#north korea
13 articles found
Latest
North Korea stores malware in blockchain smart contracts
North Korean hackers have started using EtherHiding, a blockchain-based technique, to distribute malware and steal cryptocurrency, according to Google's Threat Intelligence Group. The group identified as UNC5342 represents the first nation-state actor observed using this method. 
North Korean hackers are now leveraging artificial intelligence to orchestrate more complex cyberattacks targeting military, infrastructure, and financial entities, including crypto projects. This advancement has been acknowledged by AI developer OpenAI, Microsoft, and the South Korean government, which consistently monitors attempts to infiltrate its public sector employees. 
Former Ethereum Developer Sentenced for Attending North Korean Blockchain Conference
Virgil Griffith, a former developer at the Ethereum Foundation, landed in hot water.
Following his decision to travel to North Korea in 2019 to attend the Pyongyang Blockchain and Cryptocurrency Conference, he was indicted for the violation of the International Emergency Economic Powers Act. 
North Korean hackers have infiltrated two South Korean companies involved in chip manufacturing, including those used in artificial intelligence technologies. The South Korean National Intelligence Service has not disclosed the full scale of the breach but confirmed the theft of numerous blueprints of products and manufacturing facilities. 
A recent investigation into ThorSwap, a platform enabling asset transfers across blockchains, raises concerns about its misuse by hackers from North Korea and russia. In the last four months, more than 50% of ETH converted to BTC through ThorSwap has been linked to either previous thefts via exploits or money laundering activities. The study's author highlights that criminal entities often exploit decentralized technologies. However, many developers seem to overlook this issue. White House Reports: Crypto Theft Fund North Korea Missiles
A White House official has disclosed that nearly half of North Korea's missile program funding is obtained through cyberattacks and cryptocurrency theft. Anne Neuberger, Deputy National Security Adviser for Cyber and Emerging Technology, stated that the U.S. government is working diligently to comprehend how North Korea continues to be highly inventive in the cyber domain. North Korea Accused of Carrying Out the Ronin Crypto Heist
North Korea is once again in the loop.
Last week, Virgil Griffith, the former developer at the Ethereum Foundation, was arrested and fined for attending a blockchain conference in Pyongyang in 2019, where he explained how the country could avoid international sanctions. 1 - 13 of 13 results