Lazarus Hacking Group News

Web3 security experts consider North Korea’s Lazarus Group the most prominent and sophisticated threat to the crypto industry in 2024.

Chainalysis reported a 29% decline in crypto money laundering activity in 2023 as U.S. authorities and other world governments sanctioned mixing services.

Bad actors from the Democratic People’s Republic of Korea (DPRK) masterminded a third of all crypto hacks deployed throughout last year, said a Jan. 5 report from TRB Labs. 

Lazarus group orchestrated nearly 17% of all crypto hacks throughout 2023, mainly targeting centralized platforms like exchanges.

While not much is known about the Lazarus Group, researchers have attributed numerous cyber attacks to them over the past decade, as well as ties to Russia.

Hackers have stolen $37.3 million from CoinsPaid, leading to a significant loss for the company. Its CEO shared with crypto.news the lessons learned and the steps taken following the cyberattack.

On-chain data points to North Korea’s Lazarus group, which also exploited Stake, as the culprits behind a $54 million hack on crypto exchange CoinEx

Tornado Cash co-founders Roman Storm, Roman Semenov, and Alexey Pertsev are accused of helping criminals launder millions of dollars worth of stolen crypto

South Korea plans new legislation and a cybersecurity committee to combat North Korean crypto theft and strengthen digital defenses

The US Federal Bureau of Investigation (FBI) has identified six Bitcoin (BTC) wallets with over 1,500 BTC that’s reportedly connected to the Lazarus Group, a hacking group allegedly sponsored by the Democratic People’s Republic of North Korea (DPRK).  Lazarus Group,…

Microsoft has uncovered malicious code from a threat actor called DEV-0139 that could remotely access the victim's computer.