2023-5-25 05:00 |
Following “lawfully served warrants,” Binance worked to flag the accounts and tie up the funds.
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Crypto exchange eXch has denied allegations that it was involved in laundering the funds stolen from Bybit, following claims from several sources. eXch has denied allegations of laundering funds stolen from Bybit.
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.