North Korea


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)

Policy

US Government Recovers $30M From Crypto Game Axie Infinity Hack

Hackers stole over $600 million from Axie earlier this year.

Chainalysis CEO Michael Gronager (Danny Nelson/CoinDesk)

Videos

Protest Against Tornado Cash Developer’s Arrest

More than 50 people gathered in Amsterdam’s Dam Square Saturday to protest the arrest of blockchain developer Alexey Pertsev. He was arrested Aug. 10 on suspicion of involvement in the Tornado Cash protocol that was sanctioned earlier this month by U.S. authorities.

CoinDesk placeholder image

Tech

Analytics Firm Elliptic Says RenBridge Was Used to Help Launder $540M of Illicit Crypto Funds

Around a third of the sum laundered with the help of the cross-chain bridge is believed to be proceeds from ransomware attacks by North Korean hackers, according to Elliptic.

Elliptic says RenBridge was used to launder $540 million in illicit funds. (Charlie Green/Unsplash)

Videos

US Tornado Cash Ban Will Put Great Dent Into North Korean Operations: Expert

The U.S. Treasury department has banned crypto mixer Tornado Cash, claiming it has ties to a hacking organization associated with the North Korean government.

CoinDesk placeholder image

Videos

TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury

The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a "watershed moment" for crypto.

Recent Videos

Policy

US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored

One hour and three minutes later, Anthony Blinken tweeted what the Treasury Department actually alleges: Tornado Cash was only used by a DPRK-sponsored group.

U.S. Secretary of State Antony Blinken (Spencer Platt/Getty Images)

Policy

US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting

The Treasury Department says Tornado Cash abetted laundering of $7 billion, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.

Tornado Cash co-founder Roman Semenov (Roman Semenov)

Videos

Americans Banned From Using Crypto-Mixing Service Tornado Cash

The U.S. Treasury Department banned all Americans from using decentralized crypto mixing service Tornado Cash on Monday. The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds. “The Hash” panel discusses what this means for online privacy in the crypto space.

Recent Videos