South Korea has imposed sanctions on North Korean crypto hackers and IT workers to prevent the country from funding its weapon programs through cybercrime. South Korea’s sanctions South Korea imposed sanctions on North Korea due to crypto hackers and IT workers.

Japanese police and U.S. agencies said the attack was "affiliated" with TraderTraitor, which is characterized by social engineering.

Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%,

Japan alert attributed North Korean hackers with a May 2024 crypto heist worth $308m from Japan-based company DMM

North Korea hackers managed to steal $1.3 billion worth of crypto assets in 2024, according to a new report from Chainalysis.

The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets.

North Korean hackers have stolen $1.34bn (£1bn) in cryptocurrency in 2024, accounting for nearly 60 per cent of the total amount stolen across the world, according to a new study.

Crypto hackers from North Korea stole $1.3 billion in funds in 2024, new data released this week from Chainalysis shows.

The U.S. Treasury Department on Tuesday said it had shut down a North Korean money laundering network that used crypto to clean millions of dollars for the hermit kingdom, a global leader in crypto crime.

Japan's National Police Agency said on Tuesday that the hacker group TraderTraitor, which is based in North Korea, is likely responsible for a May hack that allowed $308 million in Bitcoin to be taken

Authorities from Japan and the United States have identified North Korean cyber actors as the culprits behind the theft of $308 million worth of cryptocurrency from DMM Bitcoin in May 2024. This cyber heist was officially attributed to North Korean-linked TraderTraitor threat activity,