North Korea

U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi

In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber...

By CoinDesk Inc

Apr 6, 2023 at 5:48 p.m. UTC

Apr 6, 2023

DeFicdtvNorth KoreaHash clip

North Korea Hackers Likely Exploit Cloud Mining Services to Launder Stolen Crypto: Mandiant Research

Video

Cdtv

North Korea Hackers Likely Exploit Cloud Mining Services to Launder Stolen Crypto: Mandiant Research

North Korean hacker group APT43 probably uses cloud mining services to launder stolen crypto, according to research by Google-owned cybersecurity firm Mandiant. "The Hash" dis...

By CoinDesk Inc

Mar 29, 2023 at 4:53 p.m. UTC

Mar 29, 2023

cdtvGoogleNorth KoreaHash clipHackerApt43Mandiant

Technology

Hacker

North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows

The APT43 group steals crypto to fund operations and launders it through cloud mining services.

By Eliza Gkritsi

Mar 28, 2023 at 3:00 p.m. UTC

Mar 28, 2023

HackerNorth KoreaSouth KoreaBitcoin MiningMining CentersCloud

North Korean Leader Kim Jong Un (Getty Images)

Finance

Analysis

Hacker vs. Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say

An unlikely exchange played out on the Ethereum blockchain, sparking confusion and alarm.

By Elizabeth Napolitano Sage D. Young

Mar 21, 2023 at 11:40 p.m. UTC

Mar 21, 2023

AnalysisEuler FinanceLazarus groupNorth Korea

Markets

Euler finance

Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group

Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.

By Sam Reynolds

Mar 17, 2023 at 6:07 a.m. UTC

Mar 17, 2023

Euler FinanceEulerLazarus groupNorth Korea

Elizabeth Rosenberg (Kevin Dietsch/Getty Images)

Policy

Regulations

U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance

The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.

By Jesse Hamilton

Mar 14, 2023 at 8:05 p.m. UTC

Mar 14, 2023

RegulationsTreasury DepartmentDeFiillicit financeNorth KoreaUS

Dutch Prosecutors Now Have Access to Tornado Cash Developer's Computer

Video

Cdtv

Dutch Prosecutors Now Have Access to Tornado Cash Developer's Computer

Dutch prosecutors investigating Tornado Cash developer Alexey Pertsev have recently gained access to his laptop and are now using the data to probe key features of the case, i...

By CoinDesk Inc

Feb 16, 2023 at 5:45 p.m. UTC

Feb 16, 2023

cdtvNorth KoreaHash clipTornado CashAlexey PertsevDutch