north korea

US Seeks Forfeiture of .7M in Crypto Linked to North Korean IT Workers

US Seeks Forfeiture of $7.7M in Crypto Linked to North Korean IT Workers

Leave a Comment / bitcoin market, crypto, Crypto Fraud, Crypto Market, Crypto News, Cyber crime, north korea, US and Crypto /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States Department of Justice (DOJ) has filed a civil forfeiture complaint seeking to seize approximately $7.74 million in cryptocurrency allegedly connected to a scheme involving North Korean IT workers. According to a June 5 press release from the DOJ, the […]

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BitMEX Uncovers Security Flaws in North Korea’s Lazarus Group Operations

BitMEX Uncovers Security Flaws in North Korea’s Lazarus Group Operations

Leave a Comment / Altcoin News, BitMEX, Lazarus Group, north korea /

Key Takeaways: BitMEX uncovered major security flaws in North Korea’s Lazarus Group. A rare IP leak exposed a hacker’s location in China. G7 leaders plan to address North Korea’s growing crypto thefts at their upcoming summit. BitMEX’s security team has exposed significant operational weaknesses within the Lazarus Group, the North Korean state-sponsored cybercrime network responsible

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El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction

El Salvador Overtakes North Korea in Bitcoin Holdings After Lazarus Group’s Reduction

Leave a Comment / Bitcoin (BTC), El Salvador, News, north korea /

Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks Pyongyang, claiming the title of the fourth-largest sovereign bitcoin holder.

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G7 May Address North Korea’s Crypto Thefts at June Summit

G7 May Address North Korea’s Crypto Thefts at June Summit

Leave a Comment / Altcoin News, Hack, Market, north korea /

Leaders of the Group of Seven (G7) are expected to raise the issue of North Korea’s growing cyberattacks and cryptocurrency thefts at their upcoming summit in Canada next month, according to sources familiar with the agenda. While global conflicts in Ukraine and Gaza are anticipated to dominate the discussions, Bloomberg reported on May 7 that

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Crypto Exchange Kraken Uncovers North Korean Espionage Plot

Crypto Exchange Kraken Uncovers North Korean Espionage Plot

Leave a Comment / crypto, Crypto News, Cryptocurrency News, Kraken, north korea /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto exchange Kraken’s latest security disclosure reads less like a corporate blog post than a field report from the front lines of modern cyber-warfare. Published on 1 May 2025 under the blunt title “How we identified a North Korean hacker who tried

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Kraken achieves revenue boost in Q1 2025 but faces North Korean hacking scare

Kraken achieves revenue boost in Q1 2025 but faces North Korean hacking scare

Leave a Comment / Exchanges, Kraken, north korea, TradFi, Trading /

Kraken started 2025 on a high note, reporting a 19% increase in revenue year-over-year to $472 million for the first quarter. The May 1 earnings statement also highlighted a 1% quarter-over-quarter rise in adjusted EBITDA, reaching $187 million. Meanwhile, the company’s performance indicators showed similar momentum. The firm noted that its total trading volume rose

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US targets Huione Group in crackdown on billion crypto laundering network

US targets Huione Group in crackdown on $4 billion crypto laundering network

Leave a Comment / Huione, north korea, Regulation, Trading, US /

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed banning Cambodia’s Huione Group from accessing the American financial system, according to a May 1 statement. If approved, the proposed rule would prohibit US financial institutions from opening or maintaining accounts for Huione Group or any of its subsidiaries. US authorities identified Huione Group as

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Monero Price Jumps 50% Amid ‘Suspicious’ 0M BTC Transfer

Monero Price Jumps 50% Amid ‘Suspicious’ $330M BTC Transfer

Leave a Comment / Bitcoin, BTC, bybit hack, crypto sleuth, crypto theft, Cryptocurrency Market News, ETH, Ethereum, Lazarus Group, monero, Monero Price Analysis, north korea, XMR, xmrusdt, zachxbt /

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