North Korean developers, operating under the guise of fake freelancers, have reportedly accumulated over $16.5 million this year by infiltrating both cryptocurrency and traditional technology companies. This concerning finding comes from crypto sleuth ZachXBT, who estimates that the compensation paid to these North Korean information technology workers (ITWs) ranges between $3,000 and $8,000 per individual.…
Crypto crime is reaching unprecedented heights in 2025, with a new report from blockchain intelligence firm TRM Labs revealing that more than $2.1 billion worth of digital assets have been stolen across at least 75 separate attacks in just the first half of the year. This staggering figure nearly matches the total stolen in all…
Cryptocurrency theft has surged to unprecedented levels in the first half of 2025, with hackers stealing a staggering $2.1 billion worth of digital assets. This marks a 10% increase over the previous first-half record set in 2022 and nearly equals the total crypto losses from all of 2024, according to recent analysis. At the heart…
North Korea’s notorious state-sponsored hackers have taken a technological leap: they’re now using artificial intelligence tools like ChatGPT to automate cryptocurrency theft, according to South Korean cybersecurity experts. This revelation highlights a dangerous new frontier in cybercrime, where advanced AI is weaponized by state actors to target digital assets with unprecedented efficiency. Lee Seul-gi, lead…
A scathing new report from the Financial Action Task Force (FATF) has cast a stark light on how critical loopholes in global finance are being exploited and weaponized to fund some of the world’s most dangerous regimes. The FATF’s June 2025 report underscores an alarming surge in the misuse of various financial channels, including sophisticated…
The US government is attempting to dismantle Cambodia’s Huione Group, a notorious financial network in Southeast Asia, to prevent laundered money from fueling cybercrime and hacking sponsored by states. The Treasury Department’s Financial Crimes Enforcement Network proposed a ruling that would block any US financial institution from opening or operating accounts for Huione or its…
A new report has claimed there is a North Korean cyber operation involving the creation of fake companies within the United States. The strategy was to gain access to the cryptocurrency market by using fake employment opportunities to lure in malware developers. The perpetrators managed to secure corporate shells with legal registrations as well as…
Allegedly, cyber operatives from North Korea have utilized an advanced new strategy by setting up two phony businesses within the United States using fake names and addresses. As reported, the objective of this elaborate plan was to bypass US Treasury restrictions and hack into the computers of cryptocurrency developers using a kind of malware. This…
Job scams and cryptocurrency theft have reached new heights of notoriety, thanks to an unmasked malware scheme associated with Contagious Interview, a group of North Korean cybercriminals. These cyber crooks are creating entire job profiles within fake consultancy firms to maliciously distribute software that could take over cryptocurrency transactions and siphon digital currency. The Deceptive…
In a global geopolitical shift, South Korea and Syria have officially set up diplomatic relations. This marks the first official recognition of the transitional government of Syrian President Ahmad al-Sharaa, while also striking a setback to North Korea, which was allied with Syria during the dictatorship of President Bashar al-Assad. The South Korean minister Cho…
