lazarus


Markets

WazirX Tells Creditors Accept New Scheme or Wait Until 2030 for Refunds From $230M Hack

The aftermath of an attack on India’s once-largest crypto exchange continues to brew.

Credit: Shutterstock

Finance

North Korean Hacking Group Lazarus Withdraws $1.2M of Bitcoin From Coin Mixer

Lazarus Group, said to have been behind some $3 billion worth of cryptocurrency hacks and exploits over the past three years, appears to be moving around some of its bitcoin hoard. The group holds $79 million in wallets tagged by the blockchain analysis firm Arkham.

Lazarus Group withdraws $1.2M of BTC (Micha Brändli/Unsplash)

Videos

U.S. Treasury Sanctions Crypto Mixer on North Korea Allegations as FBI, Dutch and Finnish Police Seize Website

The U.S. Treasury Department has blocked Sinbad.io, a crypto mixing service, from the global dollar financial system on allegations it supported transactions tied to North Korea's infamous hacking group. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

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Markets

North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency

The hacker group stole the funds over the last six years, which was likely used to fund the country's projects, a report said.

Computer Hacking Hackers (Shutterstock)

Videos

Tornado Cash Trading Volumes Plunged After U.S. Sanctions: TRM Labs

Overall usage of crypto mixer Tornado Cash dropped 90% following U.S. sanctions, a new report from blockchain analytics firm TRM Labs shows. The U.S. Department of Justice has alleged the service was used to launder more than $1 billion in illicit funds, including by North Korean hacker group Lazarus. Jennifer Sanasie presents "The Chart of the Day."

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Finance

FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin

The FBI released six wallets linked to North Korean hackers Lazarus Group and APT38.

FBI tracks $40 million of North Korea-linked bitcoin. (David Trinks/Unsplash)

Videos

TRM Labs Senior Policy Advisor on Crypto Compliance and Risk Management

TRM Labs Senior Policy Advisor Isabella Chase discusses the vulnerabilities of the digital asset space and how her firm is helping to tackle the risks of open finance. Plus, insights into tracking North Korea's Lazarus hacking group and the industry implications of the European Parliament's decision to postpone voting for its Markets in Crypto Assets Regulation (MiCA) bill until April.

Davos 2023

Finance

North Korean Hacker Group Lazarus Targets Japanese Crypto Firms

Lazarus Group has been targeting Japanese firms with phishing links via email and social media.

Flags fly in Pyongyang, North Korea (Micha Brandli/Unsplash)

Videos

US Government Warns Further Crypto Attacks From North Korea Following Axie Infinity Hack

Halborn Co-founder Steven Walbroehl discusses North Korea’s involvement in the over $600 million hack of Axie Infinity’s Ronin network and the role of blockchain analytics in uncovering the perpetrators. Walbroehl explains the probability of the funds being recovered, the use of social engineering, and the Lazarus group’s history of perpetrating online attacks. Plus, a conversation about the recent $182 million exploit of the Beanstalk stablecoin protocol. 

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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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