officially accused North Korean hackers of orchestrating the $50 million heist that occurred in October 2023. The platform alleges that the attackers posed as a former contractor to gain access to sensitive information and execute the attack. The attack,…
#defi#hackers#north-korea
EthereumBeginnerSouth Korean authorities have confirmed that the 2019 hack of the cryptocurrency exchange Upbit, which resulted in the theft of approximately $50 million worth of cryptocurrency, was carried out by North Korean hackers. This marks the first time that South Korea has officially attributed a major…
#crypto#north-korea#south-korea
BitcoinBeginnerBitcoin layer-2 developer Alex Lab claims the North Korean hacking group Lazarus Group is likely responsible for a $4 million exploit they suffered in May. In a recent post, Alex Lab revealed “substantial transaction evidence” linking the attack to Lazarus Group. They detailed three wallet…
#crypto#defi#hackers
BitcoinBeginnerNorth Korean hackers, specifically the group known as Kimsuky, have set their sights on cryptocurrency firms. Their weapon of choice? A new malware variant is dubbed Durian. This malware targets sensitive data stored by crypto businesses. Durian is written in Golang, a programming language gaining…
#crypto#hackers#north-korea
GeneralBeginnerThe Lazarus Group is a notorious hacking group believed to be affiliated with the North Korean government. According to blockchain researcher ZachXBT, the group has laundered over $200 million in stolen cryptocurrency since 2020. This staggering sum stems from more than 25 successful cyberattacks…
#defi#hackers#north-korea
GeneralBeginnerNorth Korea’s notorious Lazarus hacker group is reportedly targeting LinkedIn users to steal valuable assets. This news raises concerns about social engineering tactics and the importance of cybersecurity awareness on professional networking platforms. According to cybersecurity researchers,…
#hackers#north-korea
