Friday, 11 Jul 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > North Korea-linked hackers stole $620 million in Axie Infinity cryptocurrency heist, FBI says
World

North Korea-linked hackers stole $620 million in Axie Infinity cryptocurrency heist, FBI says

Enspirers | Editorial Board
Share
North Korea-linked hackers stole 0 million in Axie Infinity cryptocurrency heist, FBI says
SHARE
A coin withe an Ethereum logo on top of other gold coins

The hack included more than $20 million in Ethereum, bZx said in a blog post.Dado Ruvic/Reuters

  • The FBI said hackers linked to North Korea were behind the attack on Axie Infinity’s Ronin Network in March.

  • The FBI said the hackers including the infamous Lazarus Group were behind the theft of $620 million.

  • The heist is believed to be one of the largest in the crypto world.

North Korea-linked hackers were behind the theft of $620 million in cryptocurrency from players of online game Axie Infinity, US authorities said Thursday.

Axie Infinity is a non-fungible token-based online game that allows players to earn an in-game currency linked to the ethereum blockchain.

Hackers made off with the money after targeting Axie Infinity’s blockchain project Ronin Network, which allowed users to transfer crypto in and out of the game.

The video gaming company disclosed the massive security breach last month, and the theft is believed to be one of the largest in the crypto world.

“Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of $620 million in Ethereum reported on March 29th,” the FBI said in a statement Thursday.

The US Treasury Department on Thursday also added a “wallet,” or cryptocurrency address, linked to the Axie Infinity hack to its sanction list for the Lazarus Group.

The notorious Lazarus Group has been linked to the WannaCry ransomware attack in 2017 and the hacking of Sony Pictures in 2014.

During the Sony Pictures attack, hackers demanded the studio withdraw the then-upcoming satirical film “The Interview”, which depicted a plot to assassinate North Korean leader Kim Jong Un.

North Korea’s hacking program is an important source of revenue for the government to fund its nuclear and ballistic missile activities, according to a United Nations report.

By conducting cyberattacks on cryptocurrency exchanges, Pyongyang avoids international sanctions.

North Korea stole nearly $400 million worth in cryptocurrency in 2021, which made it a “banner year” for the country’s cybercriminals, according to blockchain analysis firm Chainalysis.

The country’s cyberwarfare unit is believed to number 6,000 hackers, operating from countries including Belarus, China, India, Malaysia and Russia, according to a 2020 US military report.

North Korea has routinely denied hacking allegations.

Read the original article on Business Insider

Share This Article
Twitter Email Copy Link Print
Previous Article UK says Rwanda flights to start in weeks; critics slam plan UK says Rwanda flights to start in weeks; critics slam plan
Next Article Nandine: South London’s Kurdish culinary gem deserves all the hype Nandine: South London’s Kurdish culinary gem deserves all the hype

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Skip Bayless Reveals Why Russell Westbrook Is Not A Corridor of Famer

(Picture by Christian Petersen/Getty Pictures)   Skip Bayless is at all times good for a…

By Enspirers | Editorial Board

Stat Reveals How Dan Campbell Has Had Outstanding Turnaround With Lions

(Photograph by Andy Lyons/Getty Pictures)   By holding on for a 23-20 win over the…

By Enspirers | Editorial Board

Meghan Markle pays her respects to 21 victims of Texas school shooting in surprise appearance

Meghan Markle has traveled to Uvalde, Texas to pay her respects at a memorial set…

By Enspirers | Editorial Board

‘Smallville’ Star Erica Durance Strikes On With New Man After Finalizing Divorce

'Smallville' Star Erica Durance Finalizes Divorce ... Strikes On With New Man Revealed April 1,…

By Enspirers | Editorial Board

You Might Also Like

Barnaby Joyce vows to wind again ‘lunatic crusade’ of web zero with non-public member’s invoice
World

Barnaby Joyce vows to wind again ‘lunatic crusade’ of web zero with non-public member’s invoice

By Enspirers | Editorial Board
Unite votes to droop Angela Rayner membership over Birmingham bin strikes
World

Unite votes to droop Angela Rayner membership over Birmingham bin strikes

By Enspirers | Editorial Board
Trump heads to Texas every week after devastating floods – US politics dwell
World

Trump heads to Texas every week after devastating floods – US politics dwell

By Enspirers | Editorial Board
5 reported useless in Gaza after Israeli strike on faculty sheltering displaced individuals – Center East disaster dwell
World

5 reported useless in Gaza after Israeli strike on faculty sheltering displaced individuals – Center East disaster dwell

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?