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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
The United States, Japan, and South Korea have accused North Korea's Lazarus Group of orchestrating a $235 million hack on the WazirX cryptocurrency exchange, contributing to an estimated $659 million stolen in 2024. The trio warned the global crypto industry about the sophisticated cyber threats posed by North Korean hackers, urging firms to bolster cybersecurity and avoid inadvertently hiring North Korean IT workers. They also announced plans to impose sanctions on affiliated hacking groups and collaborate to enhance cybersecurity in the Indo-Pacific region.
Japan, South Korea, and the US issued a joint warning about North Korean cyber threats targeting the crypto industry, highlighting significant hacks in 2024 that resulted in over $370 million in losses. The notorious Lazarus Group employs malware and social engineering tactics, prompting governments to enhance cybersecurity measures and collaboration with the private sector. In 2024 alone, North Korean actors were responsible for $1.3 billion in crypto theft, marking a 103% increase from the previous year.
Ripple Labs has partnered with Chainlink to enhance the utility of its RLUSD stablecoin in the DeFi ecosystem by utilizing Chainlink's price feeds for reliable pricing data. This integration aims to improve RLUSD's adoption in decentralized applications, ensuring real-time, high-quality market data while mitigating price inaccuracy risks. Following its launch in December after regulatory approval, RLUSD has achieved a market cap exceeding $72 million and is available on multiple exchanges.
North Korean hackers have escalated their cyber theft activities, stealing approximately $1.34 billion in 2024, a 102.88% increase from the previous year. This surge includes sophisticated attacks like the $50 million hack of Radiant Capital, where hackers posed as contractors to deliver malware. Experts warn that the collaboration between North Korea and Russia complicates global cyber threats, emphasizing the need for enhanced international cooperation in cryptocurrency tracking and security measures.
Radiant Capital USD
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00:04 15.01.2025
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18:29 07.01.2025
north korean hackers escalate crypto theft to record levels in 2024
14:32 23.12.2024
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