North Korea

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on cryptocurrency mixer Sinbad, alleging the platform was responsible for laundering funds for the North Korea-based hacking group Lazarus.In a Nov. 29 announcement, OFAC said Sinbad had “proc ...

The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia where it's based.In a Nov. 16 dismissal motion in a Colorado District Court the Estonian firm argued i ...

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 malware “KandyKorn” is a stealthy backdoor capable of data retrieval, dire ...

Blockchain analysis experts have uncovered an individual allegedly linked to a cryptocurrency money laundering operation selling stolen tokens from recent high-profile exchange hacks at discounted rates. These investigations led to an individual who is reportedly selling stolen cryptocurrency tokens ...

Hong Kong's cryptocurrency exchange, CoinEx, recently disclosed a security breach resulting in hackers making off with more than $70 million in tokens. CoinEx has been actively investigating the incident and is working on deploying a new wallet system to restore both user access and platform functio ...

The government of South Korea is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets that are used to fund its capital Pyongyang's illicit weapons program. According to a report by local media outlet JoongAng Daily, multiple anonymous ...

DPRK-linked hackers stole $180 million worth of digital assets in the first half of 2023 alone, local media reported. They also stole the data of about 1,000 credit cards. South Korea's National Intelligence Service (NIS) said that DPRK-linked hackers stole virtu ...

Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees.In an Aug. 7 blog post, CoinsPaid said an exploit which allowed hackers to steal more than $37 million on July ...

Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22.“We suspect Lazarus Group, one of the most powerful hacker organisati ...

A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose role is to promote strategies to co ...

Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto. On June 13, blockchain security and compliance firm Elliptic updated the ...

Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm Elliptic reported that its Investigations Team has traced funds from ...

Cryptocurrency exchange Binance said that at the request of U.S. authorities froze crypto-assets worth $4.4 million associated with organizations from North Korea. Binance Investigations worked with U.S. law enforcement to thwart the "illegal revenue-generating activities ...

North Korean-linked hacker groups stole $721 million in cryptocurrency from Japanese entrepreneurs between 2017 and Jan. 1, 2023, according to an Elliptic study published by Nikkei. The amount represents 30% of total losses from DPRK hack ...

The US Department of the Treasury recently released a report that shed light on the DeFi risk assessment carried out by its agency. According to the report, such services do not comply with the necessary regulations and laws that govern traditional finance systems. Analysts from the agency poi ...

Based on a recent report by Mandiant, a cybersecurity firm based in the US, North Korean hacker group APT43, also known as Kimuski, is utilizing cloud mining services to launder the cryptocurrencies they've stolen. The report further reveals that APT43 is stealing enough digital assets to purchas ...

The group responsible for the hack of DeFi lending platform Euler Finance and the theft of $197 million has reportedly recovered most of the stolen assets. As of March 25, the hackers had returned 51,000 ETH, which is equivalent to about $88 million, and another transfer was made on the same day ...

The Lazarus Group, a notorious hacking group believed to be associated with North Korea, has targeted the hackers who recently stole almost $200 million worth of cryptocurrency from Euler Finance, a DeFi lending platform built on the Ethereum blockchain. According to Coindesk's sources, Lazarus h ...

Cybersecurity experts from PeckShield have reported that a whopping $35.5 million worth of cryptocurrencies were stolen in February. The largest number of successful hacks, a total of 141, occurred on February 11th. As per the analysis, the biggest amount that hackers could steal from one project ...