Tagged: north korea

North Korean Hackers Now Targeting Individuals’ Crypto Holdings

“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

Researchers Link North Korea to Two Fraudulent ICOs

An increasingly “techno-savvy” ruling elite in North Korea is using a “full range” of computerized devices and tactics, including the issuing of fraudulent ICOs (initial coin offerings), to evade global sanctions and, “…generate revenue for the Kim regime,” Insikt Group reports. Insikt’s cybersecurity researchers have… Read More

Group-IP Says $882 Million Pilfered from Crypto Exchanges, North Korean Hackers Take Gold Medal in Crypto Theft

Group-IB, a company that provides computer forensics and cybersecurity services large international companies, published a report last week the put a number to the frequent cryptocurrency exchange hacks that seem to happen on a weekly basis.  According to Group-IB, attacks during 2017 and through Q3… Read More

Two Finance Crime Experts Say North Korea Probably Using Crypto to Skirt US Sanctions

Lourdes Miranda, an independent financial intelligence analyst/financial crimes investigator, and Ross Delston, a lawyer specialized in anti-money laundering, have told the Asia Times that they believe North Korea (DPRK) is probably using cryptocurrency channels to skirt US sanctions. “International criminals everywhere prefer crypto-currencies and the… Read More

North Korea to Host October Blockchain Conference

North Korea, a country more known for its ties to devastating hacks on South Korean crypto exchange than for white hat blockchain development, will evidently host a blockchain conference in Pyongyang this October, The Straits Times reports. The “Korean International Blockchain Conference” is set to take… Read More

Crypto Exchange Targeted by Possible North Korean Hack Group

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

Letter from Senators Rubio & Menendez Raise Concern About Cryptocurrencies & International Scofflaws

Several days ago, Senator Marco Rubio and Senator Robert Menendez published a letter directed to the US Secretary of the Treasury Steven Mnuchin demanding to know what the US government was doing to foil attempts by rogue nations in leveraging cryptocurrencies to skirt imposed sanctions…. Read More

South Korea Cautions Consumers on Cryptocurrencies instead of Ban, Meanwhile Report Says Largest Exchange Bithumb Has Been Hacked

South Korea has decided not to ban cryptocurrencies after all, instead the Korean government has decided to caution consumers on purchasing or trading in cryptocurrencies while regulators attempt to better manage the emerging market.  Previously, it was expected that Korean government officials were going to… Read More

Creators of Kim Jong Un-Themed Video Game Shut Down Kickstarter Campaign Due to Threats & Cyber Attack

Just when everything had apparently calmed down after the Sony cyber attacks that temporarily cancelled the release of the new film The Interview (which had a death scene that involved Kim Jong Un), it seems hackers have found a new target, and it’s a new video game that… Read More

WATCH: Two Rappers Used Kickstarter To Shoot A Music Video In North Korea

North Korea is known as the “hermit kingdom” in part for the regime’s general disdain for western culture. So, imagine my shock when I came across this music video from two Washington DC rappers shot in North Korea. How did they do it? It started… Read More

Indiegogo Reinstates Campaign For North Korean News Site After Review For UN Sanction Violations

DailyNK.com is a news service with the goal of disseminating information from within North Korea. North Korea has no freedom of the press and the state demands heavy censorship, and these policies have led to the isolationist country being dubbed the “hermit kingdom.” DailyNK, based in… Read More

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