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US gov files complaints to seize assets from North Korean hackers

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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Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

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

US Targets Lazarus Group and APT38 in 9M Crypto Forfeiture ComplaintOffshore 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 […]

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

Bingx Hit With $52 Million Hack, Lazarus Group Suspected

Bingx Hit With  Million Hack, Lazarus Group SuspectedAsian 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, […]

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

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

Indonesian Crypto Exchange Hit by .5M Hack, Lazarus Group SuspectedWeb3 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 […]

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

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

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

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.

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

North Korean Hackers Lazarus Group May Be Behind $305,000,000 DMM Bitcoin Attack, Says On-Chain Researcher

North Korean Hackers Lazarus Group May Be Behind 5,000,000 DMM Bitcoin Attack, Says On-Chain Researcher

The North Korean hacking outfit, Lazarus Group, could be responsible for the cyber attack on a Japanese crypto exchange in May that led to the loss of Bitcoin (BTC) worth hundreds of millions of dollars, according to an on-chain sleuth. Pseudonymous blockchain investigator ZachXBT tells his 610,500 followers on the social media platform X that cybercriminals […]

The post North Korean Hackers Lazarus Group May Be Behind $305,000,000 DMM Bitcoin Attack, Says On-Chain Researcher appeared first on The Daily Hodl.

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications

Lifi Finance Hit by  Million Exploit, Warns Users to Avoid ApplicationsAccording to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi Finance had been compromised, […]

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for $4.3 Million, Probe Reveals

North Korea’s Lazarus Group Exploited Defi Protocol Alex Lab for .3 Million, Probe RevealsBitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing investigation. Alex Lab Collaborates With Law Enforcement in $4.3M Hack Investigation […]

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

Norwegian Authorities Return $5,700,000 Worth of Stolen Crypto Assets From 2022 Ronin Network Hack

Norwegian Authorities Return ,700,000 Worth of Stolen Crypto Assets From 2022 Ronin Network Hack

Norwegian authorities successfully froze and returned $5.7 million worth of crypto assets that were stolen in a massive 2022 hack on the Ronin (RON) network. Ronin is a gaming-focused Ethereum (ETH) sidechain developed by Sky Mavis, the same team that created the non-fungible token (NFT)-based game Axie Infinity (AXS). In March 2022, hackers believed to […]

The post Norwegian Authorities Return $5,700,000 Worth of Stolen Crypto Assets From 2022 Ronin Network Hack appeared first on The Daily Hodl.

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

North Korean hackers deploy ‘Durian’ malware, targeting crypto firms

The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms.

North Korean hackers are utilizing a “striking” new malware variant dubbed “Durian” to reportedly launch attacks on South Korean crypto firms.

The North Korean hacking group Kimsuky used the new malware in a series of targeted attacks on at least two cryptocurrency firms so far, according to a May 9 threat report from cybersecurity firm Kaspersky.

This was done through a “persistent” attack by exploiting legitimate security software used exclusively by crypto firms in South Korea.

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Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’