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Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments. By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the…
A U.S. federal court has sentenced a Ukrainian man to five years in prison for his part in a long-running identity theft operation that helped overseas North Korean workers gain fraudulent employment at dozens of U.S. companies. U.S. prosecutors brought charges in 2024 against Oleksandr Didenko, 29, a resident of Kyiv, for setting up North…
Cybercriminals stole $2.7 billion in crypto this year, a new record for crypto-stealing hacks, according to blockchain-monitoring firms. Once again, in 2025, there were dozens of crypto heists hitting several cryptocurrency exchanges and other web3 and decentralized finance (DeFi) projects. The biggest hack by far was the breach at Dubai-based crypto exchange Bybit, where hackers…
Five people have pleaded guilty to helping North Koreans defraud U.S. companies by posing as remote IT workers, the U.S. Department of Justice announced on Friday. The five people are accused of working as “facilitators” who helped North Koreans get jobs by providing their own real identities, or false and stolen identities of more than…
Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group. Hackers attempted to infiltrate the account of Binance co-founder Changpeng “CZ” Zhao, signaling potential attacks from state-backed hacker groups, such as the North Korean Lazarus Group. “Government-backed attackers” were attempting to steal Zhao’s Google password, according…
Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…
A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June. A small team of North Korean IT workers — linked to a $680,000 crypto hack in June — have been using Google products and even renting computers to infiltrate crypto projects,…
The Venn Network team suspects the attack was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment. Crypto security researchers uncovered and neutralized a critical threat affecting thousands of smart contracts, potentially preventing more than $10 million in crypto from being stolen. On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in…
North Korean threat actors have been deploying malware through fake crypto job sites, targeting blockchain professionals to steal wallet credentials, Cisco Talos says. A North Korean-aligned threat actor has been targeting job seekers in the crypto industry with new malware that is designed to steal passwords for crypto wallets and password managers. Cisco Talos reported…
The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds…