LazarusGroup

The US Department of Justice announced the confiscation of $7.7 million in cryptocurrency obtained by North Korean IT workers who infiltrated blockchain companies under false identities. This was reported by CyberScoop on June 6, 2025. The perpetrators associated with the North Korean regime used fake resumes and profiles to obtain jobs in the crypto industry, funneling earnings to Pyongyang to finance weapons programs.

The North Korean hacker group Lazarus has intensified attacks on cryptocurrency industry specialists, using new malware OtterCookie, reported SlowMist on June 6, 2025. The attackers use social engineering methods, posing as employers offering high-paying positions. Victims are lured into fake interviews, being asked to install a communication program that contains malicious code. OtterCookie steals passwords, private keys of cryptocurrency wallets, and macOS Keychain data.

BitMEX has just revealed the most dangerous cybercrime gang in the world of cryptocurrency, a dangerous gang.
The Lazarus Group in North Korea, responsible for stealing over $3 billion, was caught red-handed:
Recycled Servers
Beginner Mistakes
IP addresses traced to North Korea
These are not masterminds, but amateur impersonators!

Cryptocurrency exchange BitMEX has thwarted another cyberattack attempt by the notorious Lazarus Group, a North Korea-linked hacking entity. This time, the attackers tried to lure an employee with a fake NFT partnership, a common social engineering tactic.

🎯 Attack Initiated via LinkedIn
According to a blog post published on May 30, a BitMEX employee was approached on LinkedIn under the pretense of a Web3/NFT collaboration. The real goal was to trick the target into running a malicious GitHub project containing infected JavaScript code.
BitMEX noted that the technique used was a familiar Lazarus tactic, relying on social engineering as a first step to gain access to internal systems.
“The tactics used by Lazarus were basic but effective. Our security team quickly identified the threat,” the company stated.

🌐 A Lead to China
Upon analyzing the attack, BitMEX traced one of the IP addresses used by the hackers to Jiaxing, China, just 100 kilometers from Shanghai, even though the infrastructure was linked to North Korean operations.
The report emphasized that Lazarus often starts attacks with low-effort phishing methods, moving to more advanced strategies once inside.

🧠 Lazarus Operates Through Sub-Groups with Varying Skill Levels
Cybersecurity analysts say North Korean cyberattacks often involve multiple sub-groups with different levels of sophistication. While some focus on basic social engineering, others use advanced tools such as smart contract exploits or cloud infrastructure manipulation.
In one major incident, hackers tricked a Safe Wallet employee into opening a malicious file, eventually leading to the theft of $1.4 billion from Bybit. The breach began with nothing more than social engineering.

🚨 Ongoing Threat – Well Organized and Persistent
Security expert Snir Levi of Nominis warns that Lazarus remains a highly active and organized threat. Based on reports received from victims, he believes the group attempts scams daily, using a wide range of techniques.
“From fake job offers to backdoored PDFs, their attack vectors are evolving,” Levi said.

📊 A Massive Impact on the Crypto Sector
According to Chainalysis, Lazarus-linked actors stole $1.34 billion worth of crypto in 2024, accounting for over 60% of all crypto thefts that year. That’s a 102% increase from the $660 million stolen in 2023.
Western intelligence services have long warned that proceeds from crypto thefts may fund up to 50% of North Korea’s weapons and missile development programs.

#LazarusGroup , #BitMEX , #cryptohacks , #phishing , #CyberSecurity

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Inside the Cyber Jungle: How a North Korean Hacker Group Slipped Up and Got Exposed!

A major crypto hack was narrowly avoided when a sharp-eyed BitMEX employee spotted something suspicious in a LinkedIn message. The attacker posed as a Web3 developer with an “NFT marketplace project” and invited the employee to review some code on GitHub. But things didn’t feel right 😒. Turns out, this was no ordinary coder — it was the notorious Lazarus Group, a state-sponsored hacking collective tied to North Korea 🇰🇵. These hackers are believed to be behind major breaches of exchanges like Bybit, WazirX, and Stake.

BitMEX’s security team jumped into action 🕵️‍♂️ and uncovered malicious code hidden in the GitHub files. The sneaky software was designed to steal login details, IP addresses, and even geolocation data from the victim’s device. Even scarier — it was connected to a public database on Supabase, which stored details of already-compromised machines 😨. Thanks to a common mistake in setting up permissions, BitMEX was able to peek into this hacker logbook.

That’s when the real twist happened 🤯! While analyzing the logs, BitMEX discovered something huge: one of the hackers had accidentally revealed their real IP address — traced back to a residential internet connection in China, not a VPN. This major blunder exposed not just the attacker’s possible location, but also hinted at how these operations are run. They even noticed “office hours” in the hackers' activity logs — working from 5PM to 10PM Pyongyang time. So much for stealth mode! 🕗💻

This incident shows how even the most dangerous hackers can trip over their own wires 😅. While Lazarus often starts with simple phishing scams, their back-end systems can be surprisingly advanced. But one small slip-up was all BitMEX needed to unmask them and build a live monitoring system that tracks new infections 🔍. With over 850 records logged so far, this might just be the breakthrough needed to strike back at one of crypto’s most infamous villains.

#HackerAlert #LazarusGroup #BinanceAlphaAlert #MarketPullback #BTCPrediction $BTC $ETH

In what is being called the biggest digital heist in history," cryptocurrency exchange Bybit has suffered a massive $1.5 billion hack. The attacker targeted an Ethereum $ETH wallet, transferring the funds to an unknown address. #Bybit the second-largest crypto exchange by trading volume, has appealed to the "brightest minds in cybersecurity and crypto analytics" to help recover the stolen funds, offering a 10% reward (up to $140 million) for successful recovery.
Key Details of the Hack:
- Targeted Asset: Ethereum (ETH), the second-largest cryptocurrency by market cap.
- Method: The hacker exploited security controls during a routine transfer of Ethereum from an offline "cold wallet" to a "warm wallet" used for daily operations.
- Impact: Bybit has assured users that their funds are safe and that the exchange remains solvent, with $20 billion in customer assets to cover losses. CEO Ben Zhou confirmed that all affected users will be refunded, even if the stolen funds are not recovered.
- Market Reaction: Ethereum’s price dropped by 4% after the news but has since nearly recovered to pre-hack levels.
Implications for the Crypto Industry:
1. Trust and Confidence: This hack is a major setback for the crypto industry, which has been working to rebuild trust after previous breaches and collapses. While Bybit’s quick response and commitment to refunds are positive, the incident highlights the vulnerabilities of even the largest exchanges.
2. Regulatory Pressure: The hack could lead to stricter regulations for crypto exchanges worldwide. Governments and regulators may push for more robust security standards, especially in the U.S., where former President #DonaldTrump has promised to make the country the "crypto capital of the planet."
3. Market Volatility: Large-scale hacks often trigger panic selling and increased withdrawal requests. Bybit reported over 350,000 withdrawal requests following the breach, which could strain the exchange’s liquidity and processing capabilities.
4. Cybersecurity Arms Race: The attack underscores the need for stronger security measures in the crypto space. Bybit has pledged to "fundamentally transform" its security infrastructure, setting a new standard for other exchanges to follow.
5. Geopolitical Concerns: Some reports suggest that North Korean state-backed hackers, such as the #LazarusGroup may be behind the attack. This group has been linked to previous high-profile crypto heists, including the $615 million Ronin Network hack in 2022. If confirmed, this could escalate geopolitical tensions and lead to increased international efforts to combat crypto-related cybercrime.
Bybit’s Response:
Bybit has taken several steps to address the situation:
- User Reassurance: The exchange has emphasized its financial stability and commitment to refunding affected users.
- Collaboration with Experts: Bybit is seeking help from top cybersecurity and crypto analytics professionals to trace and recover the stolen funds.
- Security Overhaul: The company has pledged to revamp its security infrastructure to prevent future breaches.
Key Takeaways for the Crypto Community:
- Stay Vigilant: Users should remain cautious and consider diversifying their holdings across multiple wallets and exchanges.
- Advocate for Stronger Security: This incident highlights the importance of robust security measures, such as multi-signature wallets and advanced encryption.
- Monitor Regulatory Developments: The hack could accelerate regulatory efforts, potentially impacting how exchanges operate globally.
#CryptoHack #Ethereum #Cybersecurity #CryptoNewss ews #Blockchain #CryptoRegulation #DigitalAssets #CryptoCommunity #Binance #Liquidity #CryptoSecurity #DeFi #CryptoRecovery #NorthKoreaHackers
Conclusion:
The Bybit hack is a stark reminder of the risks in the crypto industry. While the exchange’s swift response and commitment to user protection are commendable, the incident underscores the urgent need for enhanced security measures and regulatory oversight. As the crypto world continues to evolve, collaboration between exchanges, cybersecurity experts, and regulators will be crucial to safeguarding the future of digital assets.
Stay informed, stay secure, and let’s work together to build a safer crypto ecosystem.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any financial decisions.

Lazarus Group is one of the world’s most dangerous cyber hacking organizations, believed to be operating under the supervision of the North Korean government. It began its activities in the early 2000s and has since carried out high-profile attacks targeting financial institutions, technology companies, and cryptocurrency platforms. Its primary objectives are to fund the North Korean regime, evade international sanctions, and gather intelligence.
Origins and Development
Lazarus Group first appeared on the cyber scene in 2009, but it gained global attention in 2014 after the infamous attack on Sony Pictures. During that attack, the hackers infiltrated the company’s systems, stole sensitive data, and released threatening messages in response to the film “The Interview”, which mocked North Korean leader Kim Jong-un. Since then, the group has diversified its targets, including banks, governments, and cryptocurrency companies.

Group’s Objectives and Motives
1. Illicit Financing:
Due to the economic sanctions imposed on North Korea, the group steals money and cryptocurrencies to fund its nuclear and military programs.
2. Cyber Espionage:
The group gathers intelligence from governments and corporations to strengthen North Korea’s position in international negotiations.
3. Destabilization:
Some attacks are aimed at creating chaos in enemy countries or disrupting their economic systems.

Notorious Cyberattacks
1. Sony Pictures Hack (2014)
• The hackers infiltrated Sony’s systems, leaking unreleased films and sensitive emails.
• The attack caused significant financial losses and raised concerns about online freedom of expression.
2. WannaCry Ransomware Attack (2017)
• A global ransomware attack that infected over 230,000 devices in 150 countries.
• It crippled hospitals, companies, and banks, with hackers demanding ransom in Bitcoin to unlock encrypted files.
3. Bangladesh Central Bank Heist (2016)
• The group stole $81 million through illegal transfers from the Federal Reserve Bank of New York to accounts in the Philippines.
• The theft could have reached $1 billion if the breach had not been discovered at the last minute.
4. Ronin Network Hack (2022)
• The group breached the blockchain network of the game Axie Infinity, stealing over $620 million in Ethereum (ETH) and USDC.
• This was one of the largest cryptocurrency hacks in history.

Hacking Techniques and Tools

Lazarus Group employs advanced techniques and diverse methods, including:
1. Social Engineering: Tricking employees into clicking malicious links via emails or social media.
2. Ransomware: Encrypting data and demanding cryptocurrency payments to restore access.
3. Blockchain Breaches: Exploiting vulnerabilities in smart contracts and decentralized finance (DeFi) platforms.
4. Money Laundering: Using cryptocurrency mixers like Tornado Cash to hide the origin of stolen funds.

Organizational Structure

Little is known about the group’s internal structure due to its secrecy. However, it is believed to operate under North Korea’s Reconnaissance General Bureau (RGB), responsible for intelligence activities and special operations abroad. The group is likely supported by skilled programmers and hackers trained within the country.

Global Economic Impact

Lazarus Group’s attacks have resulted in billions of dollars in losses and disrupted financial markets worldwide. For example, ransomware attacks like WannaCry harmed healthcare providers and banks, while cryptocurrency thefts undermined investor confidence in blockchain technology.
International Response
1. United States: The U.S. Treasury Department has imposed sanctions on individuals and entities linked to Lazarus Group. The FBI has also classified the group as a top cyber threat.
2. United Nations: UN reports indicate that stolen funds are used to finance North Korea’s nuclear weapons program.
3. Cybersecurity Companies: Firms like Kaspersky, Symantec, and CrowdStrike are actively tracking the group’s activities and developing protection systems against its attacks.
How to Protect Yourself from Lazarus Group’s Attacks
• Enhance Cybersecurity: Use advanced firewalls and antivirus software.
• Employee Awareness: Train employees to recognize phishing emails and suspicious links.
• Enable Two-Factor Authentication (2FA): Especially for managing cryptocurrency wallets.
• Backup Important Data: Keep encrypted backups of critical data.
Conclusion
Lazarus Group is a clear example of how cybercrime can be used as a political and economic tool. With its advanced skills and diverse strategies, it has become a major player in the world of cybercrime. As the world increasingly relies on digital assets, the group is expected to continue its attacks, making cybersecurity a top priority for individuals and organizations alike.
$AXS $ETH $BTC
#BybitSecurityBreach #LazarusGroup #SouthKorea #ETH #BTC☀

According to Arkham Intelligence, the mastermind behind the $1.5 billion Bybit hack has been identified, and the culprit is none other than the Lazarus Group, a notorious North Korean cybercrime syndicate.

🔎 What we know at the moment:
🔹 Lazarus Group has a history of large-scale cryptocurrency thefts, laundering billions through complex blockchain transactions.