Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could...
Tag: Korean
Tesla Lures $2.8 Billion From Korean Day Traders Amid Stock Drop
(Bloomberg) — South Korean retail investors have bought a net $2.8 billion worth of Tesla Inc. stock this year amid the electric-vehicle maker’s worst slump on record. Most Read from Bloomberg D...
North Korean Hacking Group Steals Millions Posing as Japanese VCs And Banks
This December 27, Kaspersky Lab announced that the North Korean hacking group ‘BlueNoroff’ stole millions of dollars in cryptocurrencies after creating more than 70 fake domains and impersonating bank...
North Korean hackers are pretending to be crypto VCs in new phishing scheme: Kaspersky
BlueNoroff, part of the North Korean state-sponsored Lazarus Group, has renewed its targeting of venture capital firms, crypto startups and banks. Cybersecurity lab Kaspersky reported that the group h...
North Korean Hackers Ran Off With NFTs Using 500 Distinct Phishing Domains
An advanced persistent threat(APT) group from North Korea has wiped out more than 1,000 NFTs from victims of phishing attacks and made 300ETH. As per a recent twitter post of SlowMist it is noted th...
SlowMist investigation of North Korean APT shows huge phishing threats on the NFT
SlowMist has reported that a hacker group recently conducted a phishing attack from North Korea.SlowMist was established in 2018 as a blockchain security firm. It provides services such as security au...
North Korean hackers stealing NFTs using nearly 500 phishing domains
Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims. Bl...
Suspected North Korean hacker made $365,000 from 1,055 stolen NFTs: Report
A wallet address associated with a suspected North Korean APT Group stole more than 1,000 NFTs from victims of phishing attacks and made 300 ETH ($365,000) from their sale, according to a report by bl...
North Korean Hackers Have Stolen Over $1,200,000,000 in Crypto Assets: Report
North Korean hackers are reportedly stealing more than $1.2 billion worth of cryptocurrencies over the past five years. According to the Associated Press, South Korea’s main spy agency, the National I...
North Korean Hackers Accused of Stealing $1.2 Billion in Crypto Funds
Alex Dovbnya Crypto-related criminal activities are being used as a highly profitable yet risk-free method for North Korea to gin up more cash Over the last five years, North Korean cybercriminals hav...
North Korean hacking activity ceases after regulators implement KYC: Report
According to a new report published by South Korea’s National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies fro...
North Korean hackers stole $1.2B of crypto over the last five years
North Korean hackers have stolen around $1.2 billion in cryptocurrency and other virtual assets over the past five years, most of which were stolen in 2021 alone. A report by the Daily Mail cites an i...
North Korean hackers reportedly stole $1.2B in crypto since 2017
South Korea’s National Intelligence Agency (NIS) reportedly revealed that state-sponsored North Korean hackers stole $1.2 billion worth of crypto assets in the last five and a half years and the count...
South Korean Prosecutors Freeze $93M of Terra Luna Profits
The Seoul Southern District court in South Korea ruled on Dec. 20, 2022, that prosecutors could freeze the assets of seven parties with links to the Terra Luna ecosystem. According to a local Korean p...
North Korean hackers send malicious app on Telegram to lure crypto
The North Korean hackers persuade people on Telegram to download ‘crypto storages’ that are infected with malware to steal their funds. Microsoft issued a warning on the matter. How attackers invade T...
FTX used ‘weird Korean account’ to mask Alameda liabilities, CFTC says
Former CEO of FTX Sam Bankman-Fried directed company executives to reallocate Alameda Research’s large liability with the exchange to “the weird Korean account” to mask its liability...
Terra Founder’s Location Becoming Clearer by South Korean Reports
10 mins ago | 2 mins read Exchange News The Ministry of Justice of South Korea has requested investigative assistance from the Serbian government. Interpol allegedly issued a “Red Notice” against Kwon...
The 20 Best Korean Dramas Of 2022
Park Eun-bin portrayed the lovable Woo Young-woo in ‘Extraordinary Attorney Woo.’ Netflix So many more dramas, so little time. International audiences had more Korean dramas to choose from...
Wemix delisting saga continues at South Korean court
A court in South Korea has supported the decision of local exchanges to delist Wemade’s Wemix (WEMIX) tokens, dismissing Wemade’s request to cancel the delisting. The Seoul Central District Court rule...
Waves’ USDN Stablecoin Depegs, Korean Regulator Issues Warning
Algorithmic stablecoin Neutrino Dollar (USDN) has depegged from the dollar once again, marking the fifth time that USDN has had trouble maintaining its dollar peg this year. The Waves-backed stablecoi...
North Korean Lazarus Group is targeting crypto funds with a new spin on an old trick
Microsoft reports that a threat actor has been identified targeting cryptocurrency investment startups. A party Microsoft has dubbed DEV-0139 posed as a cryptocurrency investment company on Telegram a...
North Korean Lazarus Group Linked to New Cryptocurrency Hacking Scheme – Security Bitcoin News
The Lazarus group, a North Korean hacking organization previously linked to criminal activity, has been connected to a new attack scheme to breach systems and steal cryptocurrency from third parties. ...
South Korean Judge Throws Out Arrest Warrant for Terra Founder Do Kwon’s Associates: Report
A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates. According to a new report by local publication Yonhap News, Hong Jin-Pyo, t...
S. Korean court rejects arrest warrant for Terra co-founder Shin
Some in the crypto community argue that the crash of Terra LUNA and UST opened up crypto for a fall. They are not wrong. Since the collapse of Terra, the crypto community has been on a downward spiral...
South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates
A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong along with those of 3 Terra investors and 4 developers. According to an Dec...
South Korean Court Dismisses Terra Co-founder’s Arrest Warrant
9 seconds ago | 2 mins read Altcoin News The Court rejected the prosecutors’ arrest warrant of Terra officials including co-founder Daniel Shin. The court opted to reject the arrest order of people wh...