Tag Archives: North Korea

Crypto Sanctions Shock: Treasury Hits DPRK IT Web After $800M Fraud

Posted on by — No Comments ↓

The US Treasury (OFAC) has sanctioned six individuals and two entities tied to the Democratic People’s Republic of Korea (DPRK) IT‑worker schemes that allegedly generated nearly $800 million in 2024. US Vs. DPRK Over Crypto Fraud Crypto is once again at the center of Washington’s latest sanctions push. On an official press release on March… Continue reading Crypto Sanctions Shock: Treasury Hits DPRK IT Web After $800M Fraud→

Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details

Posted on by — No Comments ↓

An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC) transactions. Monero Soars After $330 Million BTC Theft Privacy and security-focused token Monero saw its price soar 52% to a four-year high on Monday. The… Continue reading Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details→

North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack

Posted on by — No Comments ↓

In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet.  The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s… Continue reading North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack→