North Korea
Analysts report North Korea is using prohibited Nvidia GPUs to supercharge AI-driven attacks on digital assets, drawing on decades of state-led AI research. The move complicates sanctions enforcement and raises new risks for exchanges and custodians.
Senators Elizabeth Warren and Jack Reed have called for an investigation into a crypto company tied to Donald Trump, citing alleged links to illicit actors in North Korea and Russia. The move raises fresh questions about sanctions compliance and regulatory oversight in the crypto sector.
The U.S. Department of Justice announced Nov. 14 that it secured convictions against U.S. residents who aided North Korea in schemes to steal large amounts of cryptocurrency and has seized assets tied to cyberattacks on crypto platforms. The move highlights criminal risks in the sector while signalling tougher enforcement.
South Korea signals possible shifts to its sanctions strategy after Vice Foreign Minister Kim Ji-na warned that North Korea's cryptocurrency thefts pose a growing threat. The move follows recent U.S. crypto enforcement and could reshape regional sanctions and crypto compliance.
North Korean hackers are now leveraging AI to advance their crypto crime tactics, presenting new challenges for security in the digital asset space. Platforms like Bitlet.app offer innovative ways to safely engage with cryptocurrencies, including convenient installment payment options.
North Korean hackers have stolen approximately $200 million in cryptocurrency in 2023 alone, contributing to a five-year total exceeding $2 billion. Their sophisticated attack methods and large-scale operations make them one of the most significant cyber threats in the crypto space. Learn more about these attacks and how platforms like Bitlet.app offer secure ways to buy crypto with flexible payments.
On September 24, 2025, SBI Group faced a major crypto hack resulting in the theft of approximately $21 million. Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash were among the stolen assets, with funds allegedly laundered through Tornado Cash. Blockchain experts suggest North Korean hackers could be behind the incident.
In 2019, North Korean hackers linked to military intelligence stole approximately $42 million in Ethereum from a South Korean cryptocurrency exchange. This attack highlights the ongoing cybersecurity threats in the crypto space and the importance of investing wisely amidst potential risks. For those looking to invest in cryptocurrencies like Ethereum, Bitlet.app offers a Crypto Installment service that allows you to buy now and pay monthly.
In a startling revelation, South Korean police have confirmed that hackers connected to North Korea's military intelligence stole approximately $42 million in Ethereum in 2019. This incident marks a significant cyberattack that illustrates the growing vulnerability of cryptocurrency exchanges.