South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South Korea’s leading crypto exchanges, first…
Police in India have reportedly taken a suspect into custody in connection with the high-profile attack on the WazirX crypto exchange. The individual’s capture comes almost four months after the incident, which resulted in the loss of more than $230 million worth of crypto, was first reported. Two Suspects Identified According to local news sources,…
November 7, 2024 at 02:40 PM GST updated: November 7, 2024 at 02:14 PM 2 mins read News WazirX launches DEX to boost user security after a $235M hack, addressing centralized exchange concerns. July hack prompts WazirX to restore user funds, responding to backlash over socializing losses with clients. WazirX’s new DEX reflects a shift…
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw Kaspersky Labs security analysts Boris…
October 24, 2024 at 09:50 AM GST updated: October 24, 2024 at 09:53 AM 2 mins read News Yicong Wang, using multiple aliases, allegedly helped launder tens of millions in stolen crypto tied to the Lazarus Group. Transactions linked to Wang show connections to major hacks, including Alex Labs and EasyFi, raising serious legal concerns….
Blockchain investigator ZachXBT has uncovered the identity of a Chinese over-the-counter (OTC) trader accused of aiding the North Korea-affiliated Lazarus Group in laundering stolen crypto. The trader, identified as Yicong Wang, has reportedly helped the group convert tens of millions of dollars in crypto from various hacks into cash through bank transfers since 2022, according…
North Korean coders have penetrated at least 25 cryptocurrency projects. The Lazarus Group was the subject of several September FBI warnings. The United States government initiated the seizure of nearly $2.67 million worth of digital assets taken by the North Korean Lazarus Group of hackers on October 4th via the filing of two formal complaints….
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Recent forfeiture actions by the US Attorney for the District of Columbia have revealed new insights into how North Korean hackers launder stolen cryptocurrency. The US government is now seeking to recover about $2.67 million in crypto linked to two major hacks orchestrated by the Lazarus Group, a hacking…
October 7, 2024 at 11:50 AM GST updated: October 7, 2024 at 10:51 AM 2 mins read News The U.S. government is seizing $2.67 million linked to North Korean hackers’ laundering schemes using Tornado Cash. Lazarus Group’s hacks include a $28 million theft from Deribit and a $41 million attack on Stake.com, highlighting ongoing threats….
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent Threat 38 (APT38). These cyber hacking syndicates are known for their operations to fund…
September 27, 2024 at 01:30 PM GST updated: September 27, 2024 at 12:13 PM 2 mins read News Roman Storm’s trial for Tornado Cash-related money laundering will begin on December 2 in New York. A federal judge rejected Storm’s defense that Tornado Cash development was protected by the First Amendment. Hackers recently laundered $27M and…
Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm believes a North Korea-linked hacking group, Lazarus Group,…
Tether, Circle, Paxos, and Techteryx, four of the leading stablecoin issuers, have identified and frozen wallets associated with the Lazarus group, a North Korean hacking group. These wallets containing millions of cryptocurrencies are believed to be involved in laundering of funds from various cryptocurrency thefts. The multiple cyber crime incidents orchestrated by the Lazarus Group…
Indonesian crypto exchange Indodax has reportedly suffered a $20.5 million exploit, according to blockchain security firm Cyvers. The losses were spread across multiple chains, including a $1.4 million loss in Bitcoin and a $5 million theft on the TRON and Polygon networks. Other impacted blockchains were Optimism and Ethereum, which had over $14 million in…
Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows…
The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. In a Sept. 5 message to CryptoSlate, Cyvers reported that the hacker had begun moving assets the previous day. So far,…
September 4, 2024 at 09:58 AM GST 2 mins read News The FBI warns of rising North Korean cyberattacks targeting DeFi, cryptocurrency firms, and ETFs using sophisticated social engineering. North Korean hackers impersonate legitimate entities, using detailed reconnaissance to craft highly convincing phishing attacks on crypto firms. Recent breaches, including the $235M WazirX hack, highlight…