North Korean hackers linked to the state’s notorious Lazarus Group have successfully set up shell companies within the United States to distribute malware to cryptocurrency developers, in a scheme that violates US sanctions and exposes major vulnerabilities in business registration systems. According to Reuters, cybersecurity firm Silent Push revealed that two companies—Blocknovas LLC in New […]
Privacy-focused cryptocurrency exchange eXch has confirmed it will officially terminate all operations effective May 1st, following escalating international scrutiny and mounting allegations of its role in laundering funds linked to the February Bybit hack. According to the team, the move comes after internal consensus among its leadership to “cease and retreat” rather than continue under […]
US authorities have made significant progress in combating cryptocurrency-related crime by seizing approximately $31 million linked to the 2021 Uranium Finance hack. The announcement was made by the US Attorney’s Office for the Southern District of New York (SDNY) and Homeland Security Investigations (HSI) in San Diego this week, nearly four years after the attack. […]
South Korea has intensified efforts to curb the illegal cyber operations of its northern neighbor, the Democratic People’s Republic of Korea (DPRK), which have escalated to alarming levels. These activities, which include cryptocurrency theft and IT-related foreign currency generation, are said to be funding Pyongyang’s nuclear and missile programs. Crypto Crimes Funding Military Developments In […]