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 […]
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Crypto Exchange eXch Shuts Down Amid Allegations of Bybit Hack Involvement and Lazarus Group Ties Crypto exchange eXch, a bastion for those valuing privacy with its no-KYC (Know Your Customer) policy, has announced it will cease operations on May 1, 2023. This drastic step comes in the wake of allegations linking eXch to the $400 […]
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eXch Shuts Down: Alleged Money Laundering in Bybit Hack Involves North Korea’s Lazarus Group eXch, a privacy-focused cryptocurrency exchange, will cease operations on May 1, 2023, amid allegations of laundering funds from the massive $1.5 billion Bybit hack. Accused of facilitating money laundering, eXch finds itself targeted by a transatlantic law enforcement operation. eXch to […]
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North Korea’s Latest Crypto Hack Exposes Web3’s Security Flaws Imagine you’re a crypto professional, excited about a new job opportunity. You’re contacted by a recruiter on LinkedIn, and after a few exchanges, you’re directed to a website for an interview. But instead of landing a dream job, you’ve just been ensnared by North Korea’s Lazarus […]
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Lazarus Group Nets $2.51M from WBTC Sale Amidst Sophisticated Crypto Laundering Operations The Lazarus Group, a notorious North Korean hacking entity, has once again made headlines by turning a hefty profit of $2.51 million from selling 40.78 Wrapped Bitcoin (WBTC). Wrapped Bitcoin, or WBTC, is a tokenized version of Bitcoin that operates on the Ethereum […]
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North Korean IT Workers Ramp Up Infiltration of Tech and Crypto Firms Across Europe North Korean IT workers are intensifying their efforts to infiltrate tech and cryptocurrency companies across Europe, driven by the need to bypass international sanctions and generate revenue for the regime. These workers use sophisticated methods, including fake identities and multiple personas, […]
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Scam Alert: Another 6,260 ETH Lost in GMX-Linked Smart Contracts Another day, another crypto heist. Hackers have exploited vulnerabilities in smart contracts linked to GMX, a decentralized exchange, making off with 6,260 ETH, worth about $13 million. The “Abracadabra Spell cauldron” protocols, part of the decentralized lending platform Abracadabra, were the target, not GMX’s own […]
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WazirX’s Resilient Relaunch: A Beacon of Hope Amidst Cyberattack Fallout WazirX, once India’s leading digital asset exchange, is staging a comeback after a devastating $230 million cyberattack, attributed to North Korea’s notorious Lazarus Group. The exchange is fortifying its defenses and rebuilding user trust with the help of top custodians BitGo Trust and Zodia Custody, […]
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Lazarus Group Shifts $3.76M in Bitcoin, Signals Laundering Efforts The Lazarus Group, a notorious North Korean hacking outfit, has moved approximately $3.76 million in Bitcoin to five unknown wallet addresses. This action follows their recent hack on the Bybit cryptocurrency exchange, which resulted in a staggering $1.4 billion loss. Lazarus Group transferred 44.07 BTC to […]
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ZachXBT Calls for Sweeping Government Regulations After Bybit Hack: Crypto Security in Crisis The recent Bybit hack, where North Korea’s Lazarus Group reportedly stole 401,000 ETH coins valued at $1.4 billion, has led prominent on-chain analyst ZachXBT to voice a stark warning about the state of crypto security. After tirelessly working to freeze the stolen […]
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