North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report

CoinDeskPolicyPublicado em 2024-03-20Última atualização em 2024-03-21

Resumo

A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million

North Korea-linked cryptocurrency hacks totaled $3 billion between 2017 and 2023, South Korean news agency Yonhap reported on Thursday, citing a United Nations (UN) Security Council study.

A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million, the report added.

24K

There were a total of 58 suspected cyberattacks on crypto-linked firms between 2017 and 2023, according to the report. The report said that North Korea derives around 50% of its foreign currency income from cyber attacks, which is used to fund its weapons programs.

Advertisement
Advertisement

North Korea has been targeting the crypto industry as a means of evading sanctions, the report said, branding the country “the world's most prolific cyber-thief.”

In December, cybersecurity firm Recorded Future also calculated that $3 billion in cryptocurrency had been stolen in the last six years by North Korea-linked hacker organization Lazarus Group.

Read More: EU Parliament Approves New Sanctions Laws That Also Apply to Crypto

Edited by Parikshit Mishra.


Leituras Relacionadas

Glassnode: Bitcoin Recovery Continues, But This Key Signal is Missing!

Glassnode reports that Bitcoin's recovery continues but lacks a key signal. While the price has stabilized around $65,000 after rebounding from June lows near $58,000, the firm characterizes the market outlook as a "transitional recovery." Despite stable prices below $66,000 and a return to neutral momentum, overall exchange trading volume remains low. Analysts note this divergence suggests a gradual demand increase rather than widespread speculative frenzy. In derivatives markets, perp futures buying activity has surged, yet open interest and funding rates remain moderate, indicating controlled leverage. Options market skew has narrowed, showing reduced demand for downside protection. A key positive signal is robust institutional demand, with regulated Bitcoin investment products seeing significant net inflows. Blockchain data also shows an increase in "hot capital" and a rising ratio of short-term to long-term holder supply, signaling price-sensitive capital is re-entering the market. However, key on-chain metrics have not recovered. Active addresses, blockchain transaction volume, and fee revenue remain near lower statistical bounds, indicating low organic network demand and a lack of urgency among investors. Overall network profitability has seen only minor improvement, with realized losses still exceeding profits. Glassnode concludes that while institutional inflows, spot/futures demand, and reduced defensive positioning are positive, low spot liquidity and weak on-chain activity indicate the recovery hasn't yet broadened into a full bull phase. A sustained break above $66,000 is seen as a critical level to watch for confirming a stronger upward trend.

cryptonews.ruHá 19m

Glassnode: Bitcoin Recovery Continues, But This Key Signal is Missing!

cryptonews.ruHá 19m

Starknet has integrated AI agent transaction verification

Starknet, an Ethereum scaling Layer 2 network, has integrated Chance, a verification system for AI agents that audits proposed trading transactions before execution. The system first simulates a potential trade and compares its outcome with the conditions pre-approved by the user. If the transaction doesn't comply with these user-set rules, Chance blocks the fund transfer. The solution operates using Starknet's programmable custodial wallets. While AI agents can suggest deals, the assets remain under the wallet's control until an operation aligns with the user-defined constraints. This creates an additional verification layer between the AI agent's decision and the actual movement of funds. Chance also utilizes Starknet's STRK20 privacy framework to protect authorization data for agents and transaction calculations. The system allows for selective disclosure of transaction information, enabling users to provide necessary data without revealing the entire context of the operation.

cryptonews.ruHá 19m

Starknet has integrated AI agent transaction verification

cryptonews.ruHá 19m

Coinsbuy offers $100K reward after Sunday security breach

Crypto payments platform Coinsbuy suffered a security breach on Sunday, resulting in the draining of over $7.9 million from its wallets on Ethereum and TRON networks, according to a blockchain investigator. The attacker reportedly began converting the stolen funds into Monero. Coinsbuy temporarily paused services and has since restored them. The company confirmed the incident, stating that unauthorized withdrawals affected several platform wallets. Coinsbuy has covered all client losses from its own reserves, ensuring no financial impact on its users. An investigation is ongoing, but technical details will not be disclosed until it is complete. Additionally, Coinsbuy is offering a $100,000 reward for information leading to the identification of the responsible party, with an extra bonus for assistance in recovering the stolen funds.

cointelegraphHá 24m

Coinsbuy offers $100K reward after Sunday security breach

cointelegraphHá 24m

Movement, El Vecino, and RISE launch a digital dollar wallet

The blockchain-based payment network Movement has partnered with money transfer service El Vecino and blockchain wallet developer RISE to launch a digital dollar wallet service for remittances between the US and Mexico. El Vecino, with 19 years of experience in US-to-Mexico transfers, will utilize RISE's digital wallet and payment infrastructure for Latin America, while Movement provides the regulated payment network for fast settlement. The new service allows El Vecino's customers to send money via WhatsApp. Recipients in Mexico can collect cash at OXXO and Circle K locations or transfer funds to a bank account via SPEI. Currently handling about 25,000 transfers monthly (85% to Mexico), El Vecino will initially pilot the WhatsApp service with 20,000 users, with plans to later expand to RISE's network, potentially reaching around 800,000 users. The partnership aims to extend the service to other Latin American countries like Guatemala and El Salvador.

cryptonews.ruHá 29m

Movement, El Vecino, and RISE launch a digital dollar wallet

cryptonews.ruHá 29m

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

CT3 has announced the start of preparations for the future listing of its CT3GB token and the launch of its own tokenized economy. The company is scaling its data storage infrastructure, building financial reserves, and transitioning to a new architecture based on specialized smart contracts. CT3GB is intended to become the platform's primary settlement asset, used for paying for storage services, distributing rewards, and facilitating internal settlements. Key preparations include expanding the storage network's capacity through the Storage Contracts program and planning an independent audit of the core smart contract infrastructure before the token listing. This audit aims to verify security and business logic to strengthen trust. These steps are part of a long-term strategy to create an autonomous data storage ecosystem. The goal is to ensure CT3GB launches within a prepared environment where its value is driven by both market demand and its practical utility in the CT3 Cloud's operations.

TheNewsCryptoHá 59m

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

TheNewsCryptoHá 59m

Trading

Spot
活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow