North Korea

North Korean Hackers Allegedly Funnel Billions in Crypto to Advance Ballistic Missile Program

July 21, 2023. North Korean state-sponsored hackers are reportedly behind a series of cryptocurrency thefts, accumulating over $3 billion in the past five years. The illicit funds are suspected to be channeled into advancing the Democratic People’s Republic of Korea’s ballistic missile program. The hackers employ sophisticated tactics, including assuming false identities and exploiting security […]

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Orbit Chain Faces $86 Million Cryptocurrency Loss in Security Breach

January 2, 2024 Orbit Chain, a blockchain platform supporting interoperability between blockchains and decentralized applications, has suffered a security breach resulting in an $86 million loss in cryptocurrencies, including Ether, Dai, Tether, and USD Coin. The unauthorized transactions occurred on December 31, 2023, and have signs of sophisticated state-sponsored attackers, potentially linked to North Korea.

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Lazarus Group’s Cryptocurrency Thefts Reach $240 Million with CoinEx Heist

September 17, 2023. The Lazarus Group, affiliated with North Korea, has escalated its cryptocurrency theft activities, stealing nearly $240 million since June 2023. The group is suspected of being behind a $31 million digital asset theft from CoinEx on September 12, 2023, adding to its recent attacks on Atomic Wallet, CoinsPaid, Alphapo, and Stake.com. The

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FBI reports reveal that hackers from North Korea pilfered $41 million in cryptocurrency from an online casino to finance their nuclear program.

September 8, 2023. North Korean hackers, identified as the state-sponsored Lazarus Group, seized nearly $41 million in cryptocurrencies from the online casino and sports betting site Stake.com, prompting concerns that the funds may be directed toward enhancing the country’s nuclear weapons program. The FBI, which traced the hack to North Korea, noted that Lazarus Group

FBI reports reveal that hackers from North Korea pilfered $41 million in cryptocurrency from an online casino to finance their nuclear program. Read More »

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