UN Report Claims North Korea Crypto Theft at All-Time High
A recent report by the UN sanctions monitors alleges that crypto theft in North Korea hit a total of $1 billion.
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A recent report by the UN sanctions monitors alleges that crypto theft in North Korea hit a total of $1 billion.
Harmony’s Horizon Bridge facilitates transfer between Harmony and the Ethereum network, Binance Chain and Bitcoin. The Lazarus hacking group exploited a system weakness on the multichain network, thus siphoning about $100 million.
The FBI in their report stated that they have helped victims by offering them decryption keys and thwarted ransom demands of $130 million in crypto.
The wallet linked to receiving money from the scam was hosted on the Binance exchange. According to a Binance Smart Chain scan shared by internet sleuth ZackXBT, the hackers were able to make off with 26.95 BNB tokens, which is about $8,200.
PayPal sent notifications to all the affected accounts asking them to change their passwords. PayPal said that there had been no breach in their systems.
The full scale of the impact on T-Mobile’s business is not yet clear. Besides, the company is unable to predict how the incident might change its customers’ behaviour.
Embattled crypto exchange FTX fingered a $415 million hack from November as part of assets recovered to pay off creditors.
Harmony hack perpetrators Lazarus Group recently moved $63.5 million in ETH, with Binance and Huobi recovering $2.5 million.
Alex, in their series of tweets, claims to have made a crucial mistake that enabled attackers to use their wallet.
As the team behind Nomad Bridge works on relaunching the platform, a fresh movement of 1200 ETH has been noticed from one of the wallet addresses linked to the hack.
Despite 2022 being the worst year for crypto attacks, December’s spate came in at the lowest, rendering it the least harmful month last year.
The PGP keys were reportedly compromised for the hacker to gain access to more than 200 Bitcoins lying in the developers wallet.
Kaspersky recently reported that a Lazarus affiliate might enhance its sophisticated malware attacks on crypto startups in 2023.
Eisenberg was arrested by the DOJ because the regulator believes no act of market manipulation can be justified by law.
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence.