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 […]
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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 […]
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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 […]
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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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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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