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Lazarus

A collection of 12 posts

South Korea's Largest Crypto Exchange Upbit Suffers $36 Million Hack

South Korea's Largest Crypto Exchange Upbit Suffers $36 Million Hack

South Korea’s leading cryptocurrency exchange Upbit disclosed a significant security breach on Thursday morning, with approximately 54 billion won, equivalent to around $36 million, drained from its Solana network holdings. The unauthorized transfers involved a mix of Solana-based assets, including SOL, USDC, and various smaller tokens, which were moved

US Treasury Targets Huione Group for Crypto Laundering and North Korean Hacker Ties

US Treasury Targets Huione Group for Crypto Laundering and North Korean Hacker Ties

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed a significant crackdown on Cambodia based Huione Group, accusing the conglomerate of laundering over $4 billion in illicit funds, including assets tied to North Korean hackers. The proposed rule, submitted under Section 311 of the Patriot Act,

How Kraken Exposed a Suspected North Korean Hacker Targeting Crypto

How Kraken Exposed a Suspected North Korean Hacker Targeting Crypto

In a striking example of vigilance in the crypto industry, Kraken, a leading crypto exchange, uncovered a sophisticated attempt by a suspected North Korean operative to infiltrate its operations. The incident, reported by CBS News, involved a man identified as Steven Smith, who applied for an IT position at Kraken.

North Korean Hackers Exploit U.S. Businesses to Target Crypto Developers

North Korean Hackers Exploit U.S. Businesses to Target Crypto Developers

Cybersecurity researchers have uncovered a sophisticated scheme by North Korean hackers who established fraudulent U.S.-based companies to deceive cryptocurrency developers and distribute malicious software. The operation, linked to the notorious Lazarus Group, represents a bold violation of U.S. Treasury sanctions and underscores the growing threat of state-sponsored

OKX Halts DEX Aggregator Amid Lazarus Group Misuse and EU Regulatory Pressure

OKX Halts DEX Aggregator Amid Lazarus Group Misuse and EU Regulatory Pressure

OKX, a prominent crypto exchange, has temporarily suspended its decentralized exchange (DEX) aggregator services. The decision, announced on Monday, comes in response to alleged misuse by the notorious Lazarus Group and mounting scrutiny from European Union regulators. This development follows reports that the aggregator was exploited to launder a portion

Thorchain Lead Developer Leaves as Vote to Block Hacker Funds Fails

Thorchain Lead Developer Leaves as Vote to Block Hacker Funds Fails

In a surprising turn of events, Thorchain core developer Pluto has announced his departure from the project following a contentious decision to reverse a vote aimed at blocking transactions linked to North Korean hackers. The move has stirred unrest within the decentralized protocol’s community, with a validator also threatening

FBI Issues Alert About North Korean Hackers in Relation to $1.5 Billion Bybit Hack

FBI Issues Alert About North Korean Hackers in Relation to $1.5 Billion Bybit Hack

The Federal Bureau of Investigation posted a new alert in relation to the Bybit hack. In the alert, North Korea has been fingered as the mastermind behind a staggering $1.5 billion heist targeting Bybit, a major cryptocurrency exchange. The theft, which took place around February 21, 2025, is being

How the North Korean Lazarus Group Hacked Crypto Exchange Bybit for $1.5 Billion

How the North Korean Lazarus Group Hacked Crypto Exchange Bybit for $1.5 Billion

In a stunning revelation, cybersecurity experts have unraveled the mystery behind the largest cryptocurrency hack in history, nearly a staggering $1.5 billion theft from the Bybit exchange. The culprits? North Korean hackers who exploited a trusted wallet provider called Safe, in a meticulously crafted attack. This breach, confirmed by

Solana Faces Scrutiny as Lazarus Hacking Group Launders Stolen Funds Through Pump.fun Memecoin

Solana Faces Scrutiny as Lazarus Hacking Group Launders Stolen Funds Through Pump.fun Memecoin

Solana is catching some heat today and is under a bit of scrutiny following news of money laundering tied to the recent Bybit hack. According to ZachXBT, the hacking group has been laundering stolen funds by creating and trading a memecoin named QinShihuang on the Pump.fun platform. This token,

North Korean Hacker Group Lazarus Has Stolen Nearly $5 Billion in Crypto Over the Years

North Korean Hacker Group Lazarus Has Stolen Nearly $5 Billion in Crypto Over the Years

North Korea’s notorious Lazarus Group has made a name for itself for when it comes to cybercrime, pulling off a string of cryptocurrency heists over the years that near $5 billion in today’s market value. Tied to Pyongyang’s shadowy regime, this hacking crew has spent years targeting

$1.5 Billion Bybit Exchange Hack the Work of North Korean Hacker Group Lazarus

$1.5 Billion Bybit Exchange Hack the Work of North Korean Hacker Group Lazarus

In a stunning revelation, blockchain security expert ZachXBT has cracked the case of a monumental $1.5 billion hack targeting Bybit, one of the industry’s leading crypto exchanges. ZachXBT, a name synonymous with transparency and relentless investigation in the crypto space, revealed that he submitted definitive proof to solve

North Korean Hacker Group Lazarus Targets Crypto Through Github and NPM Exploits

North Korean Hacker Group Lazarus Targets Crypto Through Github and NPM Exploits

In the shadowy realm of cyber warfare, the Lazarus Group, a state-aligned cyber collective from North Korea, has once again demonstrated its prowess by compromising open-source platforms like Github and NPM. Securityscorecard's STRIKE Team recently unveiled an intricate operation dubbed "Operation Marstech Mayhem," where malicious code