North Korea Financial News

07.04 / 20:49

Blockchain Binance NFT defi Decentralization MEV Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

07.04 / 10:55

Binance regulation Terra Luna Terraform Labs Terra Bitcoin Do Kwon converted illicit funds from Luna to Bitcoin: S.Korean prosecutors

South Korean prosecutors have identified 414.5 billion won ($314.2 million) in illicit assets associated with Terraform Labs co-founder Do Kwon and his associates. Out of the $314 million identified illicit assets, prosecutors have linked about 91.4 billion won ($69 million) of the specified amount to Kwon.

07.04 / 08:03

Hack scam U.S. Treasury US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?

The US Treasury has revealed that North Korean hackers and scammers exploit loopholes in the decentralized finance (DeFi) space to launder money and hide criminal activity.

06.04 / 15:47

defi regulation crimes Money laundering services North Korea and criminals are using DeFi services for money laundering — US Treasury

A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.

05.04 / 16:05

Provident Target Digital Software Discover lazarus Did North Korea’s Lazarus Group launch supply chain attack on crypto firms?

Popular cybersecurity firm Kaspersky recently concluded an investigation into a supply chain attack on 3CX, a popular VoIP (Voice over Internet Protocol) software provider. The attack came to light on 29 March and reportedly affected cryptocurrency firms.

05.04 / 10:11

Crime Man raid S Korean Police Raid Plastic Surgery, Identify Suspects in ‘Crypto Murder’ Case – Here’s the Latest

South Korean police have raided a plastic surgery clinic in connection with the suspected crypto-motivated kidnap and murder of a 48-year-old woman.

04.04 / 20:23

business Hackers hacks Crypto Companies Massive supply chain attack targeting small number of crypto companies: Kaspersky

A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added.

04.04 / 10:59

cryptocurrency Hack security scam North Korean Hackers Target Cryptocurrency Firms in Massive 3CX Supply Chain Hack – Here's What Happened

Russian cybersecurity firm Kaspersky has warned of a new form of attack on cryptocurrency firms, which it says is carried out with "surgical precision" by hackers using corrupted software.

01.04 / 12:59

Ethereum Ripple XRP CEO Action CoinMarketCap Bitcoin surges Pump-and-dump PUMP Ripple [XRP] surges in this country, but pump-and-dump fears rise

One of the biggest talking points in the crypto space over the last few weeks has been the meteoric rise of Ripple [XRP]. Ripple Labs, which has been locked in a controversial, two-year-long lawsuit, saw the price of its native token surge 15% over the last seven days and nearly 16% from what it was a month back, data from CoinMarketCap revealed.

30.03 / 09:05

UPS Hack Software Align Bitcoin New Report Exposes How North Korean Hackers Use Cloud Computing to Launder Crypto Loot – Should You Be Worried?

North Korean hackers are renting cloud-based mining services to launder their stolen crypto funds amid the recent clampdown on crypto mixing services.

29.03 / 20:53

regulation Social Media Telecommunications Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns

The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog.

28.03 / 21:51

Hackers regulation Money laundering services North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

The North Korean cybercrime operator APT43 is using cloud computing to launder cryptocurrency, a report from cybersecurity service Mandiant has found. According to the researchers, the North Korean group uses “stolen crypto to mine for clean crypto.”

28.03 / 06:45

business Law Report Fraud Interpol Terraform Labs Terra Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report

Terraform Labs co-founder Do Kwon established a company in Serbia for less than $1 just weeks after being flagged with an Interpol red notice, according to documents from the Serbian Business Registry.

27.03 / 08:21

business Stablecoin regulation LUNC Terra Terra co-founder in S.Korean crosshairs following Do Kwon arrest

Following Terraform Labs’ co-founder Do Kwon’s arrest in Montenegro while trying to board a plane using fake documents, South Korean authorities have turned up efforts to track down and arrest Shin Hyun-Seong, also known as Daniel Shin — Terra’s other co-founder.

24.03 / 23:41

defi Hackers hacks regulation Arbitrum Arbitrum airdrop hype grips DeFi world: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

23.03 / 18:13

Cooper Man CoinMarketCap Luna Breaking: Montenegro officials arrest man suspected to be Terra founder – Do Kwon

Update:

23.03 / 13:51

Blockchain UPS Provident Platform Mobile C+Charge Secures Major Partnership to Enter Korean Electric Vehicle Market – Presale Ends in 6 Days, $3.25m Raised

Thursday March 23rd 2023 – C+Charge (CCHG), the electric vehicle charging network, has garnered $3.25 million from investors as its presale nears completion with only six days remaining.

21.03 / 04:41

business defi Hackers hacks Altcoin Smart Contracts Euler Finance to enter talks with exploiter over the return of funds

Ethereum-based lending protocol Euler Finance could be a step closer to recovering funds stolen in a $196 million flash loan attack last week, with private discussions now initiated with the exploiter.

19.03 / 13:03

business defi Hackers investigation EXP Attack Euler Finance hacker sends 100 ETH to red-flagged North Korean address

Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely follows the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction of 100 Ether (ETH) was allegedly sent to an address associated with North Korea-linked actors.

18.03 / 19:33

Blockchain Ethereum Platform Stealth Returns Euler Finance hacker returns tokens worth $5.4 million

The hacker who stole $197 million from Ethereum-based noncustodial lending protocol Euler Finance has returned approximately 3,000 Ether worth $5.4 million. The assets were transferred from the hacker’s address to Euler Finance’s deployer address on 18 March.

17.03 / 16:41

Blockchain Ethereum ETH Lowe's CEO Platform Euler Finance hack: Everything latest that you need to know

Before it was attacked for $196 million, Euler Finance, an Ethereum-based lending system, was rated as “nothing greater than low risk” in ten independent audits that were done over two years.

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