These North Korean Hackers Hold $47 Million In Stolen Cryptocurrency – News18

North Korean hackers — the Lazarus Group reportedly holds over $47 million in cryptocurrency, with most of it in Bitcoin (BTC), a brand new report has proven.

According to the info collected by 21.co subsidiary Dune Analytics, the infamous hacking group’s wallets include about $42.5 million in BTC, $1.9 million in Ether (ETH), $1.1 million in Binance Coin (BNB), and an extra $640,000 in stablecoins, with Binance USD (BUSD) dominant.

The report tracked 295 wallets recognised by the US authorities as belonging to Lazarus Group. However, there’s a notable lower within the quantity of crypto held by the group from $86 million on September 6, shortly after the Stake.com hack wherein Lazarus was implicated.

On September 4, about $40 million was stolen from the crypto on line casino Stake.com. Although the reported holdings are vital, the researchers consider that the precise quantity could also be a lot larger.

The estimate was referred to as a “lower-bound estimation” based mostly on publicly obtainable data, based on the report.

“If you have identified or are aware of any other hacks that have been disclosed, please contact us so we can track the assets in this dashboard,” the researchers stated.

Meanwhile, a latest report revealed that the Group has been held answerable for stealing round $240 million value of crypto property within the final 104 days.

According to the blockchain surveillance agency Elliptic, the hacking group stole crypto property from Atomic Wallet ($100 million), CoinsPaid ($37.3 million), Alphapo ($60 million), and Stake.com ($41 million).

The hacking group has been linked to 5 main crypto hacks over the previous three months. The newest, based on blockchain information, was the worldwide cryptocurrency trade CoinEx, which was hacked final week for an estimated quantity of $53 million.

(This story has been edited by News18 employees and is revealed from a syndicated news company feed – IANS)