The US Federal Investigation Agency (FBI) has uncovered a major cryptocurrency theft by North Korean hackers. The FBI has claimed that hackers affiliated with the Kim Jong Un government stole $62 million in crypto while breaking into a video gaming company.
In a statement released on Thursday, the FBI said the burglary took place last month. It is the latest in cyber thefts linked to Pyongyang. The investigation revealed that on March 29, $62 million in Ethereum was stolen by hackers. This theft has been done by Lazarus Group and APT38. These hackers are associated with DPRK.
According to the US investigative agency, DPRK is an acronym of North Korea's official name 'Democratic People's Republic of Korea', and a technology platform linked to the Ethereum cryptocurrency. The FBI has made this claim regarding the hacking of the computer network used by Axi Infinity. It is a video game that allows game players to earn cryptocurrency.
Sky Mavis, the maker of Axi Infinity, said on March 29 that unidentified hackers stole about $600 million worth of crypto from its account. This was the value of Ethereum at that time, which has now increased to $62 million.
The US Treasury Department on Thursday banned the Lazarus Group. It is believed to be a large group of hackers, who work on behalf of the North Korean government. The ministry also banned a particular wallet or cryptocurrency account that was used to cash out Ethereum by hacking Axi Infinity.
North Korea earning from cyber attacks
A UN committee and cyber security experts claim that North Korea has been raising funds through cyber attacks for the past few years. The country's military ruler Kim Jong Un has also run the nuclear weapons program through this.
In recent years, the Lazarus Group has stolen nearly $1.75 billion worth of cryptocurrencies, according to virtual currency trading firm Chainalysis.
PM Modi: Modi's mantra to new IAS officers, advice to change work culture and work for the people at the grassroots level
Prime Minister Narendra Modi on Thursday addressed the IAS officers of the 2020 batch during the conclusion of the Assistant Secretary Program 2022. During the program, the PM said that in the coming
Ghazipur Landfill Fire: A Mountain of garbage kept burning, and smoke spread from Delhi to Noida-Ghaziabad
As the mercury rises, the garbage mountain in Ghazipur is on fire once again. The fire that broke out on Sunday afternoon was controlled to some extent on Monday morning,
RJ Mahvash: Mahvash was seen with Yuzvendra Chahal on a dinner date, fans said- don't spoil the private moment
Punjab Kings and RCB are to face each other in the final of IPL 2025. Meanwhile, radio jockey turned actress RJ Mahvash is once again in the headlines. The reason is the dating rumors between her and
The military rule may be implemented again in Pakistan, as claimed in a report regarding the economic and political situation
The military rule can be imposed in Pakistan after the next six months or more. This has been claimed in a report analyzing the current economic and political situation of the country. In Pakistan's
Himachal Landslide: Cracks appeared in the hillside after the rain... The administration was warned eight days ago; 16 lives were lost
The horrific accident near the Bhallu Bridge in Barthin, Bilaspur, has shaken the entire area. Subedar Major Kulwant Singh Patial, who was present at the scene, explained that this area was already
Gyanvapi Case: Order will come on the demand of giving the survey report of Gyanvapi complex to the parties, the Hindu side's lawyer said - today is an important day.
An order will come today (Wednesday) on the demand to hand over the report of the Archaeological Survey of India (ASI) survey in the Gyanvapi complex to the parties. Along with this, many applications
Lok Sabha Election 2024: Rajamouli returns from Dubai to vote, Jr NTR also in line; Who voted where?
This year, many stars of Bollywood and the television industry are all set to start their journey in politics. From Kangana Ranaut to Arun Govil, big stars are contesting the Lok Sabha
Rahul Gandhi's target on the government: Count the current crisis in the country, termed eight years of Modi rule as 'misrule'
Even though the central government is talking about rapid improvement in the country's economy, the opposition is not believing its claims. Inflation is skyrocketing in the country and the
Language dispute in Bengaluru: The youth who was pressurized to speak Hindi apologized in Kannada
A man who asked an auto driver in Karnataka's capital Bengaluru to speak in Hindi apologized in Kannada on the second day of the incident. This has once again fueled the debate on language.
Bharat Bandh Today: Will schools, banks, and shops also remain closed? Read what will remain open today during Bharat Bandh
On Friday, 16th February, the United Kisan Morcha united with all the farmer organizations and announced Bharat Bandh. United Kisan Morcha has also appealed to all farmer organizations to join Bharat
