Five Ways North Korea Breaks Into Crypto Firms—and How Binance Was Hacked
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North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds
$2.85 billion of the $6.43 billion stolen from Binance has been frozen or seized, compared with about 3% in the Bybit hack, as North Korea’s automated laundering spans 12,000 wallets.
North Korea linked to $6.3B Binance hack by crypto investigators
TRM Labs says it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same address.
Treasury Sanctions 11 Over North Korean IT Worker Scheme That Moved Millions in Crypto
Two Russian nationals converted more than $5 million in crypto for North Korean networks, according to OFAC, which listed their wallets.
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
Chainalysis traces North Korean crypto cash-outs through Garantex
The analysis followed US sanctions against 10 people and one entity accused of helping North Korean IT worker schemes fund weapons programs.
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.