The FBI last April blamed North Korean government-backed hackers for a roughly $600-million hack of popular video game company. A CNN investigation found at least one cryptocurrency entrepreneur who unwittingly paid a North Korean tech worker tens of thousands of dollars.ĭespite the plummeting of the value of cryptocurrency last year, the suspected North Korean hacks of virtual currency assets have continued. The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds. Over the past few years, cryptocurrencies, including Harmony, established a strong foothold in the global financial world and are now being traded on par with traditional assets like. In addition to hacking cryptocurrency firms, suspected North Koreans have posed as other nationalities to apply for work at such firms and send money back to Pyongyang, US agencies have publicly warned. Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). Harmony is a low-ranked cryptocurrency currently priced at 0.014751 that belongs to the class of minable coins, with a market capitalization of 201 984 036. In the June hack, the intruders targeted a “bridge” – or a program that allows for the transfer of cryptocurrency – run by Harmony, a California-based cryptocurrency firm. North Korean hackers have stolen the equivalent of billions of dollars in recent years by raiding cryptocurrency exchanges, according to the United Nations. The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. In June, attackers were able to gain access to the bridge and make off with the Ethereum. It’s one of a series of digital heists that US officials worry Pyongyang will use to fund its illicit nuclear and ballistic weapons program. The Harmony Horizon bridge is a connection between various cryptocurrency systems, specifically Harmony and Ethereum, Bitcoin, and Binance Chain. The bureau said “a portion” of the $60 million was frozen, but did not specify how much. The North Korean operatives this month laundered over $60 million of the money stolen in the June hack, according to the FBI statement. The FBI on Monday evening blamed North Korean government-linked hackers for stealing $100 million in cryptocurrency last June from a California-based firm.
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