North Korea (DPRK) | ForkLog

ForkLog 13 30.04.2024

US Senators Voice Concerns Over USDT’s Role in Sanctions Evasion

On April 28, US Senators Elizabeth Warren and Roger Marshall sent a letter to the Treasury, the Department of Defense, and the White House, expressing concerns about the use of cryptocurrencies to evade sanctions. This was reported by the Wall Street Journal. The authors posed several specific questions regarding USDT transactions conducted by Russia, Iran, […]

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ForkLog 31 29.04.2024

Lazarus Group Launders $200 Million from 25 Crypto Attacks, Report Reveals

On-chain researcher ZachXBT tracked the movement of $200 million stolen by the Lazarus Group hackers in 25 cyberattacks from August 2020 to October 2023. Lazarus Group hacks in 2020–2023. Data: TRM Labs. 2020: CoinBerry, Unibright, and CoinMetro Hacks In August, the perpetrators withdrew $370,000 from the hot Bitcoin and Ethereum wallets of the Canadian crypto […]

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ForkLog 9 29.04.2024

Lazarus Group’s Deceptive Investor Profile Targets DeFi Sector

North Korean hackers from the Lazarus Group have crafted a fake LinkedIn profile of an investment firm employee to launch cyberattacks on DeFi projects. This was reported by SlowMist’s Chief Information Security Officer, known as 23pds. ?Watch out for the #Lazarus ??? attack on the fake Fenbushi Capital on linkedin! @fenbushi @SlowMist_Team @boshen1011 @VitalikButerin ? […]

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ForkLog 14 21.03.2024

UN: Cyberattacks Account for Half of North Korea’s Foreign Currency Income

Approximately half of North Korea’s foreign currency income is derived from cyberattacks, including those targeting cryptocurrency companies, according to a report by the Yonhap citing the UN Security Council. The organisation estimates that between 2017 and 2023, North Korean hackers inflicted damage equivalent to $3 billion. These funds were subsequently used to finance the development […]

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ForkLog 10 19.02.2024

North Korean Hackers Employ AI in Cyber Schemes, Reports Say

Hackers linked to North Korea are increasingly turning to artificial intelligence to execute fraudulent schemes and hacks, according to the Financial Times. A South Korean intelligence representative told the publication that perpetrators from the neighboring country are using generative AI to deceive and compromise security personnel. In 2023, out of 1.62 million hacking attempts against […]

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ForkLog 11 15.02.2024

North Korean Hackers Turn to YoMix After Sinbad Sanctions

The North Korean hacking group Lazarus Group has increasingly turned to the cryptocurrency mixer YoMix following sanctions imposed on the Sinbad service, according to the analytics firm Chainalysis. They discovered that in 2023, the inflow of funds to YoMix increased fivefold, with about a third of the assets originating from wallets linked to cryptocurrency platform […]

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ForkLog 6 25.01.2024

North Korean Hackers’ Crypto Heists Yield Lower Profits

In 2023, North Korean hackers stole approximately $1 billion in cryptocurrencies through 20 breaches, compared to $1.7 billion from 15 cyber incidents in 2022, according to Chainalysis. In 2023, we estimate that the total amount of crypto stolen by North Korea-affiliated hackers is slightly over $1 billion, and the number of hacks rose to 20. […]

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ForkLog 10 05.01.2024

North Korean Hackers Stole $600 Million in 2023

Over the past year, hackers linked to North Korea have stolen at least $600 million and are responsible for nearly a third of cyber incidents, according to a report by TRM Labs. Analysts suggest the total could rise if North Korean involvement in the hack of the cross-chain bridge Orbit Bridge on the last day […]

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ForkLog 11 04.12.2023

Report: North Korean hackers stole $3 billion in cryptocurrency over six years

Since 2017, North Korean hackers have stolen an estimated $3 billion in digital assets, with $1.7 billion attributed to the most recent year. Analysts at Recorded Future estimate.

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ForkLog 12 30.11.2023

Bitcoin mixer Sinbad.io sanctioned by the United States after server seizures

On November 29, OFAC added the cryptocurrency-mixing service Sinbad.io to the sanctions list for laundering assets of the North Korean Lazarus group.

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ForkLog 14 25.09.2023

Lazarus Group wallets hold Bitcoin worth $42.5 million, analysts say

North Korean hackers from the Lazarus Group own cryptocurrencies worth at least $47 million.

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ForkLog 16 15.09.2023

A third of crypto stolen by North Korea-linked hackers was taken in two attacks

As of September 14, North Korean cybercriminals had stolen $340.4 million, a third of which came from just two attacks.

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