South Korea might rethink its sanctions method towards North Korea after new US measures related Pyongyang’s crypto theft operations to the funding of its weapons applications. Key Takeaways: South Korea is weighing a overview of its sanctions coverage after the US linked North Korea’s crypto theft operations to weapons funding. The US Treasury focused eight…
Garden Finance suffered an exploit exceeding $10.8 million throughout a number of blockchain networks, with on-chain sleuth ZachXBT revealing that over 25% of the platform’s historic exercise concerned funds stolen from the platform. The breach provides scrutiny to a Bitcoin bridge already going through allegations of facilitating North Korean cash laundering operations. An tackle linked…
Blockchain investigator ZachXBT has documented not less than 25 cases of North Korean IT employees infiltrating crypto corporations to steal funds or extort employers, contradicting misconceptions that these operatives solely search professional employment. The revelation got here in response to a claim made by Amjad Masad, CEO of the AI coding platform Replit, that North…