Showing posts with label Pyongyang. Show all posts
Showing posts with label Pyongyang. Show all posts

Friday, April 15, 2022

North Korea-tied hackers executed $620 million crypto heist: FBI

WASHINGTON — North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Friday. 

The hack was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth.

Last month's theft from the makers of Axie Infinity, a game where players can earn crypto through game play or trading their avatars, came just weeks after thieves made off with around $320 million in a similar attack.

"Through our investigations we were able to confirm Lazarus Group and APT38, cyber actors associated with (North Korea), are responsible for the theft," the FBI said in a statement.

Lazarus Group gained notoriety in 2014 when it was accused of hacking into Sony Pictures Entertainment as revenge for "The Interview," a satirical film that mocked North Korean leader Kim Jong Un.

North Korea's cyber-program dates back to at least the mid-1990s but has since grown to a 6,000-strong cyber warfare unit, known as Bureau 121, that operates from several countries including Belarus, China, India, Malaysia and Russia, according to a 2020 US military report.

North Korean hackers stole around $400-million worth of cryptocurrency through cyberattacks on digital currency outlets last year, blockchain data platform Chainalysis said in January. 

In the case of the Axie Infinity heist, attackers exploited weaknesses in the set-up put in place by the Vietnam-based firm behind the game, Sky Mavis.

The company had to solve a problem: the ethereum blockchain, where transactions in the ether cryptocurrency are logged, is relatively slow and expensive to use.

To allow Axie Infinity players to buy and sell at speed, the firm created an in-game currency and a sidechain with a bridge to the main ethereum blockchain.

The result was faster and cheaper -- but ultimately less secure.

The attack targeting its blockchain netted 173,600 ether and $25.5 million-worth of stablecoin, a digital asset pegged to the US dollar.

Agence France-Presse

Saturday, May 2, 2020

North Korea's Kim reappears after weeks of speculation


North Korea's Kim Jong Un has made his first public appearance in nearly three weeks, state media reported Saturday, following intense speculation that the leader of the nuclear-armed nation was seriously ill or possibly dead.

State television showed Kim walking, smiling broadly and smoking a cigarette at what the North said was the opening of a fertiliser factory on Friday in Sunchon, north of Pyongyang.

Rumours about Kim's health have been swirling since his conspicuous no-show at April 15 celebrations for the birthday of his grandfather, the North's founder -- the most important day in the country's political calendar.

His absence triggered a series of fevered rumours and unconfirmed reports over his condition, while the United States and South Korea insisted they had no information to believe any of the conjecture was true.


Seoul's unification ministry reacted to Saturday's report by saying "groundless" speculation about Kim had caused "unnecessary confusion", calling for more careful consideration in future.

Kim's sudden death would have left Pyongyang facing an unplanned succession for the first time in its history and raised unanswered questions over who would succeed him and take over the North's nuclear arsenal.

China, the North's key diplomatic ally and main provider of trade and aid, is keen to maintain stability in its neighbour and avoid the possibility of an influx of refugees.

North Korea is "at the epicentre of an extremely tense security crisis", involving "a nuclear standoff where tens of millions of lives are at stake," Henri Feron, Senior Fellow at the US Center for International Policy, told AFP.

"This raises legitimate concerns about the domestic and international instability that his death could cause."

Footage showed Kim in his trademark black suit, waving to hundreds of workers who cheered his appearance and released balloons.

He was flanked by senior officials -- including his sister and close adviser Kim Yo Jong -- and showed no outward signs of ill health.

At one point Kim sat in front of a sign that described the event as a factory opening ceremony for May 1, 2020, but his appearance could not be independently verified.

As with previous public appearances during the global coronavirus pandemic, Kim and his entourage were not wearing masks, unlike the crowd of workers at the ceremony.

Analysts said Kim could not appear in public wearing a mask as it would make him appear vulnerable to the North Korean people.

The North has insisted that it has not seen a single case of coronavirus, although experts say that is unlikely.

Kim's repeated appearances without a mask had led some to speculate that he may have caught the virus.

Reporting from inside the isolated North is notoriously difficult, especially on matters relating to its highly secretive leadership.

- Rumours of ill health -

The North Korean leader had not made a public appearance since presiding over a Workers' Party politburo meeting on April 11, and the following day state media reported that he had inspected fighter jets.

Daily NK, an online media outlet run mostly by North Korean defectors, had reported that Kim was undergoing treatment after a cardiovascular procedure last month.

Citing an unidentified source inside the country, it said Kim -- who is in his mid-30s -- had needed urgent treatment due to heavy smoking, obesity and fatigue.

CNN then reported that Washington was "monitoring intelligence" that Kim was in "grave danger" after undergoing surgery, quoting an anonymous US official.

Officials in Seoul had consistently downplayed the reports and a presidential security advisor said that Kim was "alive and well" and staying in the eastern resort town of Wonsan.

US President Donald Trump suggested earlier this week that Washington believed Kim to be alive and declined to immediately comment on Kim's apparent re-emergence.

Trump and Kim have met three times, although talks on the North's nuclear capabilities have long been stalled with no sign of them resuming.

Analysts say Kim is likely to make another public appearance in the coming days that will be reported by state media.

But Pyongyang "probably won't explain Kim's recent absence given the secrecy around the leader's health and schedule," said Leif-Eric Easley, a professor of international studies at Ewha University in Seoul.

Previous absences from the public eye on Kim's part have also prompted speculation about his health.

Kim's father and predecessor had been dead for two days before anyone outside the innermost circles of North Korean leadership was aware.

In 2014, Kim Jong Un dropped out of sight for nearly six weeks before reappearing with a cane. Days later, the South's spy agency said he had undergone surgery to remove a cyst from his ankle.

Agence France-Presse

Tuesday, April 18, 2017

North Korea says ready to hit back if US attacks


UNITED NATIONS, United States — North Korea is preparing for “any mode of war” triggered by US military action, Pyongyang’s envoy to the United Nations warned Monday, saying his country would respond to a missile or nuclear strike “in kind.”

The statement from North Korea’s deputy ambassador to the United Nations, Kim In Ryong, followed warnings from US Vice President Mike Pence to Pyongyang not to test US resolve.

“If the United States dares opt for a military action (…) the DPRK is ready to react to any mode of war desired by the Americans,” Kim told a news conference at UN headquarters in New York.

“We will take the toughest counteraction against the provocateurs,” he said.

North Korea has taken “self-defensive” measures in response to US threats of military action and these reflect Pyongyang’s determination to “counter nukes and ICBM in kind,” Kim said, referring to intercontinental ballistic missiles.

Pence earlier told a news conference in South Korea that “the era of strategic patience is over” after North Korea on Sunday test-fired another missile and fears mounted that it may be preparing a sixth nuclear test.

Pyongyang is seeking to develop a long-range missile capable of hitting the US mainland with a nuclear warhead, and has so far staged five nuclear tests, two of them last year.

Kim also confirmed that a new nuclear test was under preparation, saying that the plans had been announced and that “it will take place.”

“As far as nuclear test is concerned, it was already announced to the public. It is something that our headquarters decided. At a time and at the place where our headquarters deem necessary, it will take place,” he said.

‘Got to behave’

US President Donald Trump’s decision at the weekend to send the Carl Vinson carrier-led navy strike group to the Korean peninsula shows that the “US reckless moves for invading the DPRK have reached a serious phase,” said Kim.

The North Korean deputy envoy asserted that Pyongyang would hold the United States “wholly accountable for the catastrophic consequences to be entailed by its outrageous actions.”

The envoy criticized the US missile strikes that hit an air base in Syria last week, saying Washington was resorting to a “gangster-like logic” that its military action was proportionate and could apply to the Korean peninsula as well.

Trump on Monday said his message to North Korean leader Kim Jong-Un was: “Got to behave.”

UN spokesman Stephane Dujarric separately expressed concern over rising tensions on the Korean peninsula and said the latest missile test was “troubling”.

He urged North Korea to “take all the steps necessary to de-escalate the situation and return to dialogue on denuclearization.”

US Secretary of State Rex Tillerson will next week chair a special meeting of the UN Security Council on North Korea.  CBB

source: newsinfo.inquirer.net