North Korean hackers thought to be behind $100m cryptocurrency heist

If confirmed, last week’s attack would be the eighth this year – involving $1bn in stolen funds – that could be confidently attributed to North Korea

North Korean hackers are thought to be behind last week’s theft of as much as $100m in cryptocurrency from a US company, as the regime steps up attempts to secure funding for its nuclear and ballistic missile programmes.

The assets were stolen on 23 June from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains, three digital investigative firms have concluded.

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Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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