To sever the financial lifeline fuelling North Korea's clandestine weapons programmes, South Korea is actively shaping legislation designed to freeze and trace the former’s crypto assets.
KikyoFrom Ronin to Atomic Wallet, North Korean hackers have attacked many crypto companies and institutions. But what lies behind the string of attacks?
ClementSecurity experts note a shift in strategy, as North Korea now targets multiple companies instead of one at a time.
BeincryptoThe Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities.
Others
Coinlive The recent crypto price rally is not the only thing going up; hackers from North Korea have also been upping their momentum in crypto cyber attacks with an attempt made just days ago.
CatherineNorth Korea-linked cybercrime syndicate Lazarus Group has reportedly transferred $63.4 million in Ethereum from 2022’s mammoth Harmony bridge hack, depositing it on Binance, Huobi, and OKX.
decryptNorth Korea seems to be using hacked funds to finance their new nuclear adventures.
OthersThe latest report from Chainalysis, a blockchain data analysis organization, shows that in 2022, DeFi will become the main target of the two major criminal activities of money laundering and hacking.
FtftxThe government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations.
Cointelegraph