North Korea Financial News

23.04 / 00:31

regulation sanctions US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea

The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from nonfungible token game Axie Infinity’s Ronin sidechain.

22.04 / 21:33

business Blockchain Technology Binance Sky Mavis Exploit Binance recovers $5.8M in funds connected to Ronin bridge exploit

Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group. Last month, the North Korean cyber-criminal group allegedly stole 173,600 Ether (ETH) and 25.5 million USD Coin (USDC), worth over $600 million at the time, belonging to Axie Infinity's Ronin bridge.

22.04 / 13:19

Target Binance Digital Bitcoin Sanctions threaten to cripple Russia's multibillion-dollar crypto industry

Sanctions imposed on Russia over the country's unprovoked invasion of Ukraine could hamper the growth of its multibillion-dollar crypto sector, according to experts.

22.04 / 03:49

business regulation Upbit controversy Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

The operator of South Korean crypto exchange Upbit, Dunamu, is facing pushback from regulators due to a controversial investment while authorities move to issue restrictions to stifle its monopolistic position.

21.04 / 18:29

UPS cryptocurrency AXY cryptocurrency news Cyber UN Body Coordinator Calls For Greater Focus On North Korea's Cyber Crimes

A UN body coordinator has sought greater focus on cyber crimes in North Korea

19.04 / 04:33

Blockchain FBI FBI and CSIA issue alert over North Korean cyberattacks on crypto targets

The Cybersecurity and Infrastructure Security Agency (CISA) and FBI have issued an alert on North Korean state-sponsored cyber threats that target blockchain companies in response to the Ronin Bridge hack last month.

18.04 / 16:21

defi Polygon Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits over the past week. MetaMask expanded its institutional offering by partnering with four institutional custodians, while Polygon has pledged to go carbon neutral.

18.04 / 14:41

regulation Developers Github suspends accounts of Russian developers linked to sanctioned firms

Major developer platform Github has reportedly blocked more than a dozen accounts of Russian developer's associated with organizations sanctioned by the United States government.

18.04 / 14:25

Ethereum Legal Jail Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?

Locking up crypto developers who stray into murky legal waters may become a more everyday occurrence in the years to come.

16.04 / 09:47

Blockchain Ethereum Sky Mavis US blames North Korean hackers for $625 million crypto heist

Ronin Network, owned by developer group Sky Mavis. The FBI has also attributed Lazarus Group to the Ronin security breach as the US Treasury Department updated sanctions to include the wallet address that received the funds and attributed it to the Lazarus group. «We are still in the process of adding additional security measures before redeploying the Ronin Bridge to mitigate future risk. Expect the bridge to be deployed by the end of month,» Ronin Network said in a statement late on Thursday.

16.04 / 09:01

cryptocurrency Crime North Korea hackers behind record $620-million crypto theft, says US

North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Thursday.

15.04 / 21:17

Blockchain Technology regulation privacy Tornado Cash OFAC Tornado Cash says it's using Chainalysis oracles to block access from OFAC sanctioned addresses

On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin Bridge exploit. As told by blockchain analytics firm Elliptic, the hackers have sent approximately $80.3 million worth of Ether (ETH) through Tornado Cash. "Maintaining financial privacy is essential to preserving our freedom; however, it should not come at the cost of non-compliance," said the Tornado Cash team.

15.04 / 11:11

Hack security Gaming lazarus North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI

The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach.

14.04 / 21:55

Ethereum NFT Cybercrime play-to-earn Sky Mavis lazarus North Korean Lazarus Group allegedly behind Ronin Bridge hack

The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) list was updated Thursday to reflect the possibility that North Korean cyber-criminal Lazarus Group was behind last month's hack of the Ronin Bridge, in which over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) was taken, Chainalysis announced by Twitter. The information was also confirmed by Ronin.

14.04 / 19:07

Provident Target Fighting Align White House will crack down on Russian attempts to evade sanctions, Biden security advisor says

WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn't able to evade punishing global sanctions for its war in Ukraine.

14.04 / 12:51

Blockchain Web3 Tokens P2E game release from Korean developer aims to break the barrier between game and reality

Video games have evolved significantly since their initial release in the 1970s. Following the Pong days, the world experienced unprecedented internet growth in the 2000s. In this time period, gaming developers were introduced to new business models, such as free-to-play, a staple of Web 2.0. With a free-to-play model, users were given access to their favorite games for free, with in-game assets costing money. Even for those who don't consider themselves gamers, this evolution presented the world with a new reality of continuous revenue for video game companies and lower barriers to entry for players.

13.04 / 10:01

Technology Court North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain technology in contravention of economic sanctions imposed by the United States.

12.04 / 18:13

business Adoption Crypto ‘en français’: ‘Cointelegraph France’ is now live

Cointelegraph is delighted to announce the launch of its French edition, Cointelegraph France, providing the latest cryptocurrency and blockchain news en français and marking another historic milestone in the publication’s global presence.

11.04 / 14:37

Ethereum Trading Asia Bitcoin MEXC Supporting startups is essential for every crypto business: Q&A with VP of MEXC exchange

Exchanges have long been more than just trading platforms: they’ve been used for fundraising, marketing promotion, brand exposure and more. Cointelegraph talked to Katherine Deng, VP of MEXC and founder of MEXC Pioneer, about the true role crypto exchanges are playing in the current crypto market and what else they can be doing.

07.04 / 16:52

business partnership Bitcoin events UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events

Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in Bitcoin (BTC).

07.04 / 02:37

Blockchain Platform Align Stealth This Stealth Web3 Game Community Platform Just Scored USD 34 Million Led By A Korean Online Giant

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

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