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Epic Cyber Showdown: US Treasury Vs. North Korea's Infamous Lazarus Group
Tuesday, April 25, 2023 - 12:00am | 432The U.S. Treasury Department's sanctioning authority has imposed restrictions on three individuals from North Korea for their involvement with the Lazarus Group, a notorious North Korean cyber-espionage team held responsible for numerous cryptocurrency thefts. What Happened: U.S. officials...
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North Korea's Cyber-Fueled Nuke Financing Triggers Alarm Bells For US, Japan, And South Korea
Monday, April 10, 2023 - 3:33pm | 511Special envoys from the United States, Japan, and South Korea have expressed deep concerns over North Korea's growing nuclear program, highlighting the role of North Korean hackers and IT specialists in fueling the regime's weapons development. According to a report by AFP, North Korea...
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When Japanese Police Warned That Kim Jong Un-Backed Hackers Were Behind Years Of Crypto Exploits
Tuesday, February 21, 2023 - 8:22pm | 429Kim Jong Un allegedly resorted to a series of subversive measures aimed at weakening his enemies, it was reported in October 2022. The North Korean dictator unleashed an unprecedented wave of cyberattacks against businesses, services, and websites linked to cryptocurrency, as per...
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Coinbase Foots Bill For Lawsuit Against US Treasury Over Tornado Cash Sanctions: 'Saw This As Much Larger Problem'
Friday, September 9, 2022 - 1:49am | 444Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) is funding a lawsuit against the U.S. Treasury Department for its sanctions against coin mixer Tornado Cash (CRYPTO: TORN), as per a report from CNBC. What Happened: The lawsuit was filed by...
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State-Sponsored North Korean Hackers Likely Behind $100M Crypto Heist: Report
Thursday, June 30, 2022 - 2:19am | 380The Lazarus Group, a hacking organization allegedly supported by the North Korean government, likely carried out the $100 million cyberattack on cryptocurrency project Harmony’s (CRYPTO: ONE) Horizon Bridge. What Happened: Analysis from blockchain analytics firm Elliptic finds that the...