North Korean hackers are creating their own meme coins to move stolen stash from the Binance hack, according to blockchain analytics firm Elliptic. The attackers are using newly launched tokens and decentralized exchange liquidity pools to move funds between wallets without making direct transfers. Binance Laundering Tactic Elliptic flagged the activity on Tron and NEAR, […]
The US Treasury has sanctioned 10 individuals and one entity for allegedly helping North Korean IT workers earn money through fraudulent employment at legitimate businesses and convert cryptocurrency into cash. The action targeted financial intermediaries in a network that generates hundreds of millions of dollars annually for Pyongyang. How the Cash-Out Chain Worked According to […]
North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent years. But the isolated nation’s foreign ministry denies involvement in global cyber fraud. DPRK Slams “Reptile Media” In an official statement, a spokesperson from the regime’s Foreign Ministry called the accusations unfounded and politically motivated by the United […]
April 2026 turned out to be an unusual month for the crypto market. While overall activity remained steady on the surface against significant geopolitical turmoil, the space saw a series of exploits that shook investor confidence. The leading blockchain security firm, CertiK, reported that crypto-related exploits and incidents in April 2026 resulted in total losses […]
A large batch of leaked internal data has revealed that North Korean IT workers generated over $3.5 million in cryptocurrency in recent months through a coordinated operation involving fake developer identities and structured payment systems, according to blockchain investigator ZachXBT. The information surfaced after an unnamed hacker compromised one of the workers’ devices, exposing records […]
Cybersecurity researcher Taylor Monahan has claimed that North Korea-linked IT workers have been operating within the decentralized finance ecosystem for years. Monahan stated that these actors have contributed to many well-known protocols during the “DeFi summer” era of 2020. According to her latest tweet, the years of blockchain development experience listed on their resumes were […]
Bitrefill disclosed that it was targeted in a cyberattack on March 1, which resulted in the theft of cryptocurrency funds, and said its investigation found multiple indicators linking the incident to tactics used by the DPRK-associated Lazarus/Bluenoroff group. The company stated that similarities in the attackers’ methods, malware, on-chain tracing patterns, and the reuse of […]
Cybersecurity firm, Security Alliance (SEAL), said it is tracking multiple daily attempts by North Korean-linked threat actors using so-called “fake Zoom” or “fake Teams” meetings to distribute malware and expand access to new victims. The non-profit reshared a detailed warning from security researcher Taylor Monahan outlining how the attacks unfold and the scale of losses […]
A new report by the Multilateral Sanctions Monitoring Team (MSMT) shows that North Korean hackers stole $2.83 billion in cryptocurrency between January 2024 and September 2025. This figure accounts for nearly one-third of the country’s total foreign currency income in 2024. Bybit Exploit Was the Largest Contributor The MSMT, a coalition of 11 countries formed […]
Binance founder Changpeng Zhao (CZ) has issued a warning to crypto projects about North Korean hackers. He detailed how the group is using increasingly sophisticated tactics to gain access to companies. Operatives Are Exploiting Hiring Process CZ shared his concerns via a September 18 X post, describing the hackers as “advanced, creative, and patient.” He […]
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