Latest News and Articles about North Korea
US Seizes $7.74M in Crypto from North Korean IT Scam: Blockchain Security Exposed
US Seizes $7.74M in Crypto from North Korean IT Scam: A Blockchain Security Wake-Up Call The US Department of Justice (DOJ) has fired a shot across the bow with a civil forfeiture action targeting $7.74 million in cryptocurrency tied to a brazen North Korean IT worker scheme. Orchestrated by operatives of the Democratic People’s Republic […]
Read MoreBitMEX Thwarts Lazarus Group Hack, Exposes North Korean Cybercrime Blunders
BitMEX Foils Lazarus Group Hack: North Korean Cybercrime Flaws Exposed BitMEX, a heavyweight in the cryptocurrency exchange arena, has just outmaneuvered the infamous Lazarus Group, a cybercrime syndicate linked to North Korea’s state-sponsored warfare efforts. In a daring display of cyber defense, BitMEX not only thwarted a sophisticated phishing attempt but also turned the tables […]
Read MoreSouth Korea and EU Join Forces to Thwart North Korean Crypto Heists
South Korea and EU Strengthen Alliance to Combat North Korean Crypto Heists South Korea and the European Union have forged a robust partnership aimed at tackling the escalating threat of North Korean cryptocurrency thefts. This collaboration seeks to dismantle the sophisticated networks behind these cybercrimes, which pose significant risks to global cybersecurity and the integrity […]
Read MoreU.S. Treasury Sanctions Huione Group for Laundering $4 Billion Tied to North Korea
U.S. Treasury Targets Huione Group: Sanctions Over North Korea Crypto Laundering Ties The U.S. Department of the Treasury has implemented sanctions to sever the Cambodia-based Huione Group’s access to the U.S. financial system, citing its involvement in laundering billions of dollars linked to North Korean cybercrime and online fraud schemes. U.S. Treasury aims to block […]
Read MoreKraken Foils North Korea Hacker’s Job Scam, Highlights Crypto Cybersecurity Needs
Kraken Thwarts North Korea-Backed Hacker’s Job Application Scheme Kraken, a leading cryptocurrency exchange, successfully thwarted an infiltration attempt by a North Korea-backed hacker who applied for a job posing as an engineer. The hacker’s deception was uncovered during the interview process, highlighting the growing trend of state-sponsored cyber attacks targeting the crypto industry. North Korea-backed […]
Read MoreManta Co-Founder Escapes Lazarus Group’s Sophisticated Zoom Phishing Attack
Manta Co-Founder Thwarts Lazarus Group’s Cunning Zoom Phishing Assault Kenny Li, the co-founder of Manta Network, an Ethereum layer-2 project, barely escaped a sophisticated phishing attempt by the infamous Lazarus Group. This incident showcases the escalating threat posed by North Korean hackers to the crypto industry, using advanced tactics like deepfakes and social engineering. Kenny […]
Read MoreGoogle Exposes North Korean IT Workers Infiltrating European Crypto Projects
Google Uncovers North Korean Infiltration in European Crypto Firms Google’s Threat Intelligence Group (GTIG) has exposed a sophisticated operation by North Korean IT workers infiltrating European crypto and blockchain projects, using false identities to generate revenue for their government. North Korean IT workers target crypto and blockchain projects in Europe. These workers use false identities […]
Read MoreNorth Korea Overtakes El Salvador in Bitcoin Holdings After Bybit Hack
North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack North Korea’s government-backed hackers convert stolen Bybit funds into Bitcoin. Lazarus Group’s activities fund North Korea’s nuclear program, posing a global security threat. DeFi protocols like THORChain play a role in laundering these stolen assets. The Bybit Hack North Korea has leapfrogged El […]
Read MoreNorth Korea’s 13,562 BTC: Outranking El Salvador, Raising Global Concerns
North Korea’s Bitcoin Bonanza: Surpassing El Salvador and Bhutan with 13,562 BTC North Korea has amassed a significant 13,562 BTC, making it the third-largest government holder of Bitcoin, outranking El Salvador and Bhutan. This development not only reflects the regime’s growing interest in cryptocurrencies but also raises serious concerns about the use of Bitcoin for […]
Read MoreNorth Korea’s Lazarus Group Hacks Crypto Startups via Zoom, Funds Nuclear Program
North Korea’s Lazarus Group Targets Crypto Founders on Zoom Imagine joining a Zoom call to discuss your groundbreaking crypto startup, only to discover you’re being watched by North Korea’s Lazarus Group. This isn’t a scene from a spy thriller but a chilling reality for new cryptocurrency founders who have become the latest targets of North […]
Read MoreLazarus Group’s $1.4B Bybit Hack: 62,200 ETH Moved, Full Laundry in 3 Days
Bybit Hack: Lazarus Group Moves 62,200 ETH – Full Amount Could Be Cleared in 3 Days In a race against time, the notorious Lazarus Group, linked to North Korea, is swiftly laundering the $1.4 billion stolen from Bybit in the largest crypto hack to date. The group’s recent move of 62,200 ETH on March 1 […]
Read MoreSamson Mow Urges Ethereum Rollback After $1.4B Bybit Hack by North Korea
Samson Mow Calls for Ethereum Rollback After $1.4 Billion Bybit Hack Samson Mow, a prominent Bitcoin advocate, has sparked a heated debate in the crypto community by urging a hard fork and blockchain rollback for Ethereum following a massive $1.4 billion hack on Bybit. Orchestrated by North Korean hackers, the theft of ETH and staked […]
Read MoreU.S., Japan, South Korea Tackle North Korea’s $659M Crypto Theft; MIND of Pepe Launches
U.S., Japan, and South Korea Unite to Combat North Korea’s Crypto Crimes In a strategic alliance aimed at thwarting North Korea’s cryptocurrency thefts, the United States, Japan, and South Korea have joined forces. These thefts, amounting to $659 million in 2024 alone, are a direct funding source for the DPRK’s weapons programs and cybercrime operations. […]
Read MoreSouth Korean Crypto Operator Jailed for Leaking Military Secrets to North Korea via Bitcoin
South Korean Crypto Operator Jailed for Selling Military Secrets to North Korea via Bitcoin In a shocking case of digital espionage, a South Korean crypto operator has been sentenced to prison for selling military secrets to North Korea using Bitcoin. This incident underscores the potential misuse of cryptocurrencies in international espionage while highlighting the ongoing […]
Read MoreUS, Japan, South Korea Warn Blockchain Industry: North Korea’s Hackers Stole $650M in 2024
US, Japan, and South Korea Warn Blockchain Industry of North Korea’s Cyber Threats The United States, Japan, and South Korea have issued a stern warning to the blockchain industry about the escalating cyber threats from North Korean hackers, notably the Lazarus Group, who have stolen over $650 million in 2024 to fund their weapons programs. […]
Read MoreCrypto Hacks Surge in 2024: $2.2 Billion Stolen, North Korea’s Lazarus Group Dominates
Crypto Lost $2.2 Billion to Hackers in 2024: Analyzing the Top 5 Hacks and Their Impact Bitcoin’s ascent to over $100,000 in 2024 was overshadowed by a surge in hacking incidents, with cybercriminals making off with more than $2.2 billion in 303 attacks. This year saw a concerning rise in cyber theft, particularly from North […]
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