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North Korean Lazarus hacker group using LinkedIn to target and steal assets: Report

Lazarus group first surfaced in 2009, and since then, it has primarily targeted crypto firms, stealing billions of dollars worth of assets.

North Korean hacker group Lazarus is using LinkedIn to target vulnerable users and steal their assets via targeted malware attacks.

The incident came to light after blockchain security analytics firm SlowMist revealed that Lazarus group hackers are pretending to look for jobs as blockchain developers in the cryptocurrency industry through LinkedIn.

SlowMist claimed hackers steal confidential employee credentials after inviting access to their repository to run relevant code. The code snippets the hacker runs contain malicious code that steals confidential information and assets.

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Former Ethereum dev Virgil Griffith asks for resentencing in North Korea case

Griffith’s attorneys are asking for a sentence reduction from 63 months to 51 months or less.

Former Ethereum developer Virgil Griffith, who was handed a 63-month prison term in 2022 for assisting North Korea in using blockchain technology, has requested a sentence reduction. 

The plea was made in a letter from Glen Garrett McGorty, an attorney representing Virgil Griffith, to Judge Kevin Castel of the United States District Court for the Southern District of New York on April 17.

The letter requests that the court revise Griffith’s sentence based on newly enacted revisions to U.S. sentencing guidelines, which provide a two-point offense level reduction for certain “zero-point” offenders.

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Wormhole’s W token goes live on EVM chains

Railgun denies being used by North Korea as it nears $1B total volume

Privacy protocol Railgun, which security analysts have labeled a “prime alternative” to Tornado Cash, denied U.S.-sanctioned entities are using it.

Crypto privacy protocol Railgun has denied being used by North Korea and other United States-sanctioned entities to launder cryptocurrency, arguing its zero knowledge-based tech prevents this and the accusations have “no evidence.”

It comes as the Railgun platform’s total volume nears the $1 billion mark, boosted by a recent X post from Ethereum co-founder Vitalik Buterin praising and defending the privacy protocol.

Railgun, founded in January 2021, uses zero-knowledge (ZK) cryptography to shield wallet balances, transaction history and transaction details allowing users to use decentralized apps (DApps) on Ethereum or other supported chains while remaining private.

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Wormhole’s W token goes live on EVM chains

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency IncomeA report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023 alone, and details several […]

Wormhole’s W token goes live on EVM chains

Ethereum-Based Gaming Altcoin Leaps After Coinbase Listing Announcement

Ethereum-Based Gaming Altcoin Leaps After Coinbase Listing Announcement

An Ethereum (ETH)-based gaming altcoin is skyrocketing after being abruptly listed by Coinbase, the top US-based crypto exchange platform by volume. In a new announcement, Coinbase says that starting on March 21st, it will be adding support for Ronin (RON), a protocol developed by play-to-earn blockchain game developer Sky Mavis, the same team that created […]

The post Ethereum-Based Gaming Altcoin Leaps After Coinbase Listing Announcement appeared first on The Daily Hodl.

Wormhole’s W token goes live on EVM chains

Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis

Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis

Cybercriminals are turning to cross-chain bridges to move illicit funds, according to market intelligence platform Chainalysis. Cross-chain bridges enable users to transfer crypto assets from one blockchain to another. In a new report, Chainalysis says the amount of crypto that bridge protocols received from illicit addresses increased from just $312.2 million in 2022 to $743.8 […]

The post Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis appeared first on The Daily Hodl.

Wormhole’s W token goes live on EVM chains

North Korean Hackers Stole Over $600,000,000 Worth of Crypto in 2023, According to Blockchain Analytics Firm

North Korean Hackers Stole Over 0,000,000 Worth of Crypto in 2023, According to Blockchain Analytics Firm

New data from blockchain intelligence firm TRM Labs reveals that North Korean hackers stole over half a billion dollars worth of digital assets in 2023. According to a new study by the crypto analytics platform, hackers associated with the Democratic People’s Republic of North Korea (DPRK) looted $600 million worth of crypto assets last year. […]

The post North Korean Hackers Stole Over $600,000,000 Worth of Crypto in 2023, According to Blockchain Analytics Firm appeared first on The Daily Hodl.

Wormhole’s W token goes live on EVM chains

Atomic Wallet Launches $1,000,000 Bug Bounty Program Months After Suffering Multi-Million Dollar Hack

Atomic Wallet Launches ,000,000 Bug Bounty Program Months After Suffering Multi-Million Dollar Hack

Atomic Wallet is beefing up the security of its platform through a new initiative that will give monetary awards to those who discover potential vulnerabilities in its app. In a new statement, the decentralized wallet company says it is launching a bug bounty program with a cumulative prize pool of $1 million months after suffering […]

The post Atomic Wallet Launches $1,000,000 Bug Bounty Program Months After Suffering Multi-Million Dollar Hack appeared first on The Daily Hodl.

Wormhole’s W token goes live on EVM chains