US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million in Seized Crypto Linked to North Korea Erin Plante, a senior director of investigations at blockchain data analytics firm Chainalysis, revealed Thursday at the Axiecon event that authorities....
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North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics firm Chainalysis.
North Korean Hackers Stole $400 Million in Crypto Last Year
Blockchain analytics platform Chainalysis published an analysis on North Korean hackers and their unlaundered cryptocurrency holdings Thursday. The firm described:
North Korean....
The Federal Bureau of Investigation connected North Korean hackers to a theft of bitcoin worth more than $600 million from a service associated with the popular crypto play-to-earn game Axie Infinity on Thursday. Although no one has publicly assigned blame for the intrusion, the US Treasury recognized a digital currency address used by the hackers […]
North Korean hackers are being pointed at as the brains behind last week’s $100 million crypto attack at an American company, multiple news outlets reported Thursday. The Lazarus Group, a notorious hacking group with apparent ties to the North Korean government, has been pinpointed as the main suspect in the recent attack on the Harmony protocol, in […]
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....
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 […]