North Korea

North Korea

Finance

SBI Crypto Reportedly Hit by $21M Hack With Suspected DPRK Links

SBI Crypto, a subsidiary of Japan’s SBI Group, has reportedly suffered a $21 million exploit with blockchain sleuths pointing to possible ties with North Korean hackers.

Lazarus Group, a cybercrime organization run by the North Korean government, may have links to this week's exploit of Euler Finance. (Micha Brandli/Unsplash)

CoinDesk Indices

Crypto is Bleeding Billions a Year. Traditional Finance Is Watching.

If the DeFi industry doesn’t adopt the security tools we've already built, then we will watch institutional capital deploy elsewhere while hackers fund their operations with our losses, writes Immunefi’s Mitchell Amador.

CoinDesk

Policy

DPRK-Linked Hacks Drive Potential Record Year for Crypto Thefts, Chainalysis Says

Hackers have already stolen $2.17 billion from crypto companies this year, more than was swindled throughout the entirety of 2024 — and it’s only July.

North Korean Leader Kim Jong-Un (Getty Images/Contributor)

Policy

U.S. Sanctions North Korean IT Workers Over 'Cyber Espionage,' Crypto Thefts

The U.S. Treasury Department added the employee of a North Korean hacking group to its blacklist over his role in getting IT workers jobs in other countries.

The U.S. Treasury Department is seeking public comment on the role of cryptocurrencies in illicit finance, and its own response to this issue. (Nikhilesh De/CoinDesk)

Markets

Crypto’s Worst Six Months Yet? North Korea Hacks Lead to $2.1B in Thefts

North Korea-linked attacks have resulted in over $1.6 billion in losses, a TRM Labs report released Friday said.

hacker

Tech

North Korean Hackers Are Targeting Top Crypto Firms With Malware Hidden in Job Applications

A DPRK-linked group is using fake job sites and Python malware to infiltrate Windows systems of blockchain professionals — with credential theft and remote access as the endgame.

(Shutterstock)

Policy

FBI Crypto Veteran Chris Wong Joins TRM Labs to Bolster Fight Against Illicit Finance

An ex-FBI agent who led landmark crypto investigations is joining TRM Labs’ team.

Christopher Wong. Credit: TRM Labs

Tech

North Korean Hackers Targeting Crypto Developers With U.S. Shell Firms

Illicitly downloaded programs can steal data, provide remote access to infected systems, and serve as entry points for additional spyware or ransomware.

North Korean flags waving in the wind.

Tech

The Protocol: EigenLayer Ready to Launch Missing Feature

Also: Bitcoin L2 SDKs; North Korea's THORChain Use; and Quantum-Resistant BTC

Quantum Computing Room

Markets

Google Warns Solana Projects That North Koreans Are Increasingly Targeting European Projects

The report reveals that one such worker juggled 12 fake personas across the U.S. and Europe and sought employment by fabricating references

South Korea investigates possible Lazarus involvement in the Upbit hack. (Image via Shutterstock)