• About Us
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Client Portal
  • Contact Us
  • today headline
  • Write for us
Today Headline
No Result
View All Result
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
No Result
View All Result
TodayHeadline
No Result
View All Result

Report says North Korean hackers stole fortune in cryptocurrency in 2021

January 15, 2022
in Technology News
Reading Time: 2 mins read
hacker 11 - TodayHeadline


North Korean hackers managed to steal a fortune in cryptocurrency in 2021, according to the results of a recent study.

Cybercriminals based in North Korea “extracted nearly $400 million worth of digital assets last year,” blockchain firm Chainalysis said in a preview of its 2022 Crypto Crime report released Thursday.

“These attacks targeted primarily investment firms and centralized exchanges, and made use of phishing lures, code exploits, malware, and advanced social engineering to siphon funds out of these organizations’ internet-connected “hot” wallets into DPRK-controlled addresses,” the firm said in a preview of its 2022 Crypto Crime report.

“Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out,” the firm added.

North Korean hackers were linked to at least seven cyberattacks on crypto platforms last year and seized 40 percent more in value compared to 2020, according to the analysis. Ethereum accounted for 58 percent of the stolen tokens, while bitcoin accounted for 20 percent.

Lazarus Group, a hacker collective linked to North Korea’s main intelligence agency, is suspected of carrying out many of the attacks. The group is best known for carrying out the infamous Sony Pictures hack in 2014.

hands on a keyboard
North Korean hackers managed to take about $400 million in cryptocurrency last year.
Getty Images

In a 2019 report, the United Nations Security Council noted that North Korea has increasingly turned to cryptocurrency hacking as a means of evading sanctions that have crippled its economy. North Korea is accused of using the funds to support its nuclear and ballistic missile programs.

Chainalysis said it has identified $170 million in hacked cryptocurrency that North Korea has yet to launder. The funds purportedly derive from 49 separate hacks from 2017 to 2021.

  • Trending
  • Comments
  • Latest
tip a dog groomer 86522015.jpg.optimal - TodayHeadline

How Much to Tip a Dog Groomer – Dogster

image 53462563 - TodayHeadline

The Container Store Group: Bed Bath & Beyond Bankruptcy May Spark Rally (NYSE:TCS)

astronaut charles camarda comp - TodayHeadline

Angry ex-astronaut details the problem with NASA

1675521540 0x0 - TodayHeadline

Report Finds That Replacing Coal Plants With Renewables Saves A Lot Of Money

PopularStories

tip a dog groomer 86522015.jpg.optimal - TodayHeadline
Pets

How Much to Tip a Dog Groomer – Dogster

image 53462563 - TodayHeadline
Business news

The Container Store Group: Bed Bath & Beyond Bankruptcy May Spark Rally (NYSE:TCS)

astronaut charles camarda comp - TodayHeadline
Technology News

Angry ex-astronaut details the problem with NASA

1675521540 0x0 - TodayHeadline
Science News & Society

Report Finds That Replacing Coal Plants With Renewables Saves A Lot Of Money

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

tip a dog groomer 86522015.jpg.optimal - TodayHeadline

How Much to Tip a Dog Groomer – Dogster

image 53462563 - TodayHeadline

The Container Store Group: Bed Bath & Beyond Bankruptcy May Spark Rally (NYSE:TCS)

astronaut charles camarda comp - TodayHeadline

Angry ex-astronaut details the problem with NASA

tip a dog groomer 86522015.jpg.optimal - TodayHeadline

How Much to Tip a Dog Groomer – Dogster

image 53462563 - TodayHeadline

The Container Store Group: Bed Bath & Beyond Bankruptcy May Spark Rally (NYSE:TCS)

astronaut charles camarda comp - TodayHeadline

Angry ex-astronaut details the problem with NASA

  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline

No Result
View All Result
  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.