Tag: North Korea

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FBI Says North Korea Was Behind $100m Harmony Horizon Bridge Hack

The United States Federal Bureau of Investigation (FBI) has blamed North Korean hackers for the attack last year on the cross-chain bridge provider Harmony. The Harmony Horizon bridge was compromised in June 2022, with hackers making off with $100 million worth of crypto. The FBI, Reuters and Yonhap reported, blamed “two hacker groups associated with…
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Lazarus Group’s Stolen 41,000 ETH from Harmony Bridge Hack is on The Move

A whopping 41,000 ETH stolen by the North Korean hackers Lazarus Group are currently being deposited on crypto exchanges. According to an analysis of the token movements shared online, the ETH was sent through the anonymity system Railgun before being consolidated in wallets and sent to three major crypto exchanges, possibly to be exchanged for…
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Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges

On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates. Onchain Researchers Track Stolen Ethereum From Harmony Bridge Attack and Help Major…
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North Korean Crypto Hacks to ‘Surge’ This Year, Say Experts

A “surge” in North Korean crypto hacks is on its way in 2023, a security provider has claimed. The South Korean media outlet Money S reported that Panda Security, a Spanish cybersecurity software firm, predicted a “surge in fraudulent activities” and attempts to “steal virtual assets” in the year ahead. The firm stated that hackers…
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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.” The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “transportation and…
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S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body

An executive news director at the national South Korean broadcaster KBS received “crypto” from a figure at the head of an organization with alleged ties to North Korea, an official audit has revealed…. Read More: S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body  Read more »Sign up for e-EUR – the…
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Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group

According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals. Japan’s Law Enforcement and Financial Regulator Warn…
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Japanese Crypto Exchanges Targeted by North Korean Hackers

The notorious North Korean hacker group Lazarus is targeting Japanese cryptoasset companies, and some of these companies already saw their crypto stolen, according to The JapanNews, citing the National Police Agency (NPA)…. Read More: Japanese Crypto Exchanges Targeted by North Korean Hackers  Read more »Sign up for e-EUR – the progressive stablecoin

North Korea ‘Funding Weapons Programs’ with Vast Cache of ‘Stolen Crypto’

International investigators claim that North Korea stole “hundreds of millions of dollars worth of cryptoassets” to pay for its nuclear weapons programs” – while a row has broken out in South Korean political circles over politicians’ alleged ties to the crypto developer Virgil Griffith…. Read More: North Korea ‘Funding Weapons Programs’ with Vast Cache of…
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OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities

The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang. Iran Adds 7 New Bitcoin Addresses to…
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