Tagged: lazarus group

September 7, 2026 @ 10:28 am By Omar Faridi  |  

Wallets tied to North Korea’s sanctioned Lazarus Group have been routing tens of millions of dollars through Hyperliquid, according to on-chain work first published by Arkham analyst Emmett Gallic. The finding lands just as the Trump administration is trying to pull the same derivatives venue… Read More

August 9, 2026 @ 9:32 pm By Michael Wong  |  

Cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea, its Reconnaissance General Bureau, and the Lazarus Group over a February 2025 cyberattack described by a U.S. court as “one of the largest cryptocurrency thefts in history.” The lawsuit was filed in the U.S…. Read More

April 24, 2026 @ 5:12 pm By Omar Faridi  |  

Chainalysis noted that on April 18, 2026, cybercriminals believed to be tied to North Korea’s Lazarus Group executed one of the largest DeFi heists of the year, siphoning approximately $292 million (116,500 rsETH) from KelpDAO’s LayerZero-powered bridge. Unlike typical smart-contract vulnerabilities, this breach targeted off-chain… Read More

July 12, 2025 @ 8:08 am By Tony Zerucha  |  

Sonatype, a software supply chain security company, this week released the Q2 2025 edition of its Open Source Malware Index, uncovering 16,279 malicious open source packages across major ecosystems including npm and PyPI. This quarter’s count brings the total number of open source malware packages Sonatype has discovered… Read More

May 4, 2025 @ 10:08 pm By Omar Faridi  |  

Crypto exchange Kraken recently uncovered a sophisticated attempt by a North Korean hacker to infiltrate its operations through a seemingly innocuous job application. The incident, detailed by Kraken on May 1, 2025, highlights the evolving tactics of state-sponsored cyber threats targeting the crypto industry, with… Read More

April 28, 2025 @ 6:03 pm By Omar Faridi  |  

Kaspersky’s GReAT team has uncovered a new Lazarus campaign, combining a watering hole attack with the “exploitation of vulnerabilities in third-party software to target organizations in South Korea.” During the research, company experts have also “discovered a zero-day vulnerability in the widely used South Korean… Read More

April 4, 2025 @ 10:06 am By Omar Faridi  |  

North Korea has emerged as a somewhat unexpected powerhouse in the world of cryptocurrency—not as a legitimate player, but as a prolific cybercriminal state. According to a detailed investigation by The Wall Street Journal, the isolated nation has pilfered more than $6 billion in digital… Read More

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

February 24, 2025 @ 11:22 am By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, is reporting that it has recovered pilfered funds. In a statement today, the company stated they had “restored reserves levels to a 1:1 ratio for in-scope digital assets within 72 hours following a major incident… Read More

January 26, 2025 @ 12:16 pm By Omar Faridi  |  

In a major development for Indian cryptocurrency exchange WazirX, the Singapore High Court has officially endorsed the platform’s restructuring plan, offering a path toward repaying user funds lost in a substantial cyberattack. This hack, which occurred in July 2024, resulted in a $235 million loss… Read More

January 15, 2024 @ 8:14 am By Omar Faridi  |  

CertiK has released the Web3 Security Report for Q3 2023. CertiK explains that the report aims to serve “as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space.” The update from CertiK is intended to equip stakeholders… Read More

November 29, 2023 @ 11:34 am By JD Alois  |  

Mixers, or platforms that seek to cover the tracks of crypto movement, are making news again as the US Department of Treasury, Office of Foreign Assets Control (OFAC), has sanctioned Sinbad.io (Sinbad) for helping North Korea (the Democratic People’s Republic of Korea (DPRK)) in its… Read More

September 11, 2023 @ 11:55 am By Omar Faridi  |  

The FBI is issuing this update to caution the general public regarding the theft of approximately $41 million in virtual currency from Stake.com, an online casino and betting platform. The FBI has confirmed that this theft took place “on or about September 4, 2023, and… Read More

October 3, 2020 @ 9:47 am By Omar Faridi  |  

Companies or businesses that have been targeted with malicious ransomware attacks might potentially face fines as high as $20 million if they agree to the demands from extortionists, particularly the ones who have been listed on financial crime sanctions lists, the US Department of Treasury… Read More

December 4, 2018 @ 2:18 am By Cali Haan  |  

“One of the most formidable hacking armies in the world,” is now believed to be targeting the crypto holdings of individuals, particularly wealthy ones, The South China Morning Post (SCMP) reports. North Korean hackers have been identified by Group IB and others as the likely culprits behind… Read More

August 25, 2018 @ 9:51 am By Cali Haan  |  

Internet security firm Kaspersky Lab has claimed that hackers with possible ties to North Korea have struck against an unnamed crypto exchange using malware targeting macOS. Kaspersky lab attributes the latest hack to the Lazarus hack group. According to Wikipedia, the Lazarus Group earned its… Read More