Wallets affiliated with the North Korea-based Lazarus Group have sent over $30 million via Hyperliquid, according to chain analysis from Arkham. This information was revealed on August 31 by Arkham researcher Emmett Gallic. He identified the transactions carried out within about three weeks. These funds went through HyperUnit, where the
South Korean law enforcers are investigating out if North Korea’s notorious Lazarus Group was behind the $36 million cyberattack that targeted Upbit, the biggest cryptocurrency exchange in the country. In the incident that caused a freeze in all transactions after hackers got access to a hot wallet with Solana network
BitMEX just caught the Lazarus Group trying to break into their systems. The same hackers behind a bunch of shady phishing scams linked to North Korea. This time, BitMEX’s security team was on it fast and shut things down before it got ugly. But instead of just blocking the attack
Bybit CEO Ben Zhou has revealed on Thursday that 88.87% of the $1.4 billion stolen from the exchange remains traceable, despite efforts by North Korea’s Lazarus Group to obscure the funds using Bitcoin mixers. The stolen assets, including 500K ETH, were mostly converted into 12,836 BTC and spread across 9,117
The Democratic People’s Republic of Korea (DPRK) has become popular for crypto hacks. Chainalysis report also highlighted that most of the hacks have DPRK behind them. The recent Bybit hack is also linked to DPRK’s Lazarus group. It is now making headlines, holding more Bitcoins than El Salvador and Bhutan.
The Lazarus Group of North Korea maintains active operations in crypto domain activities by transferring stolen funds through newly developed developer-targeting malware. Lazarus Group continues its operation by using sophisticated techniques to steal cryptocurrency funds while also focusing on laundering assets to other platforms. Blockchain security firm CertiK detected on
THORChain is facing internal conflicts after a developer resigned over its handling of illicit funds. The controversy erupted when validators failed to block transactions linked to the North Korean Lazarus Group. A core THORChain developer, known as “Pluto,” announced their resignation on February 27. They stated they would no longer
Although the cryptocurrency market is establishing camp at the bearish end of the zone, it remains active. The past day’s highlight was the Solana ETF being listed on DTCC. Another notable factor was Bitcoin’s fall to $84K, which the community members are seeing as an opportunity to ‘buy the dip’.
Non-KYC crypto exchange eXch has denied accusations of laundering funds from the $1.4 billion Bybit hack, despite blockchain analysts linking stolen assets to its platform. While eXch admitted that some funds from the hack were processed, it insisted the case was “isolated.” Bybit suffered one of the largest crypto thefts
Bybit, one of the leading cryptocurrency exchanges, had a calamitous hack last Friday, during which about 401,000 ETH worth $1.4 billion was stolen. This has become the largest recorded heist in history. Ben Zhou, Bybit co-founder and CEO confirmed that the breach happened due to an advanced attack that exploited
