North Korea
Munchables recovers $62.5 million in user funds after exploit linked to North Korean hacker
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Rumors Swirl As North Korea’s ETH Transfer To BlackRock Via Tornado Cash Sparks Speculation | Bitcoinist.com
Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual currency mixer Tornado Cash.
Read moreUN Reveals: 50% Of North Korea’s Foreign Earnings From Crypto Attacks And Cyber Heists
In recent findings, an investigation by the United Nations has illuminated the extent to which North Korea has leveraged cyber activities such as crypto hacks to “bolster” its economy and further its weapons development programs.
Read moreNorth Korean hackers have stolen $3B in crypto to bankroll weapons program — UN Security Council
A UN report reveals that North Korean hackers have stolen over $3B in crypto to fund the DPRK’s weapons programs.
Read moreMassive Ethereum Laundering Operation: North Korean Hackers Exploit Tornado Cash For $12M | Bitcoinist.com
In a recent development, North Korean hackers associated with the notorious Lazarus Group have exploited the coin-mixing service Tornado Cash to launder approximately $12 million worth of stolen Ethereum (ETH) within the past 24 hours.
Read moreHackers like Lazarus continue to use Tornado Cash despite US sanctions
Blockchain analytics firm Elliptic revealed that the North Korea-backed hacker group Lazarus is once again using sanctioned crypto mixer Tornado Cash to obfuscate its transactions.
Read moreCrypto money laundering drops nearly 30% in 2023 as cyber criminals change tactics
Crypto money laundering experienced a significant decline of 29.5% in 2023 compared to the previous year, primarily due to a decrease in overall crypto transaction volume.
According to a Chainalysis report, illicit addresses moved approximately $22.