North Korea – Ƀitsell X

North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023

April 30, 2024

The North Korean Lazarus Group allegedly laundered $200 million worth of crypto into fiat currency between August 2020 and October 2023, according to an April 29 investigative report by crypto sleuth ZachXBT. The investigation examined over 25 exploits across various blockchains and traced illicitly gained funds through mixers, peer-to-peer marketplaces, and centralized exchanges to show…
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Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto Hacking Scheme

April 24, 2024

North Korea’s state-sponsored hacking collective Lazarus group is reportedly targeting LinkedIn users in the digital asset industry as part of its latest crypto hacking malware attempt, blockchain security firm SlowMist alleged on April 24. “The Lazarus Group is currently contacting cryptocurrency industry targets through LinkedIn and stealing employee privileges or assets through malware,” SlowMist posted…
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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

March 23, 2024

A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023 alone, and details several…
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YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis

February 17, 2024

After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, , a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group Recent discoveries by the blockchain analysis firm show that a wallet linked to North Korean hacking operations received funds from YoMix, whereas…
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National Security Officials Discuss to Combat DPRK’s Crypto Illicit Use in WMD Programs

December 11, 2023

Source: Adobe National Security Advisors of the United States, South Korea and Japan convened to discuss a collective response to North Korea’s illicit crypto financing for weapons of mass destruction programs (WMD). The discussions were held during a trilateral meeting at the White House on Saturday. Jake Sullivan, the US advisor of National Security, Cho…
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Apple MacOS malware targets crypto community and engineers

November 4, 2023

The social engineering attacks trick community members into downloading a malicious ZIP archive named “Cross-platform Bridges.zip” — imitating an arbitrage bot designed for automated profit generation. A new malware discovered on Apple’s macOS — tied to the North Korean hacking group Lazarus — has reportedly targeted blockchain engineers of a cryptocurrency exchange platform. The macOS…
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Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M

September 25, 2023

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…
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North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

September 25, 2023

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…
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3 steps crypto investors can take to avoid hacks by the Lazarus Group

September 17, 2023

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…
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North Korean Hackers Use Russian-Based Exchanges to Launder Stolen Crypto, Report

September 17, 2023

Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with the record-breaking 2022. Chainalysis Report Alleges New Alliance Between North Korean…
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Tag: North Korea