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🚨🚨North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency🚨🚨
🚨🚨🚨🚨🚨🚨🚨🚨
The hacker group stole the funds over the last six years, which was likely used to fund the country's projects, a report said.
(Soohwan Oh, CoinDesk Korea) - North Korea-linked hacker organization Lazarus Group has stolen $3 billion in cryptocurrency over the past six years, according to a report by cybersecurity firm Recorded Future.
The report released on Thursday reveals that in 2022 alone, the group plundered $1.7 billion in cryptocurrency, likely to fund North Korean projects.
Blockchain data analysis firm Chainalysis indicates that out of this total, $1.1 billion was stolen from decentralized finance (DeFi) platforms. A September report published by the U.S. Department of Homeland Security (DHS) as part of its Analytic Exchange Program (AEP) also highlighted Lazarus's exploitation of DeFi protocols.
The U.S. Treasury Department introduced new sanctions against North Korea's cyber activities, adding 'Sinbad' to the Office of Foreign Assets Control's specially designated sanctions list. Sinbad has been implicated in laundering the cryptocurrencies stolen by the Lazarus Group.
The group is known to have used Sinbad's mixer services to hide the origins of the stolen funds. Such mixers obscure individual transaction trails by blending multiple users' transactions.
Lazarus Group's specialty is fund theft. In 2016, they hacked the Bangladesh Central Bank, stealing $81 million. In 2018, they hacked the Japanese cryptocurrency exchange Coincheck, diverting $530 million, and attacked the Central Bank of Malaysia, stealing $390 million.
🚨🚨🚨🚨🚨🚨🚨🚨
The hacker group stole the funds over the last six years, which was likely used to fund the country's projects, a report said.
(Soohwan Oh, CoinDesk Korea) - North Korea-linked hacker organization Lazarus Group has stolen $3 billion in cryptocurrency over the past six years, according to a report by cybersecurity firm Recorded Future.
The report released on Thursday reveals that in 2022 alone, the group plundered $1.7 billion in cryptocurrency, likely to fund North Korean projects.
Blockchain data analysis firm Chainalysis indicates that out of this total, $1.1 billion was stolen from decentralized finance (DeFi) platforms. A September report published by the U.S. Department of Homeland Security (DHS) as part of its Analytic Exchange Program (AEP) also highlighted Lazarus's exploitation of DeFi protocols.
The U.S. Treasury Department introduced new sanctions against North Korea's cyber activities, adding 'Sinbad' to the Office of Foreign Assets Control's specially designated sanctions list. Sinbad has been implicated in laundering the cryptocurrencies stolen by the Lazarus Group.
The group is known to have used Sinbad's mixer services to hide the origins of the stolen funds. Such mixers obscure individual transaction trails by blending multiple users' transactions.
Lazarus Group's specialty is fund theft. In 2016, they hacked the Bangladesh Central Bank, stealing $81 million. In 2018, they hacked the Japanese cryptocurrency exchange Coincheck, diverting $530 million, and attacked the Central Bank of Malaysia, stealing $390 million.
🔴INSIDER UPDATE
FTX approved to start selling $744 million in Grayscale assets
FTX approved to start selling $744 million in Grayscale assets
$XRP XRP News: SEC Faces Sanctions Amid Legal Battles with Ripple – Insights and Forecast
By:Bob Mason
Published: Dec 2, 2023, 01:42 UTC•3min
XRP News
XRPUSD – 021223 – FX Empire
The US Courts continue to find fault with the SEC and its quest against the crypto space. Yet, US lawmakers appear unfazed by the negative media.
Key Insights:
XRP gained 1.07% on Friday, ending the session at $0.6129.
SEC gets more bad press from another case against a crypto platform illegally selling securities.
Optimism toward a crypto-spot ETF market drove buyer demand for crypto assets on Friday
By:Bob Mason
Published: Dec 2, 2023, 01:42 UTC•3min
XRP News
XRPUSD – 021223 – FX Empire
The US Courts continue to find fault with the SEC and its quest against the crypto space. Yet, US lawmakers appear unfazed by the negative media.
Key Insights:
XRP gained 1.07% on Friday, ending the session at $0.6129.
SEC gets more bad press from another case against a crypto platform illegally selling securities.
Optimism toward a crypto-spot ETF market drove buyer demand for crypto assets on Friday
BTC short
✅entry 38900 to 39050
<√ leverage 10-20
Scalping
√ 1. target 38700
√2 . target 38683
profit 30% to 50%
short term Bearish
long term neutral
( , it has financial risk, entry at ur own risk)
✅entry 38900 to 39050
<√ leverage 10-20
Scalping
√ 1. target 38700
√2 . target 38683
profit 30% to 50%
short term Bearish
long term neutral
( , it has financial risk, entry at ur own risk)
🟢 FLUX Market Analysis
On daily timeframe level the price action of FLUX formed out Descending Triangle pattern level where the price action bounced back from its Horizontal Support level marked between the $0.4671 - $0.3886 level
The price action shows teh strength level which can squeezed out its Previous Liquidity Region level
#crypto
On daily timeframe level the price action of FLUX formed out Descending Triangle pattern level where the price action bounced back from its Horizontal Support level marked between the $0.4671 - $0.3886 level
The price action shows teh strength level which can squeezed out its Previous Liquidity Region level
#crypto
