Leading Security Firm Warns: North Korea Targets Cryptocurrency Companies!

Axie Infinity (AXS) and ronin $ 625 million stolen in the attack on the bridge may have been made by North Korean hackers.

In the statement made by the US Department of Justice and the FBI, it was officially confirmed that this was the work of the North Korean hacking group Lazarus, and unfortunately, the danger is not over.

North Korea Attacks Cryptocurrency Industry

One of the leading DeFi security companies Defiance Capital’founder of Arthur Cheong, warned both investors and companies.

Cheong emphasized that North Korean-backed hackers have very different methods to target cryptocurrency companies.

Cheong presented data on this, emphasizing that hackers use social engineering methods and bypass people’s individual defenses.

Arthur_0x, one of the most important security and DeFi experts in the industry, is behind all this. BlueNorOff stressed that the institution

The institution in question is funded by North Korea, and no one knows exactly what the group is capable of.

Stating that companies are currently attacked with DeFi applications or wallets with trojan horses, Arthur emphasized that this may change.

Cheong stressed that he himself was subjected to such an attack last month. Stating that the attackers stole 1.7 million dollars of NFT, Arthur underlined that BlueNorOff was reached when he followed the traces.

Cheong advised individuals and companies to be more careful and recommended using multi-signature wallets. In addition, it was emphasized that crypto money exchanges are not safe.

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