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North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)
submitted 11 months ago by Domino@lemmings.world to c/world@quokk.au
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The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

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[-] AwesomeLowlander@sh.itjust.works 4 points 11 months ago

The take away here is that many (all?) crypto exchanges are failing to properly secure their systems.

When your adversary is a nation-state with an actual army of hackers that can work 24/7 and deploy 0-days, it's hard to say for sure the exchange is at fault for not handling security properly. This isn't a lone Kevin Mitnick pulling a stunt, this is literal cyber warfare.

[-] CheeseNoodle@lemmy.world 1 points 11 months ago

Yet conventional currencies are not randomly having billions transfered out of accounts and to north korea?

this post was submitted on 25 Feb 2025
295 points (98.7% liked)

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