A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack.
North Korea News
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While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds.
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The public advisory warned private firms to do their due diligence before hiring freelance workers, as North Koreans often use illicit tactics and stolen identities to hide their nationality.
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The crypto mixer is said to have processed $20.5 million out of the $620 million taken by North Korean Lazarus Group hackers.
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Joe Rogan noted that Bitcoin is like the “early internet,” and the “government is freaking out” about BTC in conversation with the MMA fighter Khalil Rountree.
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A Canadian journalist recounts the story of when he went to North Korea to participate in a crypto conference that was full of surprises.
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Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there.
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The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations.
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The cybersecurity agency believes that the threat from North Korean hackers will not go away unless crypto firms take necessary but simple steps to ensure their security.
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In this week’s DeFi newsletter, we look at the growing market of MetaMask, Polygon’s pledge to go carbon neutral, and more.
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Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea.
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Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyberattack in 2021.
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Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption.
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The plea deal ends a nearly two-year legal battle between Griffith and U.S. prosecutors tied to a presentation the developer gave in Pyongyang.
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Griffith will likely spend the next two months in jail before his trial in September.
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