🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

North Korean Exploiters Once Again Move Funds Linked to Harmony Bridge Attack

North Korean Exploiters Once Again Move Funds Linked to Harmony Bridge Attack

On two separate occasions, North Korean hackers moved over $90 million worth of crypto.

North Koren hackers, known as Lazarus Group, have once again moved funds related to the Harmony bridge attack.

According to the tweet shared by the on-chain detective ZachXBT, on January 29th, hackers laundered approximately 17,278 Ether (ETH) worth around $27,800.

What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED)

What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED) What is Tezos? XTZ Cryptocurrency Easily Explained (ANIMATED)

In an extensive Twitter thread, ZachXBT noted that funds were moved from three addresses to six crypto exchanges. ZachXBT did not reveal the crypto exchanges. However, the on-chain detective noted:

S/o to the exchanges who responded quickly on a weekend so funds could be frozen.

On top of that, ZachXBT revealed that 14 addresses were used to withdraw funds from five different crypto exchanges. Hackers allegedly managed to withdraw around 895 Bitcoin (BTC) worth around $21 million.

In its Twitter thread, ZachXBT noted that the method of transferring funds was very similar to the one conducted on January 16th. At that time, malicious actors behind the Harmony bridge attack managed to move over $63 million worth of Ethereum (ETH).

However, at that time, Lazarus Group transferred funds to Binance, OKX, and Huobi and reportedly used 350,000 wallet addresses to move funds in various directions. Nevertheless, Binance CEO Changpeng “CZ'' Zhao revealed that Binance and Houbi managed to freeze accounts and recover funds related to the Harmony One attack.

At the time of writing, no crypto exchange has informed the public about freezing wallets or funds related to the most recent Lazarus Group transfers.

It is worth noting that, on January 23rd, The Federal Bureau of Investigation (FBI) confirmed that Lazarus Group and APT38 were responsible for the exploit of Harmony’s Horizon bridge.

During one of the biggest hacks in 2022, malicious actors stole more than $100 million worth of crypto in the form of Ethereum (ETH), Tether (USDT), Wrapped Bitcoin (wBTC), and Binance Coin (BNB).

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating