News
Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group.
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North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
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AI threat detection and enhanced wallet management may save crypto firms from North Korean infiltrators, cybersecurity experts told Coinpectra.
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Binance co-founder warned about North Korean hackers after the white hat SEAL team uncovered the profiles and fake names of 60 impersonators.
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Learn how a North Korean group used 31 fake identities to infiltrate crypto firms and steal $680,000 from Favrr. Inside their tools, tactics and deception.
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AI company Anthropic warns its AI chatbot Claude is being used to perform large-scale cyberattacks, with ransoms exceeding $500,000 in some cases.
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Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.
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A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June.
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An Arizona woman was sentenced to 8.5 years for aiding DPRK hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains.
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The Tornado Cash co-founder’s legal team argued he “had nothing to do” with hackers using the crypto mixing service as his criminal trial kicked off.
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The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment.
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TRM Labs said North Korea is moving away from hacks to focus more on deception-based revenue generation, such as planting IT workers in US companies.
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Four North Koreans posed as remote developers for US and Serbian blockchain firms, stealing almost $1 million in crypto to fund the regime’s illicit programs.
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North Korean threat actors have been deploying malware through fake crypto job sites, targeting blockchain professionals to steal wallet credentials, Cisco Talos says.
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The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.
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The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea.
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