North Korean hacker group allegedly behind $625M Ronin attack

North Korean hacker group allegedly behind $625M Ronin attack
фото показано с : invezz.com

2022-4-15 23:44

North Korea-based hacker the Lazarus Group is allegedly the attacker that stole $625 million from the Axie Infinity Ronin Bridge, according to new details from US officials.

The Office of Foreign Assets Control (FDAC), on Thursday, updated its Specially Designated Nationals and Blocked Person’s List (SDN). On it, the FDAC sanctioned the Lazarus Group, with the hackers linked to an “identifier” address connected to the attack.

According to blockchain analytics firm Chainalysis, the Ethereum address received the funds stolen from the Ronin Bridge.

Updates to OFAC’s SDN designation for Lazarus Group confirm that the North Korean cybercriminal group was behind the March hack of Ronin Bridge, in which over $600 million worth of ETH and USDC was stolen.”

On March 23, Axie Infinity creator Sky Mavis announced that an exploit on the Ronin Network had led to the loss of 173,600 ETH and $25.5 million in USDC. The heist is one of crypto’s biggest.

Sky Mavis has pledged to reimburse Axie Infinity players and recently raised over $150 million from Binance and others towards that cause.

The post North Korean hacker group allegedly behind $625M Ronin attack appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

North Korean Won (KPW) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 KPW

north allegedly ronin group hacker office thursday

north allegedly → Результатов: 43


Фото:

Notorious Hacker Group Lazarus Is Targeting The Cryptocurrency Industry Via LinkedIn – Warns Security Firm

Blockchain and cryptocurrency professionals on LinkedIn are under a new phishing threat that’s targeting them disguised as crypto-related job offers advertised on the platform. A new report by Finland-based Cyber Security Firm F-secure has linked the attack to one of the most infamous and allegedly State-backed North Korean hacking group, Lazarus, which targets organizations globally […]

2020-8-26 15:56


Фото:

3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet

On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions […] The post 3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet appeared first on Bitcoin News.

2020-5-7 01:05


Ethereum Researcher to be released from jail after getting new legal representation

Virgil Griffith, the head of Ethereum’s special projects division, will be released from jail after his bond is posted, his legal representative said. Griffith was arrested last week for participating in a conference in North Korea, where he allegedly taught the audience how to leverage blockchain technology to evade sanctions.

2019-12-4 20:38


Vitalik Buterin Advocates to Free Ethereum Researcher Charged for Aiding North Korea

Vitalik Buterin is advocating to free Virgil Griffith, an Ethereum Foundation researcher arrested days ago for allegedly aiding North Korea evade sanctions using blockchain. “I refuse to take the convenient path of throwing Virgil under the bus,” said Ethereum co-founder Vitalik Buterin on Twitter, “because I firmly believe that that would be wrong.

2019-12-3 10:59


Фото:

Ethereum Foundation Researcher Arrested by FBI for Allegedly Helping North Korea Evade U.S. Sanction

Virgil Griffith, a research scientist with the Ethereum Foundation and citizen of the United States, has been arrested under the International Emergency Economic Powers Act in line with the accusation that Griffith helped North Korea understand how they can use cryptocurrency to evade United States economic sanctions on their country.

2019-11-30 10:00


Фото:

U.S. Treasury Sanctions Notorious North Korean Hacking Groups 

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed strict sanctions on “Lazarus,” “Bluenoroff,” and “Andariel,” three North Korean state-run hacking groups that have allegedly hacked several bitcoin trading venues, banks and other financial institutions, in an effort to fund the region’s nuclear weapons and ballistic missile programs, reportsRead MoreRead More.

2019-9-16 17:00


UN Accuses North Korea Of Being Responsible for Cyberattacks in 17 Countries

The United Nations have recently accused South Korean hackers and the government of being responsible for carrying out 35 cyberattacks. According to the UN, 17 countries were affected by the attacks, which were allegedly orchestrated in order to fund the development of mass destruction weapons. Now, a new report has been published and they claim […]

2019-8-13 22:10


Фото:

Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.

2019-1-23 00:57