Tag Archives: north korea

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

The top spy agency of South Korea stated its neighbor North Korea has stolen an estimated $1.5 trillion won worth of cryptocurrency funds over the past five years. This is equivalent to about $1.2 billion in USD. More than half of that money was stolen in the year 2022 alone. North Korea Is Still Stealing Crypto North Korea has long been in the habit of stealing digital currency and engaging in crypto hacks and related activities to garner the funds it needs to continue...

Hackers from the sanctioned nation of Iran have allegedly hacked several servers of the United States government as a means of installing software to mine digital currencies. These hackers also allegedly sought to steal various network passwords and compromise the nation’s systems. Iran May Have Compromised the U.S. It is believed that hacking attempts by Iran may have started back in February of this year. This means that U.S. networks have been in danger for ten...

Earlier in the year, Live Bitcoin News reported a major hack on the Axie Infinity network. The company lost more than $600 million in crypto funds, and later analyses suggested the hack had occurred through the efforts of Lazarus, a notorious cybercrime enterprise based in the nuclear state of North Korea. Axie Infinity Comes Out the Winner It appears there is someone above looking out for Axie Infinity as law enforcement agents in the U.S. report having garnered as much...

North Korea and the United States are once again going at each other’s throats in the name of cryptocurrency activity. This time, it looks like the U.S. has put sanctions in place against North Korea-based crypto mixer Tornado Cash, which at the time of writing, is alleged to have laundered more than $7 billion in digital funds. North Korea Has Been Using Tornado for the Wrong Reasons North Korea has long been the subject of crypto speculation amongst North American...

Not long ago, Harmony – a crypto exchange based in northern California – was the victim of a cyberattack that ultimately resulted in more than $100 million in digital currency funds being stolen. Harmony Is Looking to Give People Their Money Back The company has taken several measures to get its money back and make the situation better for its clients. Among the proposals it has made is this latest one in which executives want to issue nearly five billion new crypto...

North Korea isn’t too happy that it’s been called out by the United States for its repeated roles in cyberattacks designed to make off with stolen digital currency funds. The country is home to several hacking groups – including Lazarus, one of the most notorious organizations of its kind – and has allegedly stolen several billion dollars in digital currency over the years as a means of funding its ongoing nuclear program. North Korea and Its Long, Illicit History The...

Hackers in North Korea are once again making headlines. They are being blamed for the recent attack on a California-based crypto exchange called Harmony that ultimately resulted in more than $100 million in crypto funds vanishing overnight. Hackers in North Korea Labeled “Harmony Attackers” Three digital investigative firms have concluded that North Korea was at the center of the attack on Harmony. The money was stolen on the date of June 23 from a division known as...

Lazarus – the North Korean hacking group – is back in the news again today, this time because the organization is reportedly using apps to track those involved in the cryptocurrency space. Lazarus Is Doing Everything to Obtain Crypto Among the law enforcement agencies that have discovered this new activity from Lazarus are CISA, the US Treasury Department, and the Federal Bureau of Investigation (FBI). All three organizations are now banding together as a means of...

Bitcoin is often touted as something that can potentially move the world in the right direction. It allegedly offers people financial freedom and more control over their monetary decisions, and the world’s number one digital currency by market cap appears to be producing solid results in foreign markets and nations. How Is Bitcoin Helping People Around the World? One case where the currency is performing acts of good is in both China and North Korea. Not long ago, North...