A recent cybersecurity report by Sekoia revealed an evolving threat posed by the Lazarus Group, the notorious North Korea-linked hacking group. It is now leveraging a tactic known as “ClickFix” to target job seekers in the cryptocurrency sector, particularly within centralized finance (CeFi). This approach marks an adaptation of the group’s earlier “Contagious Interview” campaign,...Read More
Thorchain, the interoperability-focused decentralized exchange protocol, is losing key developers as internal disagreements escalate over how to handle illicit funds flowing through the network. The issue gained urgency after reports confirmed that North Korea’s Lazarus Group has been using the protocol to launder Ethereum (ETH) stolen in the recent Bybit hack. Developers Look to Quit...Read More
The attacker behind the massive Bybit exploit has already laundered 18% of the stolen funds in just 60 hours. They are reportedly using THORChain for cross-chain swaps, moving at breakneck speeds to convert ETH into other crypto assets. $224 Million Laundered In a social media post published on February 25, blockchain analysis firm EmberCN revealed...Read More
Non-KYC centralized exchange eXch has denied accusations that it’s laundering funds from the Bybit hack on behalf of the Lazarus Group. This was in response to social media accusations that it had moved over $30 million from the exploit. eXch’s Response In a Feb. 23 announcement posted on the Bitcointalk forum, the eXch team said...Read More
South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South Korea’s leading crypto exchanges, first...Read More
Police in India have reportedly taken a suspect into custody in connection with the high-profile attack on the WazirX crypto exchange. The individual’s capture comes almost four months after the incident, which resulted in the loss of more than $230 million worth of crypto, was first reported. Two Suspects Identified According to local news sources,...Read More
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw Kaspersky Labs security analysts Boris...Read More
A cybercrime group working on behalf of the North Korean government is now believed to have orchestrated the largest cryptocurrency hack of 2020, according to a report by Chainalysis. The KuCoin hack of 2020 saw $275 million worth of crypto stolen from the exchange after hackers obtained access to the private keys of the exchange’s...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
