Browsing: North Korea

North Korean hackers steal $1.5 billion in ETH from crypto exchange Bybit through supply chain compromise

Group of Seven leaders may address North Korea’s malicious cyber activities and crypto hacks at a summit in Canada next month, amid growing global concerns over Pyongyang’s online thefts.

An overview of the ByBit cryptocurrency heist, its perpetrators, and its potential impact on U.S. crypto regulation.

Experts warn that North Korean cybercriminals are exploiting AI platforms like ChatGPT and Gemini, making it difficult to stop their illicit activities.

Cybersecurity experts warn that North Korean hackers are exploiting AI models like ChatGPT for fraud, making it difficult to block their activities.

A look at the $1.5 billion cryptocurrency theft from Bybit, attributed to North Korean hackers.

North Korean hackers from the Lazarus Group have stolen a record $1.5 billion from the Bybit crypto exchange, circumventing a security system considered one of the safest in the industry. The attack has raised alarms about the vulnerability of even “cold” storage wallets and the potential use of stolen funds to support the Kim Jong-Un regime’s nuclear weapons program.

The Federal Bureau of Investigation (FBI) has identified North Korea as the perpetrator of a cyberattack that resulted in the theft of approximately $1.5 billion in virtual assets from the cryptocurrency exchange ByBit.

The FBI has linked the North Korean Lazarus Group to the theft of $1.5 billion from crypto exchange Bybit, with the funds being laundered to evade tracing efforts.