Crypto Trust Crisis — The “Kim Jong‑Un Test” Is Exposing Secret North Korean ...
Amidst yet another big hack attributed to North Korea-linked operatives, some crypto builders have confessed they are passing tests during interviews to developers to make sure they are not North Korean agents. The Fool-Proof “Kim Jong‑Un Test” For Crypto Developers Once again, the Democratic People’s Republic of Korea (DPRK) is responsible for some action movie-sounding moves. Following the attribution of the April 1st $285 million attack on Drift Protocol to UNC4736, a North Korea–aligned, state‑sponsored hacking group, multiple crypto industry actors have taken to the social network X....
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A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers Threatened to ‘Destroy’ Data and Cryptos Stolen According to Maeil Kyungjae, the U.S. authorities found that North Korean hackers got access to personal data and funds from customers then demanded a ransom payment afterward. The blackmailers targeted the crypto exchange Bithumb by asking....
In the face of rising prices and renewed interest in the cryptocurrency market, North Korean hackers are intensifying their illicit activities, specifically targeting exchanges like Coinbase. CEO Brian Armstrong revealed that the company has had to adapt its policies significantly to counteract these threats from North Korea. Coinbase CEO Warns Of North Korean IT Workers […]
A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network’s validators to block these transactions was swiftly overturned, raising concerns about the platform’s governance and resilience to regulatory challenges. Related Reading: FBI […]
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok, a North Korean military hacker, from his involvement in hacking Sony in 2018, deploying Wannacry ransomware attacks, and other financial cyber thefts. Moreover, the new indictment unsealed mentioned....
North Korea‑connected operatives have spent years quietly embedding themselves inside crypto companies and DeFi projects. A Long-Standing Crypto-Infiltration Saga News and reports from the Democratic People’s Republic of Korea tend to have a particular conspiracy theory-action movie feel to them. However, they also have the tendency to be true and not over exaggerated at all. […]