North Korea laundered $400M in stolen crypto to fund its “Weapons of Mass Destruction”

UN officials in a media briefing alleged that North Korea used stolen digital assets worth several millions of dollars as a source of revenue to fund its nuclear and ballistic missile program. It also mentioned that between 2020 and mid-2021 North Korean cyber-attackers stole more than $50 million of digital assets. The report was handed […]

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Trustwave Spiderlabs Researchers Warn of New Strain of Malware That Drains Crypto Funds

According to researchers at Trustwave Spiderlabs, a strain of malware known as Rilide is believed to be helping cybercriminals steal funds from cryptocurrency exchanges. Although the steps being taken to tackle this malware are likely to make life more difficult for cybercriminals, two researchers — Pawel Knapczyk and Wojciech Cieslak — said this alone may [...]

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