News with the tag "coinspaid"

Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware.

Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware.

The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.

After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.

On August 22, 2023, the FBI issued an alert, cautioning about North Korean hackers possibly trying to cash out bitcoin valued at over $40 million. U.S. Intelligence Flags Potential $40M Bitcoin Liquidation by North Korean Hackers The FBI is urging both public and private sectors to be vigilant regar...

In a new report, Estonia’s preeminent crypto payment and personal wallet provider, CoinsPaid, has revealed the intricate workings of a hacking incident that led to a colossal loss of $37 million. This audacious breach was reportedly the culmination of a six-month saga marked by calculated maneuvers ...

CoinsPaid, the world’s largest crypto payments provider, has revealed details of a hacking incident that occurred on July 22, 2023, resulting in the theft of $37.3 million. The company suspects that the notorious Lazarus Group, linked to the North Korean government, is behind the attack. The Lazarus...

North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid. The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in a state...

CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit.

North Korea's Lazarus Group is suspected of stealing about $37 million.