CoinEx Cryptocurrency Exchange Hit by $70 Million Hack – Investigation Points to North Korean Hackers
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 ...
North Korean Hackers Steal $180 Million in Cryptocurrency in 2023: Impact and UN Report
As reported by Asia Today, citing South Korean law enforcement agencies, North Korean hackers stole $180 million in cryptocurrency in the first half of 2023. According to the South Korean Intelligence Service (NIS), North Korea has illegally taken possession of more than $1.5 billion in virtual a ...
Binance Investigations and Law Enforcement Team Up to Seize $4.4 Million Linked to North Korean Hackers
This is the coordinated work of the police and Binance Investigations The funds belonged to hackers from North Korea We recently wrote that the U.S. Treasury Department discovered and froze Binance cryptocurrencies linked to hackers from North Korea. Now the case ...
Tornado Cash Project Hacked: Attackers Offer to Return Control to the Community
The attackers who recently hacked the Tornado Cash project offered to return control of the project to the cryptocurrency community. The information was made public by user Tornadosaurus-Hex on the Tornado Cash community forum. ...
Cryptocurrency Theft Declines in Q1 2023, but Hacking Incidents Persist
The volume of cryptocurrencies stolen in the first quarter of 2023 fell 65% from the same period in 2022, according to analyst firm TRM Labs. However, the number of break-ins has hardly decreased. 2022 was the biggest year in terms of stolen cryptocurrencies - hackers man ...
Tornado Cash Cryptocurrency Mixer Faces Serious Attack, Tokens Withdrawn
Cryptocurrency mixer Tornado Cash suffered a serious attack - an unknown person gained full control over the protocol and has already started withdrawing TORN tokens. An analyst at investment firm Paradigm, using the Twitter pseudonym samczsun, reported that on May 20, so ...
White House Raises Concerns Over DPRK’s Cyberattacks and Cryptocurrency Theft
White House spokeswoman said Washington's concerns grow as DPRK develops new weapons The White House believes that cyberattacks and cryptocurrency theft remain a key source of revenue for the DPRK regime. The Defense Department said that at least half of the c ...
North Korean Hackers Steal $721 Million from Japanese Crypto-Firms in 5 Years
In 5 years, criminals stole $721 million from Japanese crypto-firms This is one-third of all stolen funds Hackers also frequently steal from other neighbors and the United States North Korean hackers are most successful at attacking Japanese crypto-as ...
US Treasury Penalizes Three Crypto Traders for Assisting North Korean Hackers
The Office of Foreign Assets Control (OFAC), a branch of the US Department of the Treasury, has taken action against three crypto traders for their alleged involvement in assisting North Korean hacker group, Lazarus, to convert crypto assets. Wu Huihui, an over-the-counter (OTC) trader, was accus ...
Massive Crypto Thefts in Q1 2023: $255.8 Million Stolen
According to data from PeckShield, cyber attackers managed to steal a total of $211.5 million worth of cryptocurrencies and $10.9 million worth of NFTs in March of this year. One of the most significant attacks occurred at Euler Finance DeFi, where hackers exploited a vulnerability in the protoco ...