In a significant development, the United Nations has revealed North Korea’s escalating reliance on cyber operations to finance its weapons programs. According to a U.N. panel of experts, these “malicious” activities are responsible for generating roughly half of the country’s foreign currency revenue. The report, drawing from open-source materials, contributions from U.N. member countries, and […]
A recent report by blockchain analytics firm TRM Labs uncovered a significant decline in cryptocurrency theft orchestrated by North Korean hackers in 2023. The findings, released earlier today, revealed that these cybercriminals managed to pilfer approximately $600 million worth of cryptocurrency, marking a notable 30% reduction from their exploits in 2022, when it took around […]
A major security breach has hit Orbit Bridge, a decentralized protocol that allows cross-chain transfers of various cryptocurrencies. The protocol announced that it was hacked on December 31, 2023, and that it lost millions of dollars worth of crypto assets to the attackers. How the Hack Happened The breach was first identified by Kgjr, a […]
Investing your hard-earned money can pave the way for financial growth, but with the rise of investment scams worldwide, it’s crucial to stay vigilant. This article sheds light on these deceptive schemes and provides essential insights to safeguard your finances. Identifying Investment Scams: Investment scams often masquerade as incredible opportunities, promising substantial returns within a […]
In a relentless spree of cyber heists, North Korean hackers have pilfered more than $2 billion in cryptocurrencies over the last five years, a recent TRM Labs report reveals. This staggering sum, while slightly lower than previous estimates, underscores the persistent threat posed by North Korea’s cryptocurrency-focused attacks. The year 2023 sees North Korea maintaining […]
Due to the pandemic’s implications for the labor market, there has been a significant rise in job fraud. False job postings promise flexible hours, the liberty to work from home, and compensation that is far higher than the average for the sector—all while requiring little or no qualifications. Fake Recruiters’ Procedure Typically, scammers use social […]
Binance Coin (BNB) suffered a sharp decline on Friday after reports of a cross-chain bridge attack had occurred on October 6 on the BNB Smart Chain, which saw about 2,000,000 BNB ($562 million using the current exchange rate) get stolen. Reports also showed that “Tether blacklisted the account,” which pushed Binance to pause the entire […]
Senior director at Chainalysis Erin Plante revealed at the Axiecon event held on Thursday that US authorities had confiscated about $30 million worth of cryptocurrency from North Korean-sponsored hackers. Noting that the operation was aided by law enforcement and top crypto organizations, Plante explained: “More than $30 million worth of cryptocurrency stolen by North Korean-linked […]
3 MANDATORY INGREDIENTS FOR PERMANENT TRADING SUCCESS “Stop trying to force trades with strategies that don’t work for you. Instead, enjoy the freedom of executing trades that fit your psychology and that help you reach your financial objectives.” – VTI In case you didn’t know, trading is the second most difficult job in the world. […]
