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You are here: Home / Archives for News / Cyber Security

Cyber Security

Lazarus Invades US Biz! Sanctions Shattered

April 25, 2025 by Lipika Deka

Lazarus, North Korea’s notorious hacker group, has spread its tentacles once again. According to Reuters, the group has set up two shell companies, Blocknovas LLC and Softglide LLC, in New Mexico and New York using false identities. They also opened a third business, called Angeloper Agency, which does not appear to be registered in the […]

Filed Under: News, Crypto Scam, Cyber Security Tagged With: Lazarus Grouo, North Korea hackers, U.S

XRPL Hack Scare: What Developers Need to Know

April 23, 2025 by Lipika Deka

The XRP Ledger Foundation has recently discovered a security vulnerability in the JavaScript library (v4.2.1–4.2.4 and v2.14.2) used to interact with the ledger that could steal crypto private keys. The Foundation has upgraded the code, released the patched version, v4.2.5, and removed the previously compromised version. While the issue affects only versions published on NPM, […]

Filed Under: Blockchain, Cyber Security, News Tagged With: Hack, xrpl blockchain

Bybit Teams Up with Zodia Custody to Offer Segregated Asset Storage for Institutional Clients

April 4, 2025 by Sheila

Bybit partners with Zodia Custody to offer segregated custody and off-venue settlement for institutions after a $1.45B crypto hack in February 2025.

Filed Under: News, Blockchain, Cyber Security Tagged With: Asset Storage, Bybit, Institutional Clients, Zodia Custody

Beyond Lazarus – North Korea’s”Dark Army” Stealing BILLIONS in Crypto

April 1, 2025 by Lipika Deka

The bybit hack by North Korea’s Lazarus, deemed as “the biggest hack in the history of crypto,” sparked a huge outcry as no one expected such level of technical prowess from the state-funded actors. Samczsun, a pseudonymous “crypto white hat hacker,” believes it is crucial to understand how the DPRK hackers operate, and know their […]

Filed Under: Cyber Security, News Tagged With: Hackers, Lazarus, North Korea

Abracadabra.Money Hit by $13 Million Exploit Amid GMX Integration Breach

March 26, 2025 by Sheila

A $13 million hack targets Abracadabra.Money’s smart contracts, exploiting GMX V2 pools. Over 6,260 ETH stolen, highlighting security risks in DeFi platforms.

Filed Under: News, Cyber Security, Industry Tagged With: Abracadabra.Money, Ethereum (ETH), GMX, Hack

Tornado Cash Cleared from OFAC Sanctions List, But Legal Challenges Continue

March 22, 2025 by Sheila

U.S. Treasury removes Tornado Cash addresses from OFAC sanctions list after court ruling, while maintaining pressure on North Korean cybercrime activities.

Filed Under: News, Cyber Security, Industry Tagged With: OFAC, Smart Contracts, Tornado Cash, U.S. Treasury

Lazarus Group Transfers 400 ETH and Launches New Cyber Attacks

March 14, 2025 by Onyi

Lazarus Group, linked to North Korea, continues to launder crypto by moving different tokens and using fresh malware to attack developers and steal digital assets. On March 13, a  blockchain security company, CertiK shared a post on their  X account stating that they detected a  deposit of 400 ETH, which is valued at about $750,000, […]

Filed Under: News, Crypto Scam, Cyber Security Tagged With: Ethereum (ETH), Lazarus Group

Crypto Exchange OKX Refutes Allegations of EU Scrutiny Over Bybit Hack

March 12, 2025 by Sheila

OKX denies any EU investigation following claims it facilitated money laundering in the Bybit hack, stressing its Web3 platform complies with regulations.

Filed Under: News, Cyber Security, Industry Tagged With: ByBit Hack, crypto exchange, European regulation, OKX

U.S. Sanctions 49 Crypto Addresses Tied to Nemesis Darknet Site

March 5, 2025 by Mwongera Taitumu

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 49 cryptocurrency addresses linked to a shut down darknet marketplace, Nemesis. The sanctioned addresses include 44 Bitcoin wallets and five Monero wallets. These addresses were allegedly controlled by Behrouz Parsarad, the Iranian national behind Nemesis, which operated illicit activities on the […]

Filed Under: News, Cyber Security Tagged With: Crypto, cyber crime, Nemesis

Bybit Hacker’s Insane Pattern: 2-3 Moves Per Minute

February 25, 2025 by Lipika Deka

The Bybit hacker is aggressively laundering stolen Ethereum with precision. Arkham data showed that the perpetrator executed two to three transactions per minute, after every 45 minutes for a calculated 15-minute break. This methodical approach to moving ETH, shifting from one address to the next, raises questions about the operation’s sophistication.   Bybit, a leading […]

Filed Under: News, Cyber Security Tagged With: Bybit, Hack, Lazarus Grouo

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