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UN: Half of North Korea's foreign currency income comes from cyberattacks
About half of North Korea's foreign currency income comes from cyberattacks, including on cryptocurrency companies. Yonhap writes about this with reference to a report by the UN Security Council.
According to the organization’s calculations, from 2017 to 2023, North Korean hackers caused damage equivalent to $3 billion. These funds were subsequently used
to finance the development of weapons of mass destruction.
These estimates are consistent with previously presented calculations by Recorded Future specialists, as well as with the findings of The Wall Street Journal.
Although the UN report itself has no authority, the global security body may impose additional sanctions on North Korea, the Nikkei newspaper writes.
#UN #hackattack #news #CryptoNews #Hackers
About half of North Korea's foreign currency income comes from cyberattacks, including on cryptocurrency companies. Yonhap writes about this with reference to a report by the UN Security Council.
According to the organization’s calculations, from 2017 to 2023, North Korean hackers caused damage equivalent to $3 billion. These funds were subsequently used
to finance the development of weapons of mass destruction.
These estimates are consistent with previously presented calculations by Recorded Future specialists, as well as with the findings of The Wall Street Journal.
Although the UN report itself has no authority, the global security body may impose additional sanctions on North Korea, the Nikkei newspaper writes.
#UN #hackattack #news #CryptoNews #Hackers
🆘 Hack attack on Multichain (MULTI), Roughly $126M in assets have been transferred to multiple wallets.
#hackattack #multichain
#hackattack #multichain
⚠️⚠️⚠️⚠️☠️☠️☠️☠️⚠️⚠️⚠️⚠️⚠️⚠️
Alert Alert 🚨🚨🚨🚨🚨🚨🚨
🚨$10M Lost in Wallet Hack! Hackers on the prowl🚨💥
While you labour to make sterling gains from crypto, hackers are out there hunting to steal it.😳
In a recent incident, a wallet hack led to a loss of $10 million💵. The founders are assuring users about the security of the chain.
In a recent security breach, Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the popular Axie Infinity game, fell victim to a wallet hack, resulting in a loss of over $10 million. Here's a breakdown of the key details:
What Happened: Zirlin confirmed that two of his personal wallets were compromised in the hacking incident.
Chain Integrity:
Despite the breach, Zirlin assured users that the Ronin sidechain, which hosts Axie Infinity, remains secure and unaffected by the attack.
Scope of Attack:
Blockchain security firm PeckShield revealed that a significant "whale wallet" was targeted, raising speculation about the security of the Ronin Bridge. Approximately 3,248 ETH, equivalent to $9.7 million, was illegally withdrawn and transferred to the crypto mixer Tornado Cash.
Isolated Incident:
Zirlin's counterpart, Aleksander Leonard Larsen, emphasized that the Ronin Bridge maintains robust security measures and that the compromised wallet was an isolated incident, similar to occurrences on other blockchain networks.
Overall Crypto Security Trends:
In 2023, the crypto space saw over 600 major hacks, resulting in $2.61 billion in losses, according to PeckShield. However, there was a 27.8% decrease in crypto hacks and scams compared to the previous year.
Despite this setback, the founders are working diligently to address the issue and ensure the ongoing security of the Axie Infinity ecosystem.
What are your thoughts on this situation?
#Write2Earn #BTC
#TrendingTopic #TradeNTell
#hackattack
Alert Alert 🚨🚨🚨🚨🚨🚨🚨
🚨$10M Lost in Wallet Hack! Hackers on the prowl🚨💥
While you labour to make sterling gains from crypto, hackers are out there hunting to steal it.😳
In a recent incident, a wallet hack led to a loss of $10 million💵. The founders are assuring users about the security of the chain.
In a recent security breach, Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the popular Axie Infinity game, fell victim to a wallet hack, resulting in a loss of over $10 million. Here's a breakdown of the key details:
What Happened: Zirlin confirmed that two of his personal wallets were compromised in the hacking incident.
Chain Integrity:
Despite the breach, Zirlin assured users that the Ronin sidechain, which hosts Axie Infinity, remains secure and unaffected by the attack.
Scope of Attack:
Blockchain security firm PeckShield revealed that a significant "whale wallet" was targeted, raising speculation about the security of the Ronin Bridge. Approximately 3,248 ETH, equivalent to $9.7 million, was illegally withdrawn and transferred to the crypto mixer Tornado Cash.
Isolated Incident:
Zirlin's counterpart, Aleksander Leonard Larsen, emphasized that the Ronin Bridge maintains robust security measures and that the compromised wallet was an isolated incident, similar to occurrences on other blockchain networks.
Overall Crypto Security Trends:
In 2023, the crypto space saw over 600 major hacks, resulting in $2.61 billion in losses, according to PeckShield. However, there was a 27.8% decrease in crypto hacks and scams compared to the previous year.
Despite this setback, the founders are working diligently to address the issue and ensure the ongoing security of the Axie Infinity ecosystem.
What are your thoughts on this situation?
#Write2Earn #BTC
#TrendingTopic #TradeNTell
#hackattack
🚨$10M Lost in Wallet Hack! Hackers on the prowl🚨💥
While you labour to make sterling gains from crypto, hackers are out there hunting to steal it.😳
In a recent incident, a wallet hack led to a loss of $10 million💵. The founders are assuring users about the security of the chain.
In a recent security breach, Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the popular Axie Infinity game, fell victim to a wallet hack, resulting in a loss of over $10 million. Here's a breakdown of the key details:
What Happened: Zirlin confirmed that two of his personal wallets were compromised in the hacking incident.
Chain Integrity: Despite the breach, Zirlin assured users that the Ronin sidechain, which hosts Axie Infinity, remains secure and unaffected by the attack.
Scope of Attack: Blockchain security firm PeckShield revealed that a significant "whale wallet" was targeted, raising speculation about the security of the Ronin Bridge. Approximately 3,248 ETH, equivalent to $9.7 million, was illegally withdrawn and transferred to the crypto mixer Tornado Cash.
Isolated Incident: Zirlin's counterpart, Aleksander Leonard Larsen, emphasized that the Ronin Bridge maintains robust security measures and that the compromised wallet was an isolated incident, similar to occurrences on other blockchain networks.
Overall Crypto Security Trends: In 2023, the crypto space saw over 600 major hacks, resulting in $2.61 billion in losses, according to PeckShield. However, there was a 27.8% decrease in crypto hacks and scams compared to the previous year.
Despite this setback, the founders are working diligently to address the issue and ensure the ongoing security of the Axie Infinity ecosystem.
What are your thoughts on this situation?
#Write2Earn
#TrendingTopic
#CryptoSecurity
#axs
#hackattack
While you labour to make sterling gains from crypto, hackers are out there hunting to steal it.😳
In a recent incident, a wallet hack led to a loss of $10 million💵. The founders are assuring users about the security of the chain.
In a recent security breach, Jeffrey Zirlin, co-founder of Sky Mavis, the company behind the popular Axie Infinity game, fell victim to a wallet hack, resulting in a loss of over $10 million. Here's a breakdown of the key details:
What Happened: Zirlin confirmed that two of his personal wallets were compromised in the hacking incident.
Chain Integrity: Despite the breach, Zirlin assured users that the Ronin sidechain, which hosts Axie Infinity, remains secure and unaffected by the attack.
Scope of Attack: Blockchain security firm PeckShield revealed that a significant "whale wallet" was targeted, raising speculation about the security of the Ronin Bridge. Approximately 3,248 ETH, equivalent to $9.7 million, was illegally withdrawn and transferred to the crypto mixer Tornado Cash.
Isolated Incident: Zirlin's counterpart, Aleksander Leonard Larsen, emphasized that the Ronin Bridge maintains robust security measures and that the compromised wallet was an isolated incident, similar to occurrences on other blockchain networks.
Overall Crypto Security Trends: In 2023, the crypto space saw over 600 major hacks, resulting in $2.61 billion in losses, according to PeckShield. However, there was a 27.8% decrease in crypto hacks and scams compared to the previous year.
Despite this setback, the founders are working diligently to address the issue and ensure the ongoing security of the Axie Infinity ecosystem.
What are your thoughts on this situation?
#Write2Earn
#TrendingTopic
#CryptoSecurity
#axs
#hackattack
🚨 MicroStrategy's X account was HACKED, misleading followers with a fake #MSTR token promo!
Victims lost $440K+ after linking wallets, per ZachXBT. The fraudulent post, now deleted, falsely promised low gas fees & backing by MicroStrategy's $BTC reserves.
#MicroStrategy #MicroStrategyBTC #CryptoHack #hackattack
Victims lost $440K+ after linking wallets, per ZachXBT. The fraudulent post, now deleted, falsely promised low gas fees & backing by MicroStrategy's $BTC reserves.
#MicroStrategy #MicroStrategyBTC #CryptoHack #hackattack
LIVEWEB3 UNFOLDED
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Ripple Co-Founder Chris Larsen Hacked For $112 Million
Several crypto accounts of Chris Larsen, executive chairman and co-founder of Ripple, have been hacked with an estimated theft of $112 million dollars.
This was reported by Chris Larsen in a post on X:
“Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to catch the problem and notify exchanges to freeze the affected addresses. Law enforcement is already involved.”
Larsen assured that the self-reported “isolated incident” had not compromised Ripple’s wallets, targeting only personal accounts belonging to him. The statement was later confirmed by Brad Garlinghouse, Chief Executive Officer at Ripple. On his X page, he stated:
“Given some irresponsible speculation and reporting, I want to reiterate that NO Ripple-managed wallets were compromised. Full stop.”
Further clarity was provided by Thomas Silkjær, Head of Analytics and Compliance at the XRP Ledger Foundation. According to his post for X, the crypto exchange WhiteBIT warned the company about suspicious activity on the accounts. The sharpness of the exchange’s AML department spurred Ripple to kick in the investigation, the details of which remain undisclosed.
We received a tip yesterday from WhiteBIT of suspicious deposits, which led to unravelling a huge network of accounts involved in this case. We alerted Chris as soon as we realised what was going on and have worked tirelessly for the past 18+ hours, collaborating with our good friends at GateHub (Ziga Karic). (...) I can however reiterate (as usual) that some exchanges are much more responsive than others. Thanks for the collaboration.
XRP Theft Rate Counts Up To $112 million
While the investigation outcomes remain non-disclosed, the fact of hacking has been previously reported by on-chain analyst Zach XBT, claiming that the Ripple wallets have been hacked for 213 million XRP, equivalent to $112.5 million. His initial suggestion was later denied by him, confirming that Larsen’s private keys were compromised, not the Ripple’s itself, adding the sarcastic comment: “Totally completely separate entities..wink wink”.
This statement seemingly refers to the U.S. Security and Exchange Commission’s (SEC) past allegations towards Ripple. Specifically, the agency previously claimed that Chris Larsen and Brad Garlinghouse held 20 million XRP tokens at an early date and engaged in unregistered personal token sales alongside Ripple’s corporate distribution. Ripple was partially cleared of the charges, as all the allegations against both executives were dropped in 2023.
Notably, ZachXBT reported that the stolen funds have been laundered through several cryptocurrency exchanges, including Binance, Kraken, OKX, HTX, Gate, MEXC, and HitBTC. The companies have not yet commented on the incident, nor shed any light on the alleged inner investigations.
Theft token distribution scheme. Source: ZachXBT/X
Meanwhile, XRP has decreased by 3% amidst the fact of theft, trading for $0.4975 as of time of the report.
#ripple #xrp
$XRP
This was reported by Chris Larsen in a post on X:
“Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to catch the problem and notify exchanges to freeze the affected addresses. Law enforcement is already involved.”
Larsen assured that the self-reported “isolated incident” had not compromised Ripple’s wallets, targeting only personal accounts belonging to him. The statement was later confirmed by Brad Garlinghouse, Chief Executive Officer at Ripple. On his X page, he stated:
“Given some irresponsible speculation and reporting, I want to reiterate that NO Ripple-managed wallets were compromised. Full stop.”
Further clarity was provided by Thomas Silkjær, Head of Analytics and Compliance at the XRP Ledger Foundation. According to his post for X, the crypto exchange WhiteBIT warned the company about suspicious activity on the accounts. The sharpness of the exchange’s AML department spurred Ripple to kick in the investigation, the details of which remain undisclosed.
We received a tip yesterday from WhiteBIT of suspicious deposits, which led to unravelling a huge network of accounts involved in this case. We alerted Chris as soon as we realised what was going on and have worked tirelessly for the past 18+ hours, collaborating with our good friends at GateHub (Ziga Karic). (...) I can however reiterate (as usual) that some exchanges are much more responsive than others. Thanks for the collaboration.
XRP Theft Rate Counts Up To $112 million
While the investigation outcomes remain non-disclosed, the fact of hacking has been previously reported by on-chain analyst Zach XBT, claiming that the Ripple wallets have been hacked for 213 million XRP, equivalent to $112.5 million. His initial suggestion was later denied by him, confirming that Larsen’s private keys were compromised, not the Ripple’s itself, adding the sarcastic comment: “Totally completely separate entities..wink wink”.
This statement seemingly refers to the U.S. Security and Exchange Commission’s (SEC) past allegations towards Ripple. Specifically, the agency previously claimed that Chris Larsen and Brad Garlinghouse held 20 million XRP tokens at an early date and engaged in unregistered personal token sales alongside Ripple’s corporate distribution. Ripple was partially cleared of the charges, as all the allegations against both executives were dropped in 2023.
Notably, ZachXBT reported that the stolen funds have been laundered through several cryptocurrency exchanges, including Binance, Kraken, OKX, HTX, Gate, MEXC, and HitBTC. The companies have not yet commented on the incident, nor shed any light on the alleged inner investigations.
Theft token distribution scheme. Source: ZachXBT/X
Meanwhile, XRP has decreased by 3% amidst the fact of theft, trading for $0.4975 as of time of the report.
#ripple #xrp
$XRP
#ripple Labs, the company behind the #xrp cryptocurrency, has been hit by a major #hackattack . The company said that 2.13 Million XRP, worth about $1.12 Million, had been stolen from its hot wallet.
As a result of the news, XRP's price on Binance suddenly plunged by 4%, but quickly recovers. $XRP
As a result of the news, XRP's price on Binance suddenly plunged by 4%, but quickly recovers. $XRP
See original
Losses from hacker attacks increased by 666%
Losses from hacking attempts for January-March 2024 increased by 42% compared to the first quarter of 2023. Fraudsters are quickly adapting and increasingly changing their methods of stealing funds, choosing the most vulnerable platforms and clients’ crypto-wallets, PeckShield experts lament.
Analysts emphasize that hackers are abandoning the search for vulnerabilities in smart contracts and are focusing on phishing attacks and stealing users’ private keys.
Criminals have been distancing themselves from smart contract hacking for a long time, and as a result, losses from such attacks in 2023 decreased by 92% compared to 2022: from $2.6 billion to $179 million.
Now the main problem is the leakage of private keys, and the increased activity of hackers is caused by the bullish trend in the cryptocurrency market, since an increase in the value of assets leads to an increase in possible benefits in the event of a successful hack, PeckShield states.
#hackattack #hacker #TopCoinsJune2024 #EarnFreeCrypto2024 #ETFvsBTC
Losses from hacking attempts for January-March 2024 increased by 42% compared to the first quarter of 2023. Fraudsters are quickly adapting and increasingly changing their methods of stealing funds, choosing the most vulnerable platforms and clients’ crypto-wallets, PeckShield experts lament.
Analysts emphasize that hackers are abandoning the search for vulnerabilities in smart contracts and are focusing on phishing attacks and stealing users’ private keys.
Criminals have been distancing themselves from smart contract hacking for a long time, and as a result, losses from such attacks in 2023 decreased by 92% compared to 2022: from $2.6 billion to $179 million.
Now the main problem is the leakage of private keys, and the increased activity of hackers is caused by the bullish trend in the cryptocurrency market, since an increase in the value of assets leads to an increase in possible benefits in the event of a successful hack, PeckShield states.
#hackattack #hacker #TopCoinsJune2024 #EarnFreeCrypto2024 #ETFvsBTC
$AMB GOT HACKED! 🚨😱 Here What Happened 👇
AirDAO (AMB) recently fell victim to a security breach, which saw a massive amount of AMB and ETH stolen from its Uniswap pool! Precisely, hackers have been feast on 35.2 million AMB and 125.51 ETH; that's an equivalent of 863'000 Dollars. BUT HOW IT HAPPENED?! The attackers used a sophisticated social engineering scam, tricking AirDAO into clicking on malicious email attachments pretending to be trusted partners. So, the stolen funds were quickly moved to various decentralized exchanges to cash out. Thanks to AirDao liquidity its price is under control and in addition it offers a 10% reward for the return of the stolen funds!
STAY SAFE! 🙏
#hackattack #HackerAlert #LatestNews #Airdao
AirDAO (AMB) recently fell victim to a security breach, which saw a massive amount of AMB and ETH stolen from its Uniswap pool! Precisely, hackers have been feast on 35.2 million AMB and 125.51 ETH; that's an equivalent of 863'000 Dollars. BUT HOW IT HAPPENED?! The attackers used a sophisticated social engineering scam, tricking AirDAO into clicking on malicious email attachments pretending to be trusted partners. So, the stolen funds were quickly moved to various decentralized exchanges to cash out. Thanks to AirDao liquidity its price is under control and in addition it offers a 10% reward for the return of the stolen funds!
STAY SAFE! 🙏
#hackattack #HackerAlert #LatestNews #Airdao
