The FBI said the North Korean government is “responsible” for the hack at crypto exchange Bybit, which resulted in the theft of more than $1.4 billion in Ethereum cryptocurrency. On Wednesday, the bureau released a public advisory, attributing the hack to a group known as TraderTraitor. Contact Us Do you have more information about the […]
FBI says North Korea ‘responsible’ for $1.4 billion Bybit heist Read More »
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty
Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds Read More »
On Friday, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, in what is the largest crypto heist of all time. After the hack, several blockchain monitoring firms, as well as the well-known crypto investigator ZachXBT, have all pointed to the North Korean government hacking group known as Lazarus Group as the
Researchers accuse North Korea of $1.4 billion Bybit crypto heist Read More »
U.S. authorities have indicted five people over their alleged involvement in a multi-year scheme that saw them obtain remote IT employment with dozens of American companies. The Department of Justice on Thursday announced the indictment of North Korean citizens Jin Sung-Il and Pak Jin-Song; Pedro Ernesto Alonso De Los Reyes of Mexico, and U.S. nationals
US indicts five individuals in crackdown on North Korea’s illicit IT workforce Read More »
North Korean-backed hackers stole at least $659 million through multiple cryptocurrency heists in 2024, while also deploying IT workers to infiltrate blockchain companies as insider threats, according to Japan, South Korea and the United States in a rare joint statement (PDF) on Tuesday. The announcement provided the first official confirmation that North Korea was behind
North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers Read More »
On Friday, the U.S. Department of Justice announced the indictments of Russian citizens Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, accusing them of operating services that helped criminals launder cryptocurrency. The three were allegedly involved in operating Bender.io and Sinbad.io, two cryptocurrency mixers “that served as safe havens for laundering criminally derived
Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%, reaching a substantial $2.2 billion. And according to a Chainalysis report released on Thursday, more than half of this amount was stolen by North Korea-affiliated hacking groups. Earlier this year,
North Korea-linked hackers accounted for 61% of all crypto stolen in 2024 Read More »
A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North Korean regime, according to security researchers. On Friday at Cyberwarcon, an annual conference in Washington DC focused on disruptive
A North Korean hacking group earlier in August exploited a previously unknown bug in Chrome to target organizations with the goal of stealing cryptocurrency, according to Microsoft. In a report published on Friday, the tech giant’s cybersecurity researchers said they first saw evidence of the hackers’ activities on August 19, and said the hackers were
North Korean hackers exploited Chrome zero-day to steal crypto Read More »
