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🚨 North Korea stole $1.34 BILLION in crypto in 2024 alone!
G7 leaders to tackle escalating cyber threats and crypto theft at upcoming summit.
Will they crack down on the regime’s funding source? #Crypto #CyberSecurity #G7Summit #NorthKorea
G7 leaders to tackle escalating cyber threats and crypto theft at upcoming summit.
Will they crack down on the regime’s funding source? #Crypto #CyberSecurity #G7Summit #NorthKorea
North Korean Hacker Hired by Mistake Demands Crypto Ransom After Company Breach
In an era where remote work has become the norm, a recent cybersecurity incident has sent shockwaves through the business community. A company's well-intentioned effort to embrace global talent turned into a nightmare when they unknowingly hired a North Korean cybercriminal as a remote contractor.
Perfect Infiltration
The story reads like a thriller novel: a skilled hacker, armed with meticulously forged credentials, successfully passed through the hiring process and joined the company's workforce. For several months, this individual maintained a convincing facade while secretly preparing for a massive data breach.
The deception only came to light when HR personnel spotted inconsistencies in the contractor's employment history. By then, substantial damage had already been done - sensitive corporate data had been compromised, leading to a six-figure cryptocurrency ransom demand.
A Growing Trend in Cyber Warfare
This isn't just another cybersecurity breach - it represents a sophisticated evolution in cyber warfare tactics. Instead of launching external attacks, threat actors are now infiltrating organizations through legitimate channels, drawing regular salaries while orchestrating attacks from within.
Security experts believe this operation was part of a broader strategy to circumvent international sanctions, with the salary and potential ransom payments being funneled back to support state-sponsored activities.
Lessons for the Modern Workplace
This incident serves as a crucial wake-up call for organizations embracing remote work. Here are key takeaways for businesses:
1. Enhanced Verification Processes
Implement multi-layer background checksVerify credentials through multiple sourcesConsider real-time identity verification tools
2. Improved Security Protocols
Regular security auditsLimited access rights for new employeesAdvanced monitoring systems for remote workers
3. Cultural Awareness
Train teams to recognize suspicious behaviorFoster a security-first mindsetEncourage reporting of unusual activities
Moving Forward
While this incident highlights significant risks, it shouldn't deter companies from embracing remote work. Instead, it should inspire the implementation of stronger security measures. The future of work remains digital and global, but success in this landscape requires a delicate balance between accessibility and security.
Security Best Practices for Remote Hiring
Conduct thorough background checks across international databasesImplement progressive access policies for new hiresMaintain robust monitoring systemsRegular security training for all employeesEstablish clear protocols for handling sensitive data
Final Thoughts
This incident serves as a reminder that cybersecurity isn't just about protecting against external threats - sometimes the biggest risks come from within. As organizations continue to adapt to remote work, the need for comprehensive security measures becomes increasingly critical.
The future of work is undoubtedly remote, but it must be built on a foundation of robust security practices and thorough verification processes. Only then can companies truly harness the benefits of a global talent pool while protecting their vital assets.
#northkorea #NorthKorean #Hacker #cybersecurity #Hacked
Perfect Infiltration
The story reads like a thriller novel: a skilled hacker, armed with meticulously forged credentials, successfully passed through the hiring process and joined the company's workforce. For several months, this individual maintained a convincing facade while secretly preparing for a massive data breach.
The deception only came to light when HR personnel spotted inconsistencies in the contractor's employment history. By then, substantial damage had already been done - sensitive corporate data had been compromised, leading to a six-figure cryptocurrency ransom demand.
A Growing Trend in Cyber Warfare
This isn't just another cybersecurity breach - it represents a sophisticated evolution in cyber warfare tactics. Instead of launching external attacks, threat actors are now infiltrating organizations through legitimate channels, drawing regular salaries while orchestrating attacks from within.
Security experts believe this operation was part of a broader strategy to circumvent international sanctions, with the salary and potential ransom payments being funneled back to support state-sponsored activities.
Lessons for the Modern Workplace
This incident serves as a crucial wake-up call for organizations embracing remote work. Here are key takeaways for businesses:
1. Enhanced Verification Processes
Implement multi-layer background checksVerify credentials through multiple sourcesConsider real-time identity verification tools
2. Improved Security Protocols
Regular security auditsLimited access rights for new employeesAdvanced monitoring systems for remote workers
3. Cultural Awareness
Train teams to recognize suspicious behaviorFoster a security-first mindsetEncourage reporting of unusual activities
Moving Forward
While this incident highlights significant risks, it shouldn't deter companies from embracing remote work. Instead, it should inspire the implementation of stronger security measures. The future of work remains digital and global, but success in this landscape requires a delicate balance between accessibility and security.
Security Best Practices for Remote Hiring
Conduct thorough background checks across international databasesImplement progressive access policies for new hiresMaintain robust monitoring systemsRegular security training for all employeesEstablish clear protocols for handling sensitive data
Final Thoughts
This incident serves as a reminder that cybersecurity isn't just about protecting against external threats - sometimes the biggest risks come from within. As organizations continue to adapt to remote work, the need for comprehensive security measures becomes increasingly critical.
The future of work is undoubtedly remote, but it must be built on a foundation of robust security practices and thorough verification processes. Only then can companies truly harness the benefits of a global talent pool while protecting their vital assets.
#northkorea #NorthKorean #Hacker #cybersecurity #Hacked
The United Nations (UN) highlighted that North Korea funds 50% of its foreign exchange through cyberattacks, through an investigation into an attack on a crypto company that caused losses of $3 billion.
#cyberattack #northkorea #Exploiter
#cyberattack #northkorea #Exploiter
Report: North Korean hackers have stolen $3 billion in cryptocurrency over the past six years.
According to US cybersecurity firm Recorded Future, in 2022, North Korean hackers stole cryptocurrency worth 10 times the amount the country earned from exports in 2021.
They targeted targeting South Korea for its cryptocurrency, before expanding its targeting to the rest of the world.
#security🔒 #HackerAlert #northkorea
According to US cybersecurity firm Recorded Future, in 2022, North Korean hackers stole cryptocurrency worth 10 times the amount the country earned from exports in 2021.
They targeted targeting South Korea for its cryptocurrency, before expanding its targeting to the rest of the world.
#security🔒 #HackerAlert #northkorea
North Korea's Ascension in Bitcoin Holdings:
North Korea has emerged as the third-largest holder of Bitcoin globally, surpassed only by the United States and the United Kingdom. This position results from the cyber-hacking group Lazarus, which accumulated approximately 13,580 Bitcoin, valued at £886 million. A notable heist involved the cryptocurrency exchange Bybit, where over £1.2 billion in Ethereum was stolen. These cyber activities are believed to fund North Korea's military programs, with estimates suggesting up to 40% of its nuclear program is financed through such means.
Also, 🇰🇵 North Korea’s Lazarus group has converted the stolen $ETH to $BTC after the Bybit hack, now holding 13,562 $BTC worth around $1.12B per data from Arkham.
| #Lazarus
North Korea has emerged as the third-largest holder of Bitcoin globally, surpassed only by the United States and the United Kingdom. This position results from the cyber-hacking group Lazarus, which accumulated approximately 13,580 Bitcoin, valued at £886 million. A notable heist involved the cryptocurrency exchange Bybit, where over £1.2 billion in Ethereum was stolen. These cyber activities are believed to fund North Korea's military programs, with estimates suggesting up to 40% of its nuclear program is financed through such means.
Also, 🇰🇵 North Korea’s Lazarus group has converted the stolen $ETH to $BTC after the Bybit hack, now holding 13,562 $BTC worth around $1.12B per data from Arkham.
| #Lazarus
$BTC is currently trading at $85,819, up 3.18% today, with an intraday high of $87,429 and a low of $83,165. Analysts warn of weak support and suggest a potential drop to $73,000 if the trend continues. #northkorea has become the third-largest Bitcoin holder, accumulating 13,562 BTC (worth around $1.14 billion) primarily through cyberattacks. The stolen funds are believed to support its missile programs. Meanwhile, the United States is setting up a Strategic Bitcoin Reserve (SBR) to strengthen its national crypto holdings. On the corporate side, Strategy (formerly MicroStrategy) now holds nearly 500,000 BTC and continues to buy more aggressively. Bitcoin remains volatile, but its adoption by nations and institutions continues to grow.
🚨 *RUMOR ALERT* 🚨
THIS INFORMATION IS NOT VERIFIED ANYWHERE AND IT MAYBE FALSE,PLEASE DO YOUR OWN RESEARCH
So here's the latest buzz in the crypto world:
*North Korea reportedly agrees to return stolen $ETH * after a phone call from *Trump’s Crypto Tsar*! 🤯💰 The *Crypto Tsar* supposedly passed on a private message from *President Trump* himself.
*MASSIVE if TRUE!!* 🙌
But here's the thing: *take this with a grain of salt*—we know how these rumors can go in crypto. If it turns out to be true, this would be one of the most unexpected moves in crypto history. 🤔
If North Korea actually agrees to return the *stolen Ethereum*, it could have major implications on the market and, of course, the political scene. This could be a huge win for the *crypto community* and for *international relations* (well, maybe). 😅
But *until we hear official confirmation*, let’s stay cautious. Keep your eyes peeled 👀 and watch how this story develops.
$ETH
#CryptoNews #ETH #NorthKorea #CryptoWorld #BreakingNews
THIS INFORMATION IS NOT VERIFIED ANYWHERE AND IT MAYBE FALSE,PLEASE DO YOUR OWN RESEARCH
So here's the latest buzz in the crypto world:
*North Korea reportedly agrees to return stolen $ETH * after a phone call from *Trump’s Crypto Tsar*! 🤯💰 The *Crypto Tsar* supposedly passed on a private message from *President Trump* himself.
*MASSIVE if TRUE!!* 🙌
But here's the thing: *take this with a grain of salt*—we know how these rumors can go in crypto. If it turns out to be true, this would be one of the most unexpected moves in crypto history. 🤔
If North Korea actually agrees to return the *stolen Ethereum*, it could have major implications on the market and, of course, the political scene. This could be a huge win for the *crypto community* and for *international relations* (well, maybe). 😅
But *until we hear official confirmation*, let’s stay cautious. Keep your eyes peeled 👀 and watch how this story develops.
$ETH
#CryptoNews #ETH #NorthKorea #CryptoWorld #BreakingNews
🚨 North Korean Hackers Ka Shaq – Safe Multisig Aur Coin Laundering Me Involvement? 💀💰
🔍 Odaily ke mutaabik, SlowMist ke Cosine ne X platform par share kiya ki ab tak koi solid proof nahi hai, lekin jo techniques Safe multisig aur coin laundering me use ho rahi hain, woh North Korean hackers ke pehle ke attacks jaise lag rahe hain! 😨🎭
⚠️ Crypto Community Alert! 🚨 Hackers naye tareeke dhoondh rahe hain funds chhupane ke liye! 🔓💸
#CryptoHack #NorthKorea #SafeMultisig #StayVigilant 🔥🔍
🔍 Odaily ke mutaabik, SlowMist ke Cosine ne X platform par share kiya ki ab tak koi solid proof nahi hai, lekin jo techniques Safe multisig aur coin laundering me use ho rahi hain, woh North Korean hackers ke pehle ke attacks jaise lag rahe hain! 😨🎭
⚠️ Crypto Community Alert! 🚨 Hackers naye tareeke dhoondh rahe hain funds chhupane ke liye! 🔓💸
#CryptoHack #NorthKorea #SafeMultisig #StayVigilant 🔥🔍
🚨 North Korea’s Lazarus Group Accumulated 13,562 BTC worth $1.14 BILLION!
Lazarus has been linked to some of the biggest crypto hacks in history, including Axie Infinity’s $620M Ronin Bridge exploit. They move stolen funds through mixers, cross-chain swaps, and decentralized exchanges to launder BTC and evade sanctions.
After the ByBit hack, they now hacked a total $1.14B worth of crypto! While military spending is increasing around the world, North Korea says "no f.... given, we're more into cyber warfare" 😂. Follow @Professor Mende - Bonuz Ecosystem Founder for more news! #NorthKorea #LazarusGroup #CryptoMarketNews #CryptoMarketWatch #ByBit
Lazarus has been linked to some of the biggest crypto hacks in history, including Axie Infinity’s $620M Ronin Bridge exploit. They move stolen funds through mixers, cross-chain swaps, and decentralized exchanges to launder BTC and evade sanctions.
After the ByBit hack, they now hacked a total $1.14B worth of crypto! While military spending is increasing around the world, North Korea says "no f.... given, we're more into cyber warfare" 😂. Follow @Professor Mende - Bonuz Ecosystem Founder for more news! #NorthKorea #LazarusGroup #CryptoMarketNews #CryptoMarketWatch #ByBit
US imposes sanctions on North Korea’s crypto laundering network
The U.S. Treasury Department sanctioned two individuals and one entity for laundering cryptocurrencies for the North Korean Democratic People’s Republic of Korea (DPRK).
Two Chinese nationals, Lu Huaying and Zhang Jian, helped the crypto money laundering as part of a more extensive illicit network headed by a sanctioned DPRK banking representative named Sim Hyon Sop, according to the Treasury’s Office of Foreign Assets Control (OFAC).
Li and Zhang worked at a front company in the United Arab Emirates named Green Alpine Trading, which allegedly served as a core component of the money laundering network. The company has been designated as a sanctioned organization.
“The DPRK continues to use agents and proxies to access the international financial system to conduct illicit financial activities, including fraudulent IT work, digital assets heists, and money laundering, in support of its unlawful WMD and ballistic missile programs.” the statement said.
North Korea-backed hacker groups, including the Lazarus Group, are accused of orchestrating some of the largest hacks in crypto, such as the $600 million hack of the Ronin Ethereum sidechain in 2022.
One common tactic reportedly employed by North Korean hackers is disguising themselves as recruiters or high-level executives in crypto investment companies.
Blockchain security firm SlowMist previously stated that a member of the Lazarus hacker group impersonated an executive member of Chinese blockchain asset management firm Fenbushi Capital to lure LinkedIn users into clicking malicious links.
North Korea’s state-backed crypto hacker groups earned the country around 50% of its foreign currency, a large share of which was allegedly used for developing weapons of mass destruction, South Korea's Yonhap News Agency reported in March this year citing the UN Security Council.
#NorthKorea #USACryptoTrends #BitcoinTherapist #Cryptomarket #CryptoNews
The U.S. Treasury Department sanctioned two individuals and one entity for laundering cryptocurrencies for the North Korean Democratic People’s Republic of Korea (DPRK).
Two Chinese nationals, Lu Huaying and Zhang Jian, helped the crypto money laundering as part of a more extensive illicit network headed by a sanctioned DPRK banking representative named Sim Hyon Sop, according to the Treasury’s Office of Foreign Assets Control (OFAC).
Li and Zhang worked at a front company in the United Arab Emirates named Green Alpine Trading, which allegedly served as a core component of the money laundering network. The company has been designated as a sanctioned organization.
“The DPRK continues to use agents and proxies to access the international financial system to conduct illicit financial activities, including fraudulent IT work, digital assets heists, and money laundering, in support of its unlawful WMD and ballistic missile programs.” the statement said.
North Korea-backed hacker groups, including the Lazarus Group, are accused of orchestrating some of the largest hacks in crypto, such as the $600 million hack of the Ronin Ethereum sidechain in 2022.
One common tactic reportedly employed by North Korean hackers is disguising themselves as recruiters or high-level executives in crypto investment companies.
Blockchain security firm SlowMist previously stated that a member of the Lazarus hacker group impersonated an executive member of Chinese blockchain asset management firm Fenbushi Capital to lure LinkedIn users into clicking malicious links.
North Korea’s state-backed crypto hacker groups earned the country around 50% of its foreign currency, a large share of which was allegedly used for developing weapons of mass destruction, South Korea's Yonhap News Agency reported in March this year citing the UN Security Council.
#NorthKorea #USACryptoTrends #BitcoinTherapist #Cryptomarket #CryptoNews
🔥 Bybit Bought 266,694 ETH Worth $746M Since Hack!!!
Bybit has scooped up a staggering 266,694 ETH, worth about $746 million, following the recent hack. There's almost $700M more to go, but we have to say - RESPECT to ByBit for keeping the situation stable, taking full accountability and making these big money moves to keep their user base safe and positive.
THAT'S how it should always be.... aside from the actual hack and losing money. #ByBit #Ethereum #ETH #LazarusGroup #NorthKorea
Bybit has scooped up a staggering 266,694 ETH, worth about $746 million, following the recent hack. There's almost $700M more to go, but we have to say - RESPECT to ByBit for keeping the situation stable, taking full accountability and making these big money moves to keep their user base safe and positive.
THAT'S how it should always be.... aside from the actual hack and losing money. #ByBit #Ethereum #ETH #LazarusGroup #NorthKorea
JUST IN: 🇰🇵 North Korea's Lazarus Group identified as the culprit behind Bybit's $1.4 billion hack, according to ZachXBT. #Bybit #LazarusGroup #CryptoHack #NorthKorea #ZachXBT
🚨 Bybit Hacker Launders $1.4 Billion in 10 Days
The Bybit hacker, suspected to be North Korea’s Lazarus Group, has successfully laundered all $1.4 billion worth of stolen ETH and ERC-20 tokens in just 10 days.
THORChain and other decentralized protocols were used to convert and obscure the funds, making recovery increasingly difficult. Despite this, blockchain security firms believe some assets may still be traced and potentially frozen.
Bybit has already replaced the stolen $1.4B in user funds and continues operating smoothly, but over $280 million is considered unrecoverable. Meanwhile, security experts warn that cross-chain protocols and mixers are becoming key tools for large-scale crypto laundering.
What do you think about this situation? Drop a comment below & follow @Professor Mende - Bonuz Ecosystem Founder for more news! #ByBit #LazarusGroup #NorthKorea #Ethereum #ETH
The Bybit hacker, suspected to be North Korea’s Lazarus Group, has successfully laundered all $1.4 billion worth of stolen ETH and ERC-20 tokens in just 10 days.
THORChain and other decentralized protocols were used to convert and obscure the funds, making recovery increasingly difficult. Despite this, blockchain security firms believe some assets may still be traced and potentially frozen.
Bybit has already replaced the stolen $1.4B in user funds and continues operating smoothly, but over $280 million is considered unrecoverable. Meanwhile, security experts warn that cross-chain protocols and mixers are becoming key tools for large-scale crypto laundering.
What do you think about this situation? Drop a comment below & follow @Professor Mende - Bonuz Ecosystem Founder for more news! #ByBit #LazarusGroup #NorthKorea #Ethereum #ETH
🚨 North Korea's Bitcoin Boom: How a Massive Crypto Heist Shook the World! 🚨
In a shocking turn of events, North Korea has skyrocketed to become one of the top Bitcoin holders globally—thanks to a massive crypto theft! 🥷💰 The infamous Lazarus Group, a hacker organization tied to North Korea, successfully pulled off a $1.5 billion cyber heist on the crypto exchange Bybit. Now, the stolen funds have been converted into Bitcoin, making North Korea one of the biggest Bitcoin-holding nations, even surpassing El Salvador and Bhutan! 🚀
🔍 The Biggest Crypto Heist in History?
On February 21, 2025, Bybit, one of the world’s leading crypto exchanges, was hit by an unprecedented attack. Hackers infiltrated its systems and drained an astonishing $1.5 billion worth of Ethereum. This marks one of the most significant cryptocurrency heists in history. 😱
💱 From Ethereum to Bitcoin – A Strategic Move
After the heist, Lazarus Group quickly converted the stolen Ethereum into Bitcoin, now holding 13,518 BTC—valued at a staggering $1.12 billion. This shift has positioned North Korea among the top government Bitcoin holders worldwide, raising concerns across the global financial landscape.
🌍 What Does This Mean for Crypto and Global Security?
This development has sent shockwaves through the financial world. With North Korea's growing crypto presence, experts worry about the potential use of these digital assets. In the past, stolen funds have reportedly been used to fund military and nuclear programs. This raises urgent questions about the role of crypto in global security and the need for stronger cybersecurity measures across the industry. 🔐
🚀 What’s Next?
As the world watches this unfolding situation, one thing is clear: the crypto industry must step up its security game. With cyber threats evolving, the challenge now is to protect digital assets while ensuring the integrity of the global financial system.
💬 What do you think about North Korea’s growing influence in crypto?
#northkorea #bitcoin
In a shocking turn of events, North Korea has skyrocketed to become one of the top Bitcoin holders globally—thanks to a massive crypto theft! 🥷💰 The infamous Lazarus Group, a hacker organization tied to North Korea, successfully pulled off a $1.5 billion cyber heist on the crypto exchange Bybit. Now, the stolen funds have been converted into Bitcoin, making North Korea one of the biggest Bitcoin-holding nations, even surpassing El Salvador and Bhutan! 🚀
🔍 The Biggest Crypto Heist in History?
On February 21, 2025, Bybit, one of the world’s leading crypto exchanges, was hit by an unprecedented attack. Hackers infiltrated its systems and drained an astonishing $1.5 billion worth of Ethereum. This marks one of the most significant cryptocurrency heists in history. 😱
💱 From Ethereum to Bitcoin – A Strategic Move
After the heist, Lazarus Group quickly converted the stolen Ethereum into Bitcoin, now holding 13,518 BTC—valued at a staggering $1.12 billion. This shift has positioned North Korea among the top government Bitcoin holders worldwide, raising concerns across the global financial landscape.
🌍 What Does This Mean for Crypto and Global Security?
This development has sent shockwaves through the financial world. With North Korea's growing crypto presence, experts worry about the potential use of these digital assets. In the past, stolen funds have reportedly been used to fund military and nuclear programs. This raises urgent questions about the role of crypto in global security and the need for stronger cybersecurity measures across the industry. 🔐
🚀 What’s Next?
As the world watches this unfolding situation, one thing is clear: the crypto industry must step up its security game. With cyber threats evolving, the challenge now is to protect digital assets while ensuring the integrity of the global financial system.
💬 What do you think about North Korea’s growing influence in crypto?
#northkorea #bitcoin
North Korea's Lazarus Group behind the $1.2 Billion Ethereum Heist. 🇰🇵
A massive $1.19 billion crypto theft has shaken the industry, with North Korea’s Lazarus Group accused of hacking an Ethereum wallet on Bybit. The February 23 attack caused Ethereum’s price to drop 4%, reigniting concerns over exchange security.
Blockchain forensics firm Arkham Intelligence linked the breach to Lazarus, known for funding Pyongyang through cybercrime. Bybit CEO Zhou confirmed 350,000 withdrawal requests but assured users that assets remained secure. Recovery efforts face challenges despite global law enforcement involvement.
The heist follows North Korea’s growing reliance on crypto theft, with Lazarus previously orchestrating billion-dollar breaches, including the $625M Ronin Network hack. Experts stress the need for multi-signature wallets, AI-driven security, and stronger regulatory collaboration to combat state-backed cyber threats.
#NorthKoreaHackers #northkorea #LazarusGroup #Lazarus #Ethereum $ETH
A massive $1.19 billion crypto theft has shaken the industry, with North Korea’s Lazarus Group accused of hacking an Ethereum wallet on Bybit. The February 23 attack caused Ethereum’s price to drop 4%, reigniting concerns over exchange security.
Blockchain forensics firm Arkham Intelligence linked the breach to Lazarus, known for funding Pyongyang through cybercrime. Bybit CEO Zhou confirmed 350,000 withdrawal requests but assured users that assets remained secure. Recovery efforts face challenges despite global law enforcement involvement.
The heist follows North Korea’s growing reliance on crypto theft, with Lazarus previously orchestrating billion-dollar breaches, including the $625M Ronin Network hack. Experts stress the need for multi-signature wallets, AI-driven security, and stronger regulatory collaboration to combat state-backed cyber threats.
#NorthKoreaHackers #northkorea #LazarusGroup #Lazarus #Ethereum $ETH
🔻🔻$BTC ________🔥 for BTC updates ⏫️⏫️⏫️
United Nations report: North Korea obtains 50% of its foreign exchange income through cyber attacks and loses approximately US$30 billion
BTC - SELL
Reason: Increased likelihood of North Korea's cyberattack activities targeting digital wallets impacts investor confidence in Bitcoin.
Signal strength: HIGH
Signal time: 2024-03-23 20:55:02 GMT
#northkorea #cyberattack #Forex #BTCUSDT #SignalAlert
Always DYOR. It’s not a financial advice, but our POV on the most likely asset move amid the event. What’s yours?
United Nations report: North Korea obtains 50% of its foreign exchange income through cyber attacks and loses approximately US$30 billion
BTC - SELL
Reason: Increased likelihood of North Korea's cyberattack activities targeting digital wallets impacts investor confidence in Bitcoin.
Signal strength: HIGH
Signal time: 2024-03-23 20:55:02 GMT
#northkorea #cyberattack #Forex #BTCUSDT #SignalAlert
Always DYOR. It’s not a financial advice, but our POV on the most likely asset move amid the event. What’s yours?
YoMix Emerges as Lazarus Group's Go-To Bitcoin Mixer 🌐
Chainalysis yearly report has cast light on some unsettling
developments in the crypto-sphere. It appears that YoMix, a #BTC mixing service, has seen a substantial uptick in usage, quintupling its inflows this past year. Alarmingly, a significant slice of this activity—about one-third—is traced back to wallets linked to the notorious Lazarus hacking collective from North Korea
#security #northkorea #TrendingTopic #Write2Earn
Chainalysis yearly report has cast light on some unsettling
developments in the crypto-sphere. It appears that YoMix, a #BTC mixing service, has seen a substantial uptick in usage, quintupling its inflows this past year. Alarmingly, a significant slice of this activity—about one-third—is traced back to wallets linked to the notorious Lazarus hacking collective from North Korea
#security #northkorea #TrendingTopic #Write2Earn
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COSMOS DEVELOPERS TO REMOVE NORTH KOREA-LINKED LIQUID STAKING MODULE
The Liquid Staking Module (LSM), created with the participation of North Korean programmers, will be removed from the Cosmos Hub. The team is currently exploring possible ways to do this, developer Jacob Gadikian said.
The day before, Cosmos co-founder Jae Kwon accused Iqlusion CEO Zaki Manian (the developer of LSM) of negligence based on an analysis from All in Bits.
As it turned out, Manian hid from the community that most of the code was written by North Korean programmers. He did not report this even after the FBI revealed their identities and warned the company.
In 2022, Oak Security conducted a security audit of the solution created by the Interchain Foundation (ICF) and identified critical vulnerabilities.
In April 2023, Iqlusion CEO announced the end of LSM, despite the issues not being fixed.
#northkorea #newscrypto #Asia $SOL
The Liquid Staking Module (LSM), created with the participation of North Korean programmers, will be removed from the Cosmos Hub. The team is currently exploring possible ways to do this, developer Jacob Gadikian said.
The day before, Cosmos co-founder Jae Kwon accused Iqlusion CEO Zaki Manian (the developer of LSM) of negligence based on an analysis from All in Bits.
As it turned out, Manian hid from the community that most of the code was written by North Korean programmers. He did not report this even after the FBI revealed their identities and warned the company.
In 2022, Oak Security conducted a security audit of the solution created by the Interchain Foundation (ICF) and identified critical vulnerabilities.
In April 2023, Iqlusion CEO announced the end of LSM, despite the issues not being fixed.
#northkorea #newscrypto #Asia $SOL
🚨 #FBIWarning 🚨
#FBI has released a public Service Announcement report in which they have warned that #northkorea is trying to hack and steal US crypto & Bitcoin ETF funds.
#FBI has released a public Service Announcement report in which they have warned that #northkorea is trying to hack and steal US crypto & Bitcoin ETF funds.
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