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FBI Faults North Korean Government For $100M Crypto Heist
6.2.2023
The Federal Bureau of Investigation (FBI) has blamed a cyber-attack group backed by the government of North Korea for its role in a $100m crypto heist reported on 24 June 2022. The funds mainly in Ethereum (ETH) were stolen from Harmony's Horizon bridge....
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Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
4.2.2023
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...
DeFi enjoys a prolific start to 2023: Finance Redefined
3.2.2023
DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
North Korean Defectors, Libyans Indicted for ‘Kimchi Premium’ Crypto Trading
3.2.2023
South Korean prosecutors have arrested a group of foreign nationals – comprising North Korean defectors and at least one Libyan national – over suspected “kimchi premium”-type crypto trading offenses.
Per Yonhap, prosecutors have charged and detained three individuals, including a 44-year-old...
Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express
2.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens...
TradeTech FX: North America’s Biggest FX Buy Side Conference
1.2.2023
February 22, 2023, | Buy Side Only FX Innovation Day February 23-24, 2023 | Main Conference Days Agenda: https://bit.ly/3UJD5sB Register: https://bit.ly/3Uo5tAQ Discount code: CRYPTO23 (Free attendance for the buy side) TradeTech FX returns in February 2023 (22-24), and we’re...
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...
DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures
31.1.2023
The Axelar-based protocol connects users with cross-chain assets for borrowing and lending
North Korean Hackers Launder Staggering $27 Million in Ethereum from Recent Harmony Bridge Attack: Here's What You Need to Know
30.1.2023
In the aftermath of last year’s attack against the cross-chain bridge provider Harmony, North Korean hackers, who are widely blamed for the incident, are believed to have just finished laundering some ETH 17,278, worth more than $27 million, according to industry observers. ...
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White House: North Korean Funded Missile Program with $1bn Crypto Hack Haul
30.1.2023
The White House says that crypto industry “security vulnerabilities” allowed North Korean hackers to “steal more than $1 billion” in the past two years. And the US says Pyongyang has used the funds to support its missile program....
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North Korean hackers launder $27M ETH from Harmony Bridge attack
29.1.2023
Three main addresses carried out transactions worth $27.18 million to six crypto exchanges
Hive Ransomware Network Dismantled by American, European Law Enforcement
27.1.2023
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple...
North Korean Hackers ‘Trying to Bait Crypto Users With Bogus Job Offers’
27.1.2023
North Korean hackers are trying to break into crypto accounts by sending bogus job offers, a security provider has claimed.
The claims were made in a post by Proofpoint, a California-based security provider, and reported by the South Korean media outlets KBS and TVChosun....
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Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
27.1.2023
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada
FBI Says North Korea Was Behind $100m Harmony Horizon Bridge Hack
24.1.2023
The United States Federal Bureau of Investigation (FBI) has blamed North Korean hackers for the attack last year on the cross-chain bridge provider Harmony. The Harmony Horizon bridge was compromised in June 2022, with hackers making off with $100 million worth of crypto.
The FBI, Reuters...
North Korea's Lazarus Group masterminded $100M Harmony hack: FBI confirms
24.1.2023
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols
FBI: North Korean Hackers Behind $100 Million Horizon Bridge Theft
24.1.2023
A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement
Nexo agrees to $45M settlement with SEC and NASAA over earn product
19.1.2023
The crypto lender didn't categorically admit or deny the findings from the SEC's investigation despite agreeing to the settlement
Lazarus Group's Stolen 41,000 ETH from Harmony Bridge Hack is on The Move
17.1.2023
A whopping 41,000 ETH stolen by the North Korean hackers Lazarus Group are currently being deposited on crypto exchanges.
According to an analysis of the token movements shared online, the ETH was sent through the anonymity system Railgun before being consolidated in wallets and sent to three...