North Korea


Markets

Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group

Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.

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)

Policy

U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance

The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.

Elizabeth Rosenberg (Kevin Dietsch/Getty Images)

Videos

Dutch Prosecutors Now Have Access to Tornado Cash Developer's Computer

Dutch prosecutors investigating Tornado Cash developer Alexey Pertsev have recently gained access to his laptop and are now using the data to probe key features of the case, including whether he personally profited from the privacy service. Pertsev is awaiting trial on money laundering charges for contributing to Tornado Cash, which the U.S. Office of Foreign Assets Control says has been used to process funds for the North Korean missile program. "The Hash" panel discusses the latest from a controversial case dividing the crypto community.

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Policy

Norwegian Authorities Seize $5.9M From Crypto Game Axie Infinity Hack

The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.

Web crime

Finance

Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft

Tracing firm Elliptic said it followed the money through Tornado Cash.

(RyersonClark/Getty Images)

Policy

South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses

The government sanctions targeted four individuals and seven institutions – some with alleged ties to the elite North Korean hacking group Lazarus.

(Towfiqu Barbhuiya/Unsplash)

Finance

North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters

The estimated value of stolen crypto assets ranges to as high as $1 billion.

Flags fly in Pyongyang, North Korea (Micha Brandli/Unsplash)

Videos

North Korean Hackers Responsible For $100M Horizon Bridge Theft, FBI Says

A pair of North Korean hacker groups, Lazarus Group and APT38, were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement. "The Hash" panel discusses the latest in the world of crypto crime and regulation.

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Policy

FBI: North Korean Hackers Behind $100M Horizon Bridge Theft

Lazarus Group and APT38, both associated with North Korea, are responsible for the attack in June, the agency concluded.

(Brooks Kraft/Corbis via Getty Images)