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North Korean Hackers Exploit U.S. Shell Firms to Target Crypto Developers In a sophisticated cyber-espionage campaign, North Korea’s Lazarus Group has established three shell companies—BlockNovas LLC, SoftGlide LLC, and Angeloper Agency—to distribute malware targeting cryptocurrency developers. Two of these entities, BlockNovas and SoftGlide, were legally registered in the United States using falsified documentation, in violation of international sanctions. The campaign, dubbed "Contagious Interview" by cybersecuri... Coinatory news

North Korean Hackers Stole $1.6B in Crypto in 2024 According to Chainalysis, North Korean cybercrime activities hit previously unheard-of heights in 2024, with state-affiliated hackers stealing $1.6 billion in cryptocurrencies. The regime's reliance on cybercrime to finance official operations, particularly the development of weapons, is further cemented by this sharp increase from $660.5 million in 2023. North Korea was responsible for an astounding 61% of the $2.2 billion that was stolen fr... crypto news

US Sanctions North Korean Crypto Laundering Network in UAE Sanctions have been placed on a cryptocurrency money-laundering network that is reportedly transferring millions of dollars to North Korea's nuclear programs by the Office of Foreign Assets Control (OFAC) of the U.S. Treasury. Green Alpine Trading LLC, a front business situated in the United Arab Emirates (UAE), and two people, Lu Huaying and Zhang Jian, are the targets of the actions. A U.S. government statement claims that the network enabl... Coinatory cryptocurrencies news

North Korean Hackers Exploit Chromium Flaw to Target Crypto Firms North Korean hacking group Citrine Sleet has exploited a significant zero-day vulnerability in the Chromium browser to attack cryptocurrency financial institutions, according to Microsoft. The group employed a sophisticated strategy by creating fake cryptocurrency trading platforms, tricking victims into downloading malicious software like the AppleJeus trojan, designed to siphon off digital assets. The vulnerability, identified as CVE-2024-7... Coinatory crypto news

North Korean IT Workers Linked to $1.3M Crypto Theft: ZachXBT Exposes Scheme Recent findings by cybersecurity expert ZachXBT have uncovered a sophisticated theft and laundering scheme involving North Korean IT workers posing as crypto developers. The operation, which led to the theft of $1.3 million from a project's treasury, has exposed a network of over 25 compromised crypto projects active since June 2024. ZachXBT’s investigation points to a single entity, likely operating out of North Korea, that has been receivin... cryptonews today

According to a report published by the South Korean State Development Bank of Korea (KDB), which finances and manages large industrial facilities in the south of the country, Pyongyang has begun to search for blockchain and plans to create its own exchange platform. KDB said that Chosun Expo, a North Korean IT company, received government permission to develop a site for exchange. According to the report, Pyongyang is interested in research on technology blockchain, as cryptocurrencies can be "anonymous, hard-to-trace and easily ... Read more about " North Korea wants to join the world of cryptocurrency " on coinatory.com