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Tag Archives: NORTH KOREA

US sanctions is perhaps the prime factor that incentivized North Korea to launch the Cyberattacks involving cryptocurrencies as well, reveals the FBI

While the crypto is upgrading itself with every passing day, thus making less vulnerable to cyberattacks there are still some factors that remain terribly unchecked. This can be stated quite boldly because of the recent revelation that came from an FBI official. While speaking at a U.S thinktank called The …

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North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Out of fourteen separate exchange breaches, five have been attributed to the group, among them the industry record-breaking $532 million NEM hack of Japan’s Coincheck this January. The report, dedicated to hacks in 2017 and 2018, identifies the allegedly state-sponsored hacker group Lazarus as responsible for $571 million of the $882 million total in crypto that …

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