The FBI has issued a warning about advanced cyberattacks targeting cryptocurrency and DeFi companies, linked to North Korean hackers.
These cybercriminals employ sophisticated strategies involving extensive pre-attack research and manipulation tactics to infiltrate and steal digital assets.
North Korean hackers use a variety of deceptive methods, such as crafting fake job offers or investment opportunities that appear genuine due to their detailed personalization. They often engage with their targets over extended periods to build trust and make their malicious intent less detectable.
Impersonation is another common tactic, where attackers pose as well-known figures or reputable organizations, creating realistic fake profiles and events to gain credibility.
The FBI advises vigilance against signs of these attacks, including unsolicited code execution requests and unexpected offers or communication transfers to less secure platforms.
The warning highlights the ongoing threat posed by North Korean cyber actors and underscores the need for heightened security measures within the cryptocurrency sector.
The notorious hacking group known for its crypto thefts has lost access to nearly $5 million in stablecoins, following actions taken by stablecoin issuers to freeze the funds.
Binance has issued a warning about a malware attack targeting its users, which alters cryptocurrency withdrawal addresses.
Prosecutors have introduced new internal documents from Bithumb in their ongoing case against Lee Sang-joon, the exchange’s former CEO.
Sam Bankman-Fried, the former CEO and co-founder of FTX currently serving a prison sentence, has filed an appeal seeking to overturn his fraud conviction, according to court documents submitted on Friday.