Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company

December 19, 2024 The Daily Hodl

Daily Hodl

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) says it is dismantling North Korea’s digital asset money laundering network by taking action against individuals and entities involved in the operation. In a statement, the OFAC says it is sanctioning Chinese nationals Lu Huaying and Zhang Jian who worked for the network that used […]

The post Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company appeared first on The Daily Hodl.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Crypto Platforms Suffered $2,200,000,000 in Losses From Hacks in 2024 – But There’s a Catch: Chainalysis

December 19, 2024 The Daily Hodl

chainalysis

Leading blockchain data analysis firm Chainalysis says hackers stole over $2 billion from crypto platforms this year. Even more alarming, according to the Chainalysis report, stolen funds saw more than a 20% increase from 2023. “Crypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars […]

The post Crypto Platforms Suffered $2,200,000,000 in Losses From Hacks in 2024 – But There’s a Catch: Chainalysis appeared first on The Daily Hodl.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

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.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

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.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

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.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

North Korea Signals Closer BRICS Relations Amid Growing Russia Ties

September 25, 2024 Bitcoin.com

bitcoin.com

North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North Korea’s sanctions and economic constraints make membership unlikely. Recent […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Bitcoin ETF security concerns mount after FBI warns of North Korean hackers

September 11, 2024 Coin Telegraph

Bitcoin

North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians.

The United States Federal Bureau of Investigation announced on Sept. 3 that North Korean scammers and hackers were targeting firms associated with cryptocurrency-related exchange-traded funds (ETFs).

Despite the billions of dollars flowing into these crypto ETFs, investors may be too quick to assume their assets are fully secure.

North Korean hacker groups such as Lazarus Group are no strangers to the cryptocurrency industry and are suspected of committing a number of hacks against prominent exchanges and blockchain protocols.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

September 8, 2024 Bitcoin.com

20 government agencies

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused on North Korea’s cyber activities, including revenue generation through […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

North Korea Deploying ‘Highly Tailored, Difficult-To-Detect’ Tactics To Steal Crypto From Businesses: FBI

September 5, 2024 The Daily Hodl

crypto

North Korea has been running highly sophisticated social engineering schemes designed to crack the security measures of crypto and decentralized finance (DeFi) firms, according to the U.S. Federal Bureau of Investigation (FBI). A new FBI public service announcement indicates North Korean cyber criminals target specific employees at firms connected to crypto exchange-traded funds (ETFs). “Before […]

The post North Korea Deploying ‘Highly Tailored, Difficult-To-Detect’ Tactics To Steal Crypto From Businesses: FBI appeared first on The Daily Hodl.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

September 5, 2024 Bitcoin.com

bitcoin.com

The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware and steal digital assets. North Korean hackers are reportedly focusing on decentralized finance (defi) platforms and cryptocurrency exchange-traded funds (ETFs). FBI Warns of North Korean […]

north korea