Federal prosecutors have secured eight convictions in five months against Americans who helped North Korean IT workers infiltrate US companies. Matthew Isaac Knoot of Nashville and Erick Ntekereze Prince of New York were sentenced in separate courts in May for…
In a significant development, the Ethereum Foundation has revealed details of a funded initiative that successfully identified around 100 individuals linked to North Korea who had quietly embedded themselves inside Web3 organizations using fabricated identities. The disclosure came through a…
Key Takeaways Two U.S.-based companies allegedly set up by North Korean operatives have been linked to a cyber campaign aimed at stealing sensitive data from cryptocurrency developers, according to findings shared by cybersecurity firm Silent Push. Reportedly, the entities, Blocknovas…
Key Takeaways North Korean hackers have significantly ramped up their crypto theft activities in 2024, as per a report from blockchain analytics firm Chainalysis. In total, North Korean-affiliated hackers stole an estimated $1.34 billion in digital assets across 47 incidents,…
Key Takeaways South Korean authorities have officially confirmed that North Korean hacker groups Lazarus and Andariel were responsible for the 2019 hack of South Korea-based crypto exchange Upbit. The National Office of Investigation announced on November 21 that the hack,…
Key Takeaways A North Korean hacking group, linked to the state-backed BlueNoroff operation, has launched a new cyber campaign targeting cryptocurrency firms, according to a recent report by SentinelOne. Dubbed Hidden Risk, this attack uses a multi-stage malware designed to…
Key Takeaways Delta Prime, a decentralized finance (DeFi) platform, has lost over $5.9 million following a cyberattack on September 16. The attack occurred after a hacker gained control of a private key, allowing them to manipulate the platform’s contracts and…
Key Takeaways Former Ethereum Developer Virgil Griffith is seeking a reduction in his prison sentence. Griffith was convicted in April 2022 for violating US sanctions by attending a Pyongyang conference and giving a presentation on blockchain technology. Virgil Griffith was…
Key Takeaways An independent panel of United Nations sanctions monitors is actively investigating North Korea’s suspected involvement in cyberattacks targeting cryptocurrency firms, amounting to a staggering $3 billion. According to a Reuters report, the monitors have accused the Democratic People’s…
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