North Korea Financial News

16.02 / 13:47

Hack security freeze Binance, Huobi Freeze $1.4m Worth of Crypto in ‘North Korea-linked’ Wallets

The crypto exchanges Binance and Huobi have frozen “North Korea-linked” wallets containing “approximately $1.4 million in cryptoassets.”

15.02 / 16:59

business Law regulation LUNC Terraform Labs Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs

South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of won in LUNA (LUNA), now known as LUNA Classic (LUNC), for promoting Terra as a simple payment gateway.

15.02 / 15:45

Blockchain Binance Platform Action Huobi Intel $1.4M crypto assets frozen by Binance and Huobi: Here’s what happened

Binance and Huobi have frozen accounts connected to the $100 million Harmony Horizon bridge attack of June 2022.

15.02 / 13:37

regulation SEC Kraken Staking Crypto Staking services South Korea to examine crypto staking services following the Kraken case

As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the journalists:

15.02 / 10:53

regulation crimes Senate AML Terrorism Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United States Senator Elizabeth Warren.

15.02 / 08:53

business Blockchain Binance Hackers privacy data freeze Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022.

14.02 / 14:49

Ethereum ETH FIVE AXY Oracle Infinity Sky Mavis Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report

As per a 13 February report by CoinGecko, in tandem with DeFiYield’s REKT database, exploiters used an array of methods to steal nearly half of the total cryptocurrency stolen in 2022. This included circumventing verification processes, manipulating the market, smart contracts, crowd looting, and bridge exploits.

14.02 / 13:47

Hack lazarus North Korea’s Lazarus ‘Using New Coin Mixer to Launder Crypto’ – and It’s a ‘Blender Re-brand’

The North Korean hacking group Lazarus has turned to a new crypto mixer named Sinbad, the blockchain analytics firm Elliptic has claimed.

13.02 / 23:45

business sanctions Elliptic Crypto mixer Blender has been rebranded to Sinbad, says Elliptic

Blender, the cryptocurrency mixer sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control in May 2022, was “highly likely” relaunched as Sinbad, according to risk management firm Elliptic.

13.02 / 22:31

Blockchain defi Hackers hacks regulation crimes Cybercrime Sky Mavis DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.

13.02 / 19:41

Blockchain Target Reuters Digital Discover Bitcoin North Korea Stole Over $1 Billion in Crypto in 2022

According to an unclassified study from the United Nations, cybercriminals operating out of North Korea stole more digital assets in 2022 than in any previous year.

13.02 / 14:07

Hack security Threat New North Korean Ransomware Threat to ‘Major Institutions’ Detected, Say South Korea, US

South Korean and United States intelligence agencies have warned that Pyongyang-based hackers are trying to hit “major international institutions” with ransomware attacks. But experts say that “overlapping sanctions” could help Seoul and Washington thwart North Korean cyber thieves.

10.02 / 13:15

Ethereum ETH BTC SEC CoinMarketCap Kraken Bitcoin Bitcoin and Ethereum Price Prediction: Is Regulation Backlash Selloff Overdone?

Bitcoin, the world's largest cryptocurrency, fell 5% to $21,800 on Friday, continuing its downward trend. In the meantime, Ethereum was down 4.93% and trading near $1,544.48. However, many factors could be responsible for its prolonged decline.

10.02 / 12:31

Blockchain regulation South Korea sets independent sanctions for crypto theft against North Korea

South Korea announced its first independent sanctions related to cryptocurrency thefts and cyber attacks against certain North Korean groups and individuals.

09.02 / 10:47

Ethereum ETH BTC Lowe's Digital CoinMarketCap Bitcoin Bitcoin and Ethereum Price Prediction: Will The Triple Bottom Of $22,350 Trigger A Bullish Bounce In BTC?

Bitcoin rose today, but it decreased steadily. Today’s values are only marginally better than the all-time low hit on Wednesday, when bitcoin dropped by as much as 4.5%. Ethereum also fell with a value lower than yesterday’s high; this decline has been caused by inflationary concerns and uncertainty in China's cryptocurrency market.

07.02 / 09:27

Blockchain Hackers Altcoin Bitcoin North Korea stole more crypto in 2022 than any other year: UN report

A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.

06.02 / 12:01

FBI FBI Faults North Korean Government For $100M Crypto Heist

The Federal Bureau of Investigation (FBI) has blamed a cyber-attack group backed by the government of North Korea for its role in a $100m crypto heist reported on 24 June 2022. The funds mainly in Ethereum (ETH) were stolen from Harmony's Horizon bridge.

04.02 / 00:01

defi Hackers hacks regulation DeFi enjoys a prolific start to 2023: 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.

03.02 / 14:07

North Korean Defectors, Libyans Indicted for ‘Kimchi Premium’ Crypto Trading

South Korean prosecutors have arrested a group of foreign nationals – comprising North Korean defectors and at least one Libyan national – over suspected “kimchi premium”-type crypto trading offenses.

01.02 / 17:29

Blockchain BTC Twitter Drugs Telegram Platform NOT S Korean Crackdown Has Not Dampened Youth’s Thirst for Bitcoin-powered Drug Dealing

Crypto-powered drug trading is still booming in South Korea – and a recent police crackdown on online bitcoin (BTC) and altcoin drug deals has done little to dampen the demand for web-traded narcotics.

31.01 / 13:57

Lowe's Target Binance scam S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses

South Korean police are probing a possible $8m crypto scam – after a group of 40 alleged victims complained they were tricked into buying a potentially worthless or non-existent cryptoasset.

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