Hackers steal $70m from Phemex in 2025’s largest attack so far
Singapore-headquartered crypto exchange Phemex is investigating a $70 million hot wallet exploit as hackers continue to siphon funds into Ethereum wallets. Blockchain analytics firm PeckShield reported that Phemex lost $69.1 million in a Jan. 23 exploit targeting the exchange’s hot wallets, marking what appears to be the largest crypto hack of 2025 so far. In […]
South Korea sanctions DPRK hackers behind crypto attacks
South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime’s weapons programs. The South Korean government has announced sanctions on the 313 Bureau, a North Korean cyber unit involved in widespread crypto theft. In a Dec. 26 public statement, the […]
North Korean hackers likely behind DMM Bitcoin’s $307m attack
Japanese police revealed Tuesday that hackers affiliated with the North Korean regime are likely behind the $307 million attack on crypto exchange DMM Bitcoin. North Korean hackers are said to be behind a multi-million attack on a crypto exchange, which cost the platform over $300 million worth of crypto in stolen funds. In a Dec. […]
