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A recent report from the Multilateral Sanctions Monitoring Team (MSMT), a group formed by several United Nations member states, has claimed in a recent report that the Democratic People’s Republic of Korea (DPRK) has stolen at least $2.8 billion in cryptocurrency hacks since the beginning of 2024. The report claims that crypto heists have “accounted for approximately one-third of the DPRK’s total foreign currency revenue in 2024.” MSMT was aided in its Analysis by Chainalysis and Mandiant, and this total for the heists includes those that MSMT thought it could attribute to North Korea “ with a high degree of certainty .” Read more: Crypto has become Kim Jong-Un’s lifeline — and Russia’s secret weapon The largest of these hacks was the February 2025 compromise of Bybit, a crypto exchange that saw approximately $1.46 billion stolen from its coffers. Many other large heists were also crypto exchanges, including DMM Bitco...

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A sophisticated bitcoin (BTC) phishing operation is underway involving a storied Wall Street institution and Mt. Gox. This week, a Salomon Brothers-branded website began hosting a webform demanding the Mt. Gox-era owner of 79,957 BTC surrender their personal information. First flagged by BitMEX Research, someone is depositing small amounts of BTC into some of the wealthiest wallets on the Bitcoin network. Using OP_RETURN outputs to publish a human-readable message to owners of wallets such as 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF which holds 79,957 BTC worth over $8 billion , someone is asking the owner of that wallet to visit salomonbros[.]com/owner_notice. That dangerous webpage — which Protos does not recommend visiting — demands that the wallet owner submit personally identifying information. It leads with the text, “This digital wallet appears to be lost or abandoned. Our client has taken constructive possession of it and is [sic] seeks to determine if the...