North Korean Hackers Amass $180 Million in Cryptocurrency in 2023 So Far

2023/08/18 14:31

The National Intelligence Service (NIS) of South Korea reveals that North Korean hackers have secured over $180 million in cryptocurrency during the first half of this year, further adding to the alleged total of $1.5 billion in virtual assets stolen since 2015.

The NIS states that information from around 1,000 local credit card accounts has been compromised.

Representative Yoo Sang-beom highlights the swift implementation of security measures by the agency.

Russian officials, including Defense Minister Sergei Shoigu, continue to engage in discussions with North Korean leader Kim Jong-un, potentially signaling a broader plan for military collaboration, according to Representative Yoo.

The NIS points out a surge in smuggling activities by North Korea, with drug trafficking tripling in the first half of this year compared to the same period last year.

There's also a significant uptick in gold bar volumes, witnessing a 50% increase.

The agency underlines North Korea's economic challenges, with a 12% decline in GDP in 2022 compared to 2016.

This economic downturn has caused a notable rise in grain prices and reports of 240 cases of starvation between January and July.

Despite North Korea's "war on crime" declaration this year, the NIS suggests minimal impact.

Concerns also arise about potential transfers of Russia's core nuclear and missile technology to North Korea.

In response to citizen complaints, North Korea establishes a task force to identify dissatisfied individuals.

The NIS closely monitors these developments and the potential military cooperation between North Korea and Russia.

North Korea is known for hackers, notably the Lazarus Group, which refers to a cybercrime organization believed to be operating from North Korea.

This group is known for its involvement in various cyberattacks, including hacking into financial institutions, conducting cyber espionage, and even engaging in activities like cryptocurrency theft.

Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG

Add Comment

LoginLeave your comments

0 Comments

Earliest

Load more comments

More news about nisトークン

Mar 27
SingularityNET, Fetch.ai, And Ocean Protocol Discuss Merging Tokens Into ASI Token
Bullish
Bearish
Nov 03
Klaytn to Develop Tokenization Support System and New Token Standard
Bullish
Bearish
Sep 18
Citi launches token service to convert customer deposits into digital tokens for transfers
Bullish
Bearish
Jul 24
Worldcoin announces token allocation ratio, 75% of tokens will be allocated to the community
Bullish
Bearish
Apr 15
Xiao Feng's closing speech: The three-token model of the Web3 application layer includes NFT, functional Token and security Token
Bullish1
Bearish
Feb 09
Bitget will list Dopex Token DPX and PlutusDAO Token PLS in Innovation Zone
Bullish2
Bearish2
Feb 06
Conflux CTO proposes CFX token burning proposal to improve token inflation
Bullish3
Bearish
Dec 02
Ankr will gradually stop supporting reward income token b-tokens, b-tokens holders can exchange for reward interest-generating token c-tokens
Bullish
Bearish
Oct 18
Aptos publishes overview of token economics, more than 82% of tokens are currently staked
Bullish
Bearish
Aug 09
Metaverse Project Bloktopia Introduces Proof of Token Backing and Changes Token Release Mechanism
Bullish
Bearish

North Korean Hackers Amass $180 Million in Cryptocurrency in 2023 So Far

More news about nisトークン

More news about nisトークン

Runes: The first rune token - should we go full node or rely on the platform?

Not issuing Token is Base’s weapon

The essence of inscription token is SFT

2023 Tokenization Market: Evolution of Financial Products The Tokenization Era is Coming

The rise of tokenisation in trad-fi

The Rise Of GameFi Tokens

What Soulbound Tokens Need to Break Out

The Evolution Direction of Tokens

Metaverse Tokens That Might Go Viral This Year: The Sandbox (SAND), Enjin (ENJ), and FIREPIN Token (FRPN)

Unparalleled 2.5 Billion Tokens Burnt By Gnox Token (GNOX) To Improve Its Ecosystem And DeFi Strategies