Elliptic analysis reveals over $100M stolen from Atomic Wallet

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North Koreans reportedly targeting crypto jobs for insider access

Crypto thieves from North Korea are impersonating experts using fake resumes and identities, Bloomberg News reported Aug. 1. According to Bloomberg, interviews with cybersecurity experts showed that these fraudsters actively plagiarize information from legitimate profiles to apply for jobs on Indeed and LinkedIn. North Korean thieves targeting crypto jobs Cybersecurity company Mandiant reported that a…

North Korea’s Lazarus Group linked to $100M Harmony exploit

Notorious North Korean hacker group Lazarus is likely behind the recent exploit of Harmony horizon bridge, leading to the loss of $100 million, says Elliptics. In its report on the hack, the blockchain analytics firm said the strategies employed for the attack are similar to those used for the Ronin Bridge exploit a few months…

North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash

The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported. Bitcoin’s (BTC) recent crash to under $20,000 means the sanction-ridden country has accrued millions in unrealized losses on its illicit crypto funds. North Korea’s stolen…

US Federal agencies warn businesses against mistakenly hiring North Korean hackers

The Federal Bureau of Investigations (FBI) has alerted the general public and businesses against unwittingly hiring North Korean IT workers. In a joint statement released with the U.S. Department of Treasury and Department of State, the federal agency stated that doing so could result in sanctions from the UN and the U.S. and reputational damage….

Ex-Ethereum dev given 5 year sentence over helping North Korea evade sanctions

Former Ethereum Foundation developer Virgil Griffith was sentenced to 5 years in prison after pleading guilty to a one-count charge of conspiracy to violate the U.S. International Emergency Economic Powers Act, Bloomberg News reported. Ignored warning His offense was helping North Korea to evade sanctions by attending a 2019 blockchain and cryptocurrency conference in Pyongyang….