Tag: north korea

Oct 12 2022

Bitcoin For Bombs: North Korea Uses Stolen Crypto To Fund Its Nuclear Weapons Program

In recent months, North Korea has stolen over $300 million worth of Bitcoin and other cryptocurrencies via hacking and other sorts of mass cyberattacks. The objective is to fund the isolated state's illegal nuclear and ballistic missile activities, according to a recent report by France24, quoting a...

Aug 17 2022

This Crypto Sector Made the Biggest Losses In Crypto Thefts So Far in 2022

Cryptocurrency market hacks have been on a rampant rise so far this year in 2022. As per the latest Chainalysis report, the decentralized finance (DeFi) sector has been the biggest victim of hackers. So far through July 2022, $1.9...

Aug 12 2022

Report Shows Hackers Launder $540M Through Crypto RenBridge Platform

Decentralization is a unique feature for cryptocurrency that removes the interference of third parties in crypto-asset transactions. While it could be an advantage in most cases for investors and other participants, it could limit fraud detection. In the cryptocurrency industry, there have been lots of incidents of hacks, scams, frauds, and other dubious activities. With the increase in the acceptance and adoption of...

Alleged 29-Year-Old Tornado Cash Developer Arrested By Dutch Investigators In Amsterdam

Summary: A suspected developer of crypto mixing service Tornado Cash has been arrested in the Netherlands. The individual was reprimanded by the Dutch Fiscal Information and Investigation Service on Wednesday. Authorities claim the unnamed suspect was involved in money laundering activities through the mixing service. The arrest happened shortly after the U.S. sanctioned Tornado Cash. 44 wallet addresses associated with Ethereum and Circle's...

Aug 05 2022

DeBridge Team Foils Possible Lazarus Group Cyberattack

North Korean hacking syndicate Lazarus Group is thought to be behind a failed cyberattack on deBridge Finance yesterday. Close Call A suspected hacking attempt has been averted. DeBridge Finance co-founder...

Aug 01 2022

North Koreans reportedly targeting crypto jobs for insider access

Aug 01 2022 Published at CryptoSlate under tags  crime crypto north korea scams

Crypto thieves from North Korea are impersonating experts using fake resumes and identities, Bloomberg News reported Aug. 1. According to Bloomberg, interviews with cybersecurity experts showed that these fraudsters actively plagiarize information from legitimate profiles to apply for...

Jul 20 2022

Justice Department Seizes $500,000 From North Korean Hackers

Jul 20 2022 Published at Crypto Briefing under tags  hack news north korea

The U.S Justice Department has seized and returned almost half a million dollars to two hospitals in Kansas and Colorado that were stolen by North Korean Hackers. The medical centers...

Jun 30 2022

North Korean Lazarus Group Believed To Be Behind $100M Harmony Hack

North Korea’s Lazarus Group is believed to be behind the $100 million attack on Harmony Protocol’s Horizon bridge. Blockchain forensics company Elliptic said that there were several signs that suggested Lazarus executed the attack. North Korea is suspected to be behind several attacks on the DeFi market, catching the attention of authorities worldwide. North Korean hackers are the main suspects behind the $100...

North Korea’s Lazarus Group linked to $100M Harmony exploit

Notorious North Korean hacker group Lazarus is likely behind the recent exploit of Harmony horizon bridge, leading to the loss of $100 million,...

Jun 29 2022

North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash

Jun 29 2022 Published at CryptoSlate under tags  bitcoin chainalysis crime crypto north korea

The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported. Bitcoin's (BTC) recent crash to under $20,000 means the sanction-ridden country has...

May 18 2022

US Federal agencies warn businesses against mistakenly hiring North Korean hackers

The Federal Bureau of Investigations (FBI) has alerted the general public and businesses against unwittingly hiring North Korean IT workers. In a joint statement...

May 06 2022

Treasury Sanctions Crypto Mixer Over North Korean Attacks

May 06 2022 Published at Crypto Briefing under tags  news north korea treasury

The Office of Foreign Assets Control said that North Korean hackers had recently used Blender to launder digital assets. U.S. Treasury Sanctions Blender The U.S. Treasury Department has begun clamping...

Apr 29 2022

Just In: South Korean Crypto Exec Detained For Leaking Military Secrets To North

Apr 29 2022 Published at Coinscreed under tags  breaking news north korea south korea

A crypto exchange operator and a South Korean army captain have been apprehended on suspicion of transmitting military secrets to North Korea. According to many sources, the CEO of a cryptocurrency exchange has been arrested in South Korea for allegedly passing military secrets to North Korea. According to AFP, the CEO is one of two […]

Apr 28 2022

Just-In: Crypto Exchange Head Accused Of Leaking Secrets To North Korea

Apr 28 2022 Published at Coingape under tags  news north korea south korea cryptocurrency

The head of a South Korean crypto exchange was reportedly indicted for allegedly leaking military secrets to a presumed North Korean agent. Officials have so far declined to reveal the identity of the accused, only releasing his surname, Lee. The individual allegedly colluded with a military officer and leaked sensitive information to a North Korean...

Apr 26 2022

U.S. Charges 2 Europeans Over North Korean Crypto Conspiracy

Apr 26 2022 Published at Bitcoinist.com under tags  bitcoin blockchain crypto hackers lazarus

Two individuals are charged in a federal indictment declassified Tuesday in the Southern District of New York with colluding to contravene US sanctions against North Korea by illegally providing crypto and blockchain technology services to the communist country in collaboration with US citizen Virgil Griffith. Alejandro Cao de Benos of Spain, who created a pro-Pyongyang affinity group, and Christopher Emms of the United...

Apr 24 2022

Axie Infinity Hackers Transfer 33.5k ETH to a New Ethereum Address as the US Treasury Intensifies Sanctions

Summary: The Ronin Network, Axie Infinity hackers, have transferred 33,568.152 ETH to a new address 61,253.416 ETH now remains in the Ethereum address that stored the initial funds from the hack The US Treasury has intensified sanctions aimed at blocking Ethereum addresses associated with the hack Decentralized mixing platforms such as Tornado Cash have complied with the sanctions The Ronin Network, Axie Infinity...

Apr 22 2022

Apr 19 2022

US Warns against North Korea-Sponsored Threats on Crypto Platforms

Multiple United States agencies have raised a joint alarm against the risks of cyberattacks on cryptocurrency platforms by North Korean state-sponsored hackers.

Apr 15 2022

Tornado Cash Blocks Ethereum Address Linked to Axie Infinity Hack as it Complies to Sanctions

Quick take: The Ethereum mixer of Tornado Cash has blocked several Ethereum addresses highlighted and sanctioned by the US Office of Foreign Assets Control One of the Ethereum addresses belongs to the North Korean hacker group known as Lazarus, responsible for the $625 million Axie Infinity exploit Tornado Cash is using a Chainalysis smart contract to block the Ethereum addresses The popular Ethereum...

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