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.

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UN 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.

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Massive 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.

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Crypto 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.

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