Radiant Capital Says North Korean Hackers Behind $50 Million Attack in October
Hackers gained access to a developer’s computer by posing as a former contractor.
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Hackers gained access to a developer’s computer by posing as a former contractor.
The new dashboard by Dune reveals funds lost in over 5,500 blockchain-based scams, exploits, and attacks.
Last week, CoinDesk’s Sam Kessler reported that developers and IT workers employed by the Democratic People’s Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.
Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi.
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.
Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.
The crypto was stolen by Lazarus hackers from three crypto companies in June and July last year.
More than $1.6 billion has been lost to hacks and rug pulls on BNB Chain since 2017, making it the primary target for criminals, Immunefi said.
“Once you get hacked in most of the cases you’re done,” CEO Dadosh said. “And this is what we’re trying to prevent.”
Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the new information-sharing and analysis center for crypto firms.