Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

North Korea’s Bitcoin Links Uncovered

May 22, 2024
Reading Time: 2 mins read
in News
North Korea’s Bitcoin Links Uncovered

Blockchain investigator ZachXBT has unveiled seven Bitcoin wallet addresses containing 891.13 Bitcoin, linked to the notorious North Korean hacking group Lazarus. This revelation, shared on May 21, adds to ZachXBT’s ongoing research into the group, which recently led to authorities freezing $3.8 million in digital assets.

The identified crypto wallets, still holding the flagged amounts, are part of Lazarus’s extensive laundering operation, as outlined in ZachXBT’s analysis. Utilizing peer-to-peer (P2P) marketplaces and crypto-mixing services, the hackers laundered at least $44 million, converting stolen crypto into fiat currency.

Moreover, the investigation revealed that the stolen digital assets were funneled through Tether before being converted into fiat and withdrawn. Lazarus Group, known for its sophisticated cyber operations, resurfaced earlier this year after a period of dormancy, showcasing renewed activity in targeting vulnerable users through malware attacks on platforms like LinkedIn.

Despite being inactive for a while, Lazarus remains a significant threat in the crypto space, having stolen over $3 billion in digital assets in the past six years alone. Their resurgence underscores the persistent challenge posed by cybercriminals and highlights the need for robust cybersecurity measures to safeguard against such threats.

Reference:
  • Crypto Investigator Links Lazarus Group to $3.8M Frozen Assets
Tags: BitcoinBlockchainCryptocurrenciesCyber NewsCyber News 2024Cyber threatsCybersecurityGovernmentLazarusMay 2024MilitaryNorth KoreaSouth Korea
ADVERTISEMENT

Related Posts

NY DFS Updates Third Party Cyber Rules

NY DFS Updates Third Party Cyber Rules

October 23, 2025
NY DFS Updates Third Party Cyber Rules

Keycard Raises 38 Million Funding

October 23, 2025
NY DFS Updates Third Party Cyber Rules

Jaguar Land Rover Cyberattack Hits UK

October 23, 2025
Hackers Make 520K At Pwn2Own

Hackers Make 520K At Pwn2Own

October 22, 2025
Hackers Make 520K At Pwn2Own

Monolock Ransomware Sold Online

October 22, 2025
Hackers Make 520K At Pwn2Own

Meta Launches New Anti Scam Tools

October 22, 2025

Latest Alerts

Gift Card Heist Via Cloud Hackers

MuddyWater Launches Global Spying

Fake Zoom Calls Target Ukraine Aid

Copilot Flaw Exposes Sensitive Data

PolarEdge Expands Router Botnet

Google Finds New Russian Malware

Subscribe to our newsletter

    Latest Incidents

    Ransomware Hits Jewett Cameron

    Salt Typhoon Hacks European Telecom

    JFL Loses 800K Weekly After Hack

    Union Cyberattack Raises Concerns

    Romanian Prisoner Hacks Prison IT

    Hackers Claim Data On NSA Officials

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial