TRM Labs estimates North Korean hackers have stolen over $2 billion of cryptocurrency since 2018.
, with North Korean hackers collectively stealing around $800 million in three separate attacks in 2022 alone.
TRM Labs notes that North Korean hackers have become more industrious with on-chain laundering methods. In the past, cryptocurrency exchanges had been used to cash out stolen cryptocurrency, but this has evolved into highly complex “multi-stage money laundering processes.” Data visualization of the Atomic Wallet hack carried out by North Korean hackers in June 2023. Source: TRM Labs
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korean hackers stole over $180 million in crypto during H1 2023: reportSouth Korea’s official intelligence agency said North Korean hackers remain a threat, local media reported.
Read more »
U.S., Japan and South Korea to reveal new joint defenses against Chinese and North Korean MissilesAn upcoming summit at Camp David, Md. could produce a dramatic improvement in relations between Tokyo and Seoul after years of strain stemming from Japan’s colonial occupation of Korea.
Read more »
North Korea prepares weapons tests, may launch spy satellite, South Korean spy agency saysA spy agency in South Korea said that North Korea is preparing to conduct more weapons tests and may even attempt to launch a satellite for military reconnaissance.
Read more »
North Korea is preparing for a new round of weapons tests, South Korean spy agency saysSouth Korea’s spy service has told lawmakers that North Korea is preparing for a new round of provocative weapons tests as it ramps up illicit activities to support its fragile economy
Read more »
North Korea is preparing for a new round of weapons tests, South Korean spy agency saysSouth Korea’s spy service has told lawmakers that North Korea is preparing for a new round of provocative weapons tests as it ramps up illicit activities to support its fragile economy.
Read more »
Kim Jong Un stealing deceased grandfather’s political title, North Korean observers sayNorth Korean dictator Kim Jong Un has adopted the prestigious title of 'Great President' of the ruling party in recent months, according to observers.
Read more »