Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware. Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange, according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and the loader program that loads it into memory…
Read more
A recent report from blockchain surveillance firm Elliptic has uncovered that $7 billion in “illicit or high-risk funds” has been laundered through decentralized exchanges (DEXs), cross-chain bridges, and non-KYC exchanges. This staggering sum was already reached by July of this year, exceeding Elliptic’s prediction from last year that such activities would amount to $6.5 billion…
Read more
The malware payload “LightlessCan” — used in fake job scams — is far more challenging to detect than its predecessor, warns cybersecurity researchers at ESET. North Korean hacking collective Lazarus Group has been using a new type of “sophisticated” malware as part of its fake employment scams — which researchers warn is far more challenging…
Read more
The North Korean hacking group known as Lazarus Group reportedly has holdings of over $47 million in cryptocurrency, with the majority in Bitcoin (BTC). According to a report from the institutional crypto platform provider 21.co, wallets connected to Lazarus Group contain around 1,600 Bitcoin, 10,810 Ether (ETH), and 64,490 Binance Coin (BNB). In total, the…
Read more
The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, BNB and various stablecoins, including Binance USD. North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows. According to data collated on Dune Analytics from 21.co, the…
Read more
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected. Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to blockchain forensics firm Elliptic. In June and July, nearly all of the crypto stolen…
Read more
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios. Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet. It is possible to substantially…
Read more
Nefarious North Korean hacking group Lazarus has stolen nearly $240 million in cryptocurrencies in the past 104 days alone. In a report published by blockchain surveillance firm Elliptic, Lazarus has been identified as the perpetrator behind a series of major cryptocurrency hacks in recent months, with their activity intensifying. The most recent attack attributed to Lazarus targeted the global cryptocurrency…
Read more
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.” Hacked but Hopeful: Coinex’s Pursuit of a Constructive Resolution Founded…
Read more
On September 14, crypto exchange Remitano faced an alarming situation with a suspicious withdrawal of approximately $2.7 million in cryptocurrencies, triggering concerns of a potential security breach. Around 12:45 UTC, Cyvers, a blockchain analytics platform, alerted the crypto community about these potentially suspicious activities. They noted that a well-known Remitano hot wallet initiated transfers to…
Read more
