Cryptocurrency trading Archives

At least $600 million in bitcoin was stolen in 2023 by threat actors connected to North Korea, commonly known as the Democratic People's Republic of Korea. The DPRK, according to blockchain analytics startup TRM Labs, "was responsible for almost a third of all funds stolen in crypto attacks last year, despite a 30% reduction from the USD 850 million haul in 2022," the company claimed last week. The average damage caused by DPRK-perpetrated hacks was ten times greater than that of non-North Korean hackers. There are hints that by the end of 2023, more cyberattacks aimed at cryptocurrency read more North Korea's Cyber Heist DPRK Hackers Stole $600 Million in Cryptocurrency in 2023. Get up to date on the latest cybersecurity news and enhance your knowledge of cybersecurity with our ...

According to new research, nation-state actors have joined ransomware perpetrators and cryptocurrency scammers in misusing cloud mining services to launder digital assets. Blockchain analytics company Chainalysis stated in a research published with The Hacker News that "Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it provides a means to acquire money with a totally clean on-chain original source." Google Mandiant revealed earlier this month that APT43, based in North Korea, uses cloud mining and hash rental services to hide the forensic trace read more Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency. Stay one step ahead of cyber threats with ReconBee.com. Explore our comprehensive cove...

Tag: Cryptocurrency trading

North Korea’s Cyber Heist DPRK Hackers Stole $600 Million in Cryptocurrency in 2023