Tue, November 5

US Authorities File Complaint Eyeing to Recoup Crypto from Lazarus Group

The United States government initiated the seizure of nearly $2.67 million worth of digital assets taken by the North Korean Lazarus Group of hackers on October 4th via the filing of two formal complaints. Legal documents indicate that the United States government is attempting to recoup around $1.7 million in

October 7, 2024 1 min read

FBI Warns of North Korean Scammers Aggressively Targeting Crypto Firms

FBI has warned the digital asset firms to be aware of a North Korean Crypto hacker group. DPRK has employed fake employment offers and investment opportunities to trick crypto users into downloading malware. They have made the latest attempt to steal companies’ cryptocurrencies. On 3rd September, The Federal Bureau of

September 4, 2024 2 mins read

ZachXBT Uncovers Major North Korean Network Targeting Crypto Firms

Crypto platforms’ vulnerability to scams has been the emphasis over the past few months, with the sector reporting several major incidents since H1 2024. The global crypto sector has taken measures to enhance security in the recent past amid rising scams. Notably, in the last 24 hours, on-chain analyst ZachXBT

August 16, 2024 2 mins read

Alex Lab Suspects North Korean Group in $4 Million Bitcoin Exploit

Bitcoin layer-2 developer Alex Lab, which was affected by a $4 million hack in May, has revealed suspicions that the notorious North Korean hacking group Lazarus may be behind the exploit. Today, Alex Lab identified three wallet addresses used by the attackers to siphon funds from their decentralized finance (DeFi)

June 25, 2024 1 min read

The Dark Side of North Korea: Crypto Theft Worth $3 Billion

In a scenario akin to a James Bond movie, North Korean hackers have outsmarted the globe. Within five years, they have stolen $3 billion in cryptocurrencies. Notably, this digital bonanza funds half of North Korea’s missile program, reports the Wall Street Journal. Their tactics, however, are far from common cyber-thievery.

June 13, 2023 2 mins read

Binance Responds to U.S. Treasury for North Korean Crime

Binance, the world’s largest crypto exchange, has responded to the U.S. Treasury seizing $4.4 million and freezing accounts linked to North Korean crime. We are proud to have assisted US law enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime. Kudos to our law enforcement partners

May 25, 2023 1 min read

North Korean Missile Program Was Funded By Stolen Crypto

On Tuesday, a White House representative in Washington said that the cyberattacks and money theft over cryptos have been funding the North Korean Missle program. Undoubtedly, over 50% of the program is been funded so far. Meanwhile, the White House is the place where the US President and their belongings

May 11, 2023 2 mins read

North Korea Steals $1 Billion in Cryptocurrency Assets

According to the report by the United Nations (UN), North Korea has allegedly stolen $1 billion worth of cryptocurrency assets in a year. The report, states that North Korea using cyberattacks to target cryptocurrency exchanges and financial institutions to obtain digital assets. The report states that these attacks are part

April 7, 2023 2 mins read

FBI Reveals the Key Culprits of Harmony Bridge Hack 

The US Federal Bureau of Investigation (FBI) has revealed the chief culprits of Harmony’s Horizon Bridge Hack. It confirmed two notorious cyber actor groups – Lazarus Group and APT-38, as the responsible agents of the $100M theft in the January 23 press release. Reportedly, these two groups are known to

January 24, 2023 2 mins read

North Korea Ranks Top in Crypto Crime as per Recent Report

There have been over 15 verified cases of crypto crime nationwide, with a conservative estimate of $1.59 billion in revenues. No one knows how much North Korea contributes to global crypto crime, but the report claims that DPRK’s cyber operation is extensive and well-organized. North Korea ranks at the top

July 3, 2022 2 mins read