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Cryptocurrency News Articles
North Korea's Lazarus Hackers Target LinkedIn Users in Malware Campaign
Apr 24, 2024 at 06:35 pm
North Korea's Lazarus Hackers: LinkedIn's Latest Victims in Targeted Malware Attacks
In a sinister twist, the notorious North Korean hacker group Lazarus has turned its predatory gaze upon LinkedIn, the professional networking platform, in a brazen attempt to steal confidential information and crypto assets from unsuspecting users. This latest campaign underscores the group's relentless pursuit of illicit gains and its growing sophistication in exploiting vulnerabilities.
According to blockchain security firm SlowMist, Lazarus hackers masquerade as blockchain developers seeking employment in the cryptocurrency industry on LinkedIn. By posing as legitimate candidates, they establish contact with potential victims and feign interest in their professional credentials.
Once trust is established, the hackers request access to their victims' repository to run "relevant code" ostensibly for the purpose of assessing their technical abilities. However, these code snippets conceal malicious payloads that surreptitiously steal sensitive information, which is then leveraged to pilfer assets.
LinkedIn, a platform frequented by professionals seeking job opportunities and networking, has unwittingly become a breeding ground for Lazarus hackers. In a similar incident last December, the group posed as Meta recruiters, luring unsuspecting victims into downloading malware-laced coding challenges.
The infamous Lazarus hacking group, active since 2009, has amassed a staggering $3 billion in stolen crypto assets, solidifying its status as one of the most formidable and organized cybercrime syndicates. Its penchant for innovation in targeting and stealing funds continues to outpace law enforcement efforts.
In August 2023, Lazarus hackers executed a meticulously planned scheme using fake job interviews to siphon $37 million from crypto payment firm CoinPaid. By enticing individuals with lucrative salary offers, the hackers attempted to infiltrate CoinsPaid's infrastructure and gain access to sensitive information.
North Korea's reliance on Lazarus hackers for funding its military operations is well-documented. Crypto mixing services facilitate the laundering of stolen funds back to the rogue regime, enabling it to evade sanctions and finance its illicit activities.
Despite their notoriety, crypto firms have proven resilient against Lazarus's relentless attacks. The decentralized nature of blockchain technology allows crypto platforms to track and block stolen assets once they are identified. In February 2023, Huobi and Binance successfully froze $1.4 million worth of crypto assets linked to North Korea. Similarly, $63 million worth of assets associated with the Harmony Bridge hack were intercepted by crypto exchanges.
The Lazarus group's audacious exploitation of LinkedIn highlights the evolving landscape of cybercrime and the need for vigilance among professionals. By masquerading as legitimate job seekers, the hackers have breached the trust of unsuspecting victims, demonstrating their willingness to infiltrate even the most secure platforms.
As the Lazarus group continues to refine its tactics and expand its reach, collaboration between law enforcement agencies, blockchain security firms, and crypto exchanges will be crucial in combating their illicit activities. By sharing intelligence, deploying advanced detection mechanisms, and freezing stolen assets, the international community can disrupt Lazarus's operations and protect the integrity of the digital ecosystem.
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- PEPE Coin (PEPE) Shows Ascending Triangle Pattern, Arthur Hayes' Move Boosts Potential Amid Market Rally
- Sep 28, 2024 at 06:25 am
- A recent analysis by the trader and analyst known as Bluntz reveals that Pepe Coin, an Ethereum-based memecoin, shows an ascending triangle pattern
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- XRP Struggles to Keep Pace With Broader Crypto Market Rally as User Participation in the XRP Ledger Blockchain Declines
- Sep 28, 2024 at 06:20 am
- XRP has struggled to keep pace with the broader crypto market rally that began last week following the Federal Reserve's interest rate cut.
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- NYT ‘Connections’ Puzzle: Here Are the Categories and Answers for September 28
- Sep 28, 2024 at 06:20 am
- Connections is a New York Times puzzle game where players have to figure out “connections” between various words and arrange them into groups of four.
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- Popular Crypto Expert Sherpa Expresses Bullish Sentiments on RWA Token MANTRA (OM), Shares Thoughts on SOL, FTM, and SUI
- Sep 28, 2024 at 06:20 am
- Sherpa predicts that the native token of the RWA blockchain, MANTRA (OM), could climb around 16% from its current price
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- Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
- Sep 28, 2024 at 06:20 am
- Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.
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- Dogecoin (DOGE) Rival Dogwifhat (WIF) Looks Ready to Skyrocket, Crypto Analyst Says
- Sep 28, 2024 at 06:20 am
- A widely followed crypto analyst says that one dog-themed memecoin that has printed six-figure gains in just ten months is on the brink of another breakout.
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- Dogecoin (DOGE) Primed for a Price Boost as Metrics Signal Bullish Breakout
- Sep 28, 2024 at 06:20 am
- A slew of metrics indicate the top meme asset Dogecoin (DOGE) could be primed for a price boost, according to a popular crypto trader.
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- Shiba Inu (SHIB) Spikes Over 20% in the Last 24 Hours, Nearing Critical Resistance Level
- Sep 28, 2024 at 06:20 am
- Shiba Inu [SHIB] has recently experienced a significant price spike, bringing it close to breaking another critical resistance level. This upward movement has drawn increased attention, making SHIB one of the top trending cryptocurrencies.
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- SUI and BNB Have Been Making Headlines, but the Real Buzz Is Swirling Around the Presale of BlockDAG
- Sep 28, 2024 at 06:20 am
- This comprehensive guide will delve into the intricacies of investing in these cryptocurrencies, unpack the hype, and provide you with the strategic insights needed to potentially enhance your investment outcomes.