North Korea

Auto Added by WPeMatico

North Korean Hacking Groups Employ New Methods to Target Web3 Companies

by

North Korean hacking groups are developing new methods to target Web3 companies, including some aimed at infecting Apple systems. Additionally, the use of social engineering is becoming more prevalent in these attacks, highlighting the level of preparation involved in these operations. North Korean Hackers’ New Methods: Nim Malware and Clickfix Hackers groups from North Korea … Read more

US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme

by

North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at … Read more

Lazarus Group Launders $1.95M in Stolen Ethereum via Tornado Cash

by

Blockchain investigator ZachXBT has identified hackers tied to North Korea’s Lazarus Group laundering $1.95 million worth of stolen crypto through the mixer Tornado Cash. North Korea’s Hackers Use Tornado Cash to Obfuscate the Trail of $1.95M Ethereum The theft originated from a May 16, 2025, attack where a victim lost $3.2 million from multiple Solana … Read more

DOJ Seizes $7.74M in Crypto Tied to North Korean Tech Ring

by

North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture complaint seeking to … Read more

El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction

by

Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks Pyongyang, claiming the title of the fourth-largest sovereign bitcoin holder. … Read more

Lazarus Group’s Liquidation Spree Drops North Korea Below Bhutan in BTC Holdings

by

After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy of … Read more

North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers

by

North Korean cyber operatives reportedly established two fake U.S. businesses using false identities to bypass Treasury sanctions and target cryptocurrency developers with malware. Hackers Target Unsuspecting Job Applicants North Korean cyber operatives reportedly set up two fraudulent businesses in the United States, evading Treasury sanctions to infect cryptocurrency developers with malware. The entities, Blocknovas LLC … Read more

Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts

by

Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred … Read more