The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.
North Korea news
According to Cyvers, the 40% yearly increase was driven mostly by growing access control vulnerabilities at centralized exchanges and cryptocurrency custodians.
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The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years.
According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017.
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade.
The North Koreans invested great effort in creating and promoting the game that apparently drained users’ wallets.
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit.
Cosmos’ co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.