The Wall Street Journal: North Korean hackers have stolen $3 billion in cryptocurrency over the past five years, with 50% used to fund nuclear weapons programs
ChainCatcher news, according to The Wall Street Journal, blockchain analysis company Chainalysis data shows that North Korean hackers have stolen $3 billion in cryptocurrency assets through digital heists. U.S. officials state that 50% of these funds are used to finance North Korea's ballistic missile program, which is being developed alongside its nuclear weapons. U.S. Deputy National Security Advisor Anne Neuberger noted that about 50% of the foreign currency used by the regime to purchase components for its ballistic missile program comes from its cyber operations.It is reported that North Korean hackers began launching their first major attacks around 2018. Last year, North Korean hackers contacted Axie Infinity developer Sky Mavis engineers via LinkedIn and embedded malicious computer code in a document, allowing them to access the engineer's computer and infiltrate Sky Mavis, ultimately stealing over $600 million from Axie Infinity players.Additionally, U.S. officials state that North Korea has established a team of thousands of IT workers who operate in countries around the world, including Russia and China. They disguise themselves as Canadian IT workers, government officials, and freelance Japanese blockchain developers. They conduct video interviews to secure jobs or, as in the case of Sky Mavis, pose as potential employers. To be hired by cryptocurrency companies, they hire Westerners to participate in job interviews to conceal the fact that North Koreans are the actual hires. According to former victims and investigators, once hired, they sometimes make minor modifications to products to make them easier to hack. (source link)