North Korean Crypto Heists: How Hackers Fund Pyongyang’s Missile Mania
In 2024, North Korean hackers swiped $660 million in cryptocurrency, according to a joint statement from the US, Japan, and South Korea. These digital heists are funding Pyongyang’s weapons programs, leaving the blockchain technology industry feeling more exposed than a giraffe at a limbo contest.
Hot Take:
Who knew cryptocurrency could be the secret sauce for international espionage? North Korea’s hackers are cashing in on digital gold to fuel their weaponry dreams. Watch out, Bitcoin, it seems like you’re not just for buying Teslas anymore!
Key Points:
- North Korean hackers stole $660 million in cryptocurrency in 2024.
- Stolen funds are allegedly used to support North Korea’s weapons programs.
- Major targets included DMM Bitcoin, Upbit, Rain Management, WazirX, and Radiant Capital.
- Advanced persistent threat groups like Lazarus Group are at the forefront.
- Warnings issued about North Korean fake IT workers and social engineering tactics.
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