2023-6-13 11:16 |
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic.
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Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.
2023-6-7 01:48 | |
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According to blockchain analysis firm Elliptic, stolen assets from the latest Atomic Wallet hack have been moved through a mixing service. While mixers and blenders aim to provide privacy for legitimate crypto users, they are also commonly abused by hackers and scammers to hide stolen funds.
2023-6-7 01:00 | |
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Japan has emerged with the highest losses worldwide from North Korean cyberattacks targeting crypto exchanges, as recent reports indicate that Japan’s financial institutions and individuals incurred approximately 30% of the total losses attributed to North Korean crypto hacking.
2023-5-16 18:40 | |
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Lazarus Group is accused of behind the $625 million Ronin Bridge exploit, blockchain analytics firm Elliptic also traced the $100 million Horizon Bridge hack back to Lazarus in June.
2022-10-17 10:40 | |
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The Lazarus Group – a North Korean hacking group believed to be supported by the Kim regime – is likely behind last week’s hack of Harmony Bridge, according to new analysis by blockchain research firm Elliptic.
2022-6-30 02:22 | |
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A Chinese trader helped the North Korea-linked hacker Lazarus Group launder millions of dollars’ worth of stolen cryptocurrencies. Blockchain investigator ZachXBT revealed in a post on X on Oct. 23 that Yicong Wang, a Chinese over-the-counter trader who operated under…
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges "are going to be crucial," as it remains open to "everything that is possible to help solve this situation."
ALEX Lab, a Bitcoin DeFi application, has linked its recent exploit to the notorious North Korea-backed Lazarus Group. Last month, ALEX Lab suffered a significant security breach that resulted in the loss of over $4 million worth of various tokens after attackers gained access to the private key controlling its XLink bridge.
Quick Take On June 24, Bitcoin experienced a significant price drop, breaking below the $60,000 mark and hitting a low of approximately $58,500. This decline led to a substantial realized loss of over $500 million, with data from Glassnode pinpointing the loss at $537 million.
The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country's projects, the report said.
In a new report, Estonia’s preeminent crypto payment and personal wallet provider, CoinsPaid, has revealed the intricate workings of a hacking incident that led to a colossal loss of $37 million. This audacious breach was reportedly the culmination of a six-month saga marked by calculated maneuvers and sophisticated tactics, orchestrated by none other than the notorious Lazarus Group.
Cryptocurrency processing platform CoinsPaid has resumed operations after suffering a significant hack last week. The event, which occurred on July 22, forced the platform to put a hold on its operations for four days.