South Korea sanctions 15 North Koreans for crypto heists and cyber theft

December 26, 2024 Coin Telegraph

The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.

North Korean hackers are being pursued by governments worldwide that blame them for more than half of the value of cryptocurrency stolen during 2024.

Hackers like the infamous Lazarus Group are prime suspects in some of the most notorious cyber thefts in Web3, including the $600 million Ronin network hack.

South Korea is the latest country to impose sanctions against 15 North Korean IT organization members and one related group.

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Radiant Capital says North Korea posed as ex-contractor to carry out $50M hack

December 9, 2024 Coin Telegraph

Radiant Capital says North Korea posed as ex-contractor to carry out M hack

Blockchain security

A North Korean threat actor was behind the $50 million attack on Radiant Capital in October and spoofed being an ex-contractor, the DeFi platform said.

Radiant Capital has said a $50 million hack on its decentralized finance (DeFi) platform in October was carried out through malware sent via Telegram from a North Korea-aligned hacker posing as an ex-contractor.

Radiant said in a Dec. 6 update of the ongoing investigation that its contracted cybersecurity firm Mandiant has assessed “with high-confidence that this attack is attributable to a Democratic People’s Republic of Korea (DPRK)-nexus threat actor.”

The platform said a Radiant developer received a Telegram message with a zip file from a “trusted former contractor” on Sept. 11 asking for feedback on a new endeavor they were planning.

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North Korean hackers expand social engineering operation to IT firms: Report

November 28, 2024 Coin Telegraph

Coin Telegraph

The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years.

Hackers with ties to the North Korean government have reportedly expanded social engineering scams designed to steal cryptocurrencies by infiltrating “hundreds” of large, multinational information technology firms.

According to an article from TechCrunch, researchers at the Cyberwarcon cybersecurity conference identified two North Korean hacker groups called “Sapphire Sleet” and “Ruby Sleet.”

Sapphire Sleet targeted individuals through fraudulent employment schemes by posing as legitimate recruiters and luring unsuspecting victims into interviews or other offers of employment. The hackers would then infect the users’ computers with malware disguised as picture-document files (PDFs) or malicious links at some point during the interview process.

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North Korean hacker BlueNoroff targets crypto firms with new malware

November 8, 2024 Coin Telegraph

BlueNoroff

According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017.

BlueNoroff, the infamous North Korean hacker group responsible for a string of phishing and cybersecurity attacks since 2019, is targeting crypto firms with a new malware that attacks MacOS computers.

According to a report from SentinelLabs, the malware operation nicknamed “Hidden Risk” is spread through PDF files in multiple stages. The threat actors use fake news headlines and legitimate crypto market research to lure in unsuspecting individuals and companies.

Once the user downloads the PDF file, a seemingly legitimate decoy PDF is downloaded and opened, while the malware downloads as a separate file on the MacOS desktop in the background.

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Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund

October 7, 2024 The Daily Hodl

crypto

Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm. In a new thread on the social media platform X, Storm – who helped launch the anonymous ETH-based crypto mixing protocol in 2019 – expresses his gratitude to Buterin for his continued support. “I can’t […]

The post Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund appeared first on The Daily Hodl.

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US gov files complaints to seize assets from North Korean hackers

October 7, 2024 Coin Telegraph

Coin Telegraph

According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.

The United States government filed two legal complaints on October 4, 2024, to begin seizing more than $2.67 million in digital assets stolen by the North Korean Lazarus hacking group.

According to the legal filings, the US government seeks to recover approximately $1.7 million in Tether (USDT) stolen by the organization in the 2022 Deribit hack — which left the options exchange drained of $28 million.

Once the hackers successfully breached a Deribit hot wallet, they passed the funds through the Tornado Cash mixer and several Ethereum (ETH) addresses in an attempt to avoid detection.

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US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint

October 7, 2024 Bitcoin.com

APT38

Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent Threat 38 (APT38). These cyber hacking syndicates are known for their operations to fund […]

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Bingx Hit With $52 Million Hack, Lazarus Group Suspected

September 20, 2024 Bitcoin.com

BingX

Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm believes a North Korea-linked hacking group, Lazarus Group, […]

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Indonesian Crypto Exchange Hit by $20.5M Hack, Lazarus Group Suspected

September 11, 2024 Bitcoin.com

Indonesian Crypto Exchange Hit by .5M Hack, Lazarus Group Suspected

bitcoin.com

Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows […]

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Crypto Sleuth Suggests $230,000,000 WazirX Crypto Hack Linked to North Korea’s Lazarus Group

July 18, 2024 The Daily Hodl

Crypto Sleuth Suggests 0,000,000 WazirX Crypto Hack Linked to North Korea’s Lazarus Group

breaches

A crypto exchange based out of India has confirmed a multi-million dollar security breach on a multi-sig wallet. According to the India-based exchange WazirX, the incident has led the exchange to temporarily halt Indian rupee (INR) and crypto withdrawals. “Update: We’re aware that one of our multisig wallets has experienced a security breach. Our team […]

The post Crypto Sleuth Suggests $230,000,000 WazirX Crypto Hack Linked to North Korea’s Lazarus Group appeared first on The Daily Hodl.

Lazarus Group

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