Articles for tag: cryptocurrency heist, Cybercrime, DMM Bitcoin, North Korean hackers, security threats, , TraderTraitor group

Market News

North Korean Hackers Steal $308 Million in Bitcoin from DMM Cryptocurrency Firm: A Major Cyber Heist Unveiled

On December 24, 2024, authorities from Japan and the U.S. revealed that North Korean cyber actors were responsible for the $308 million cryptocurrency heist from DMM Bitcoin in May 2024. This operation, linked to a group known as TraderTraitor, involved sophisticated social engineering tactics targeting multiple employees at once. The attackers used manipulated recruitment approaches ...

Market News

North Korean Hackers Linked to DMM Bitcoin Asset Theft: What You Need to Know

A hacker group linked to North Korea, known as TraderTraitor, stole 48.2 billion yen (about $307 million) from the Tokyo-based cryptocurrency exchange DMM Bitcoin Co. in May. The investigation, involving the Japanese police and the U.S. Department of Defense, revealed that the hackers used malware to breach the exchange’s wallet management system. DMM Bitcoin has ...

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