Hack


Policy

US Government Warns of North Korean Crypto Attacks After Tying Nation to $625M Hack

The government said it had observed North Korean cyber actors targeting a wide range of crypto and blockchain companies, including exchanges, DeFi protocols and play-to-earn games.

North Korea military parade

Markets

Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.

North Korean flags waving in the wind.

Videos

North Korea’s ‘Lazarus’ Hackers Allegedly Behind Ronin Network Exploit

The U.S. Treasury Department alleged that North Korean state-linked hacking group “Lazarus” is tied to last month’s over $600 million theft from Axie Infinity’s Ronin bridge. “The Hash” group discusses efforts made by the Office of Foreign Assets Control (OFAC) to sanction associated wallets and the use of decentralized mixers like Tornado Cash for laundering ill-gotten funds. 

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Videos

FBI Links North Korea to Axie Infinity Hack

CoinDesk Deputy Business Editor Danny Nelson broke the story that the more than $600 million exploit of Axie Infinity’s Ronin network was orchestrated by North Korea’s elite “Lazarus” hacker group.

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Tech

Sanctioned Crypto Wallet Linked to North Korean Hackers Keeps Laundering

It’s a game of wallet whack-a-mole despite Tornado Cash’s efforts. For now, the hackers appear to be winning.

(Eric Lafforgue/Art In All Of Us/Corbis via Getty Images)

Policy

US Officials Tie North Korea’s ‘Lazarus’ Hackers to $625M Crypto Theft

Axie Infinity’s Ronin blockchain suffered a massive exploit late last month.

North Korean Supreme Leader Kim Jong Un (Andrey Rudakov/Bloomberg via Getty Images)

Tech

Ronin Exploiter Moved 21,000 Ether to Tornado Cash in Past Week

The stash is worth over $65 million at current prices.

(Images by Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)

Tech

Multiple Indian Official Twitter Accounts Hacked, NFT Content Posted

Accounts of a high-profile state chief minister, political parties and government institutions were compromised.

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Videos

Sky Mavis COO: $625M Axie Infinity Hack Was ‘Social Engineering’

Sky Mavis COO & Co-Founder Aleksander Larsen shares an inside perspective on the $625 million exploit of Axie Infinity’s Ronin network, explaining the circumstances that lead to the attack and the subsequent wave of financial support from Binance and venture capitalists to refund the victims. Plus, a conversation on the security of blockchain bridges, lessons learned for the overall crypto ecosystem and the launch of Axie Infinity: Origin. 

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