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 Binance helped US authorities freeze 44M linked to DPRK cybercrime orgs

Binance helped US authorities freeze 44M linked to DPRK cybercrime orgs


Published: 2023-05-25


1. Binance-US Authorities Freeze Crypto DPRK Cybercrime Binance,one of the world's largest cryptocurrency exchanges,partnered with US authorities to freeze assets associated with cybercrime activities committed by Lazarus Group - a hacking group widely believed to be backed by North Korea. The group reportedly used phishing and malware attacks to obtain and launder cryptocurrencies worth millions of dollars. Binance's cooperation with the US Department of Justice and the Internal Revenue Service (IRS) in this operation represents a significant development in the ongoing fight against cybercrime in the cryptocurrency space.

2. North Korea's Connection to Cybercrime Despite widespread international sanctions,North Korea has been accused of using cyberattack tactics to obtain funds for its government. Lazarus Group has been linked to previous cyberattacks on various financial institutions and is believed to be behind the 2017 WannaCry ransomware attack. By leveraging its technical expertise,North Korea could use these illegally obtained funds to support its weapons program and circumvent international sanctions.

3. Binance's Role in Combating Cybercrime Binance has been recognized for its efforts to combat illicit activities on its platform,including its establishment of a dedicated team to investigate suspicious transactions and cooperation with law enforcement agencies. By assisting US authorities in this operation,Binance has demonstrated its commitment to maintaining the integrity of the cryptocurrency space and preventing criminals from exploiting it for illicit activities. However,questions remain about the efficacy of global regulations in curbing such activities,especially in the absence of international consensus on how to regulate cryptocurrencies.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,670.00 1,005,639,507.15
2 ARS title=ARS 1,108.40 921,750,633.70
3 ETH title=ETH 3,071.81 476,794,336.59
4 SOL title=SOL 170.07 430,746,765.02
5 BONK title=BONK <0.01 193,890,904.64
6 PEPE title=PEPE <0.01 182,069,292.88
7 WIF title=WIF 2.52 162,696,784.54
8 DOGE title=DOGE 0.15 105,230,948.44
9 FTM title=FTM 0.86 83,962,512.96
10 LINK title=LINK 16.98 71,823,284.31
11 RNDR title=RNDR 10.19 70,486,593.62
12 BOME title=BOME 0.01 68,034,748.83
13 RUNE title=RUNE 6.64 55,945,522.81
14 NEAR title=NEAR 7.81 54,074,561.89
15 ENA title=ENA 0.71 51,517,053.47
16 XRP title=XRP 0.51 51,341,210.89
17 FLOKI title=FLOKI <0.01 48,372,150.36
18 ORDI title=ORDI 40.18 47,066,101.34
19 CREAM title=CREAM 85.23 42,422,729.20
20 BCH title=BCH 487.80 40,900,079.51
21 RSR title=RSR <0.01 39,833,451.17
22 AVAX title=AVAX 35.65 38,629,273.76
23 PEOPLE title=PEOPLE 0.05 36,774,901.65
24 WLD title=WLD 4.77 33,372,588.68
25 ICP title=ICP 12.67 30,672,496.73
26 PYTH title=PYTH 0.38 29,178,001.93
27 AEVO title=AEVO 0.81 28,603,090.49
28 BLZ title=BLZ 0.28 28,029,912.92
29 FIL title=FIL 5.59 27,650,558.50

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 85.23 +46.57
2 FarmBot title=FARM 78.46 +16.10
3 Phala title=PHA 0.20 +9.43
4 BinaryX title=BNX 1.08 +8.05
5 Bonk title=BONK <0.01 +7.87
6 OAX title=OAX 0.24 +7.39
7 Marlin title=POND 0.02 +7.34
8 Ooki title=OOKI <0.01 +5.20
9 Viction title=VIC 0.45 +4.64
10 Chainlink title=LINK 16.98 +4.10
11 Reserve Rights title=RSR <0.01 +2.57
12 Bitcoin Cash title=BCH 487.80 +2.37
13 Akropolis title=AKRO <0.01 +1.84
14 Keep3rV1 title=KP3R 76.45 +1.77
15 Unifi Protocol DAO title=UNFI 3.96 +1.43
16 aelf title=ELF 0.53 +1.33
17 Render title=RNDR 10.19 +0.96
18 PAX Gold title=PAXG 2,406.00 +0.80
19 ConstitutionDAO title=PEOPLE 0.05 +0.60
20 eCash title=XEC <0.01 +0.60
21 Hive title=HIVE 0.32 +0.57
22 AS Roma Fan Token title=ASR 3.74 +0.38
23 Arweave title=AR 47.15 +0.33
24 BEAMX title=BEAMX 0.02 +0.04

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bluzelle title=BLZ 0.28 -13.93
2 Pyth Network title=PYTH 0.38 -13.10
3 Tensor title=TNSR 0.81 -11.11
4 Manchester City Fan Token title=CITY 3.12 -10.05
5 Saga title=SAGA 2.11 -9.88
6 Quickswap [OLD] title=QUICK 0.05 -8.26
7 Manta Network title=MANTA 1.46 -8.23
8 Starknet title=STRK 1.05 -7.71
9 Lisk title=LSK 1.80 -7.55
10 Bounce title=AUCTION 13.76 -7.22
11 Celestia title=TIA 8.91 -7.09
12 DIA title=DIA 0.47 -7.08
13 Ethena title=ENA 0.71 -7.08
14 Pixels title=PIXEL 0.34 -6.78
15 Omni Network title=OMNI 13.99 -6.73
16 0x Protocol title=ZRX 0.55 -6.56
17 Portal title=PORTAL 0.75 -6.46
18 Massive Protocol title=MAV 0.35 -6.46
19 ForTube title=FOR 0.02 -6.41
20 Neutron title=NTRN 0.65 -6.37
21 Hooked Protocol title=HOOK 0.78 -6.29
22 NFPrompt title=NFP 0.44 -6.09
23 Fusionist title=ACE 4.58 -6.07
24 Game title=GTC 1.15 -6.05
25 Celo title=CELO 0.82 -6.02
26 Polymesh title=POLYX 0.43 -5.85
27 Grok title=XAI 0.60 -5.77
28 Dymension title=DYM 2.56 -5.74
29 Golem title=GLM 0.51 -5.74
30 Enzyme title=MLN 20.24 -5.73

Bitcoin's Greed and Fear Index.

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72
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Microsoft faces multibillion dollar fine in EU over Bing AI 2024-05-19
2 Bitcoins 669K price holds strong casts doubts on a deep correction 2024-05-19
3 Phantom Wallet climbs Apple app store charts Bullish sign for Solana 2024-05-19
4 XRPL on chain transactions jump 108 in Q1 2024 2024-05-19
5 Venezuela bans crypto mining to protect power grid 2024-05-19
6 Bitcoin clings to 67K but analysis warns of 10 BTC price drop next 2024-05-19
7 Tornado Cash verdict has chilling implications for crypto industry 2024-05-19
8 OpenAI leadership responds to former employee safety allegations 2024-05-19
9 Microsoft faces multi billion dollar fine in EU over Bing AI 2024-05-19
10 Bitcoin039s 669K price holds strong casts doubts on a 039deep correction039 2024-05-19
11 Crypto personality pleads guilty to fraud after promising 60 fictitious returns 2024-05-18
12 Aussie admits to promoting BitConnect crypto services without a license 2024-05-18
13 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
14 Genesis Global secures court approval for 3B payout 2024-05-18
15 US authorities bust 73M crypto scam make two arrests 2024-05-18
16 AI safety researchers leave OpenAI over prioritization concerns 2024-05-18
17 What is the Ethereum ETH burn address 2024-05-18
18 LayerZero identifies over 800K addresses in sybil self reporting phase 2024-05-18
19 Godfather of AI advises UK government to start UBI 2024-05-18
20 US Treasury strategy would tighten virtual asset regulations increase AI use 2024-05-18
21 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
22 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
23 Blockchain gaming investments reached nearly 1B in April 2024-05-18
24 Crypto Biz Galaxy CoinShares Q1 results ETFs on the blockchain and more 2024-05-18
25 Alex Labs freezes 39M of exploited funds sent to CEXs after hack 2024-05-18
26 Ghana Singapore conduct trade in semi fungible token pilot project 2024-05-18
27 Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18
28 Crypto personality pleads guilty to fraud after promising 60 039fictitious039 returns 2024-05-18
29 Biden may rethink SAB 121 vote veto due to political support for crypto 2024-05-18
30 Over 80 of recent Binance token listings are bleeding red 2024-05-17
31 Binance exec denied bail in Nigeria money laundering trial 2024-05-17
32 Sony warns 700 AI devs music streaming companies against content misuse 2024-05-17
33 How to trade crypto in the UK using Revolut X 2024-05-17
34 Binance backed Magic Square IDO platform to democratize retail investor access 2024-05-17
35 Is onboarding too hard Crypto adoption still faces major obstacles 2024-05-17
36 Bitcoin preps 039golden cross039 which last sparked 170 BTC price gains 2024-05-17
37 Dolce amp Gabbana face class action lawsuit after NFT delivery kerfuffle 2024-05-17
38 Crypto firms rally behind FIT21 bill approaching US House floor vote 2024-05-17
39 Harvard built hacker proof quantum network in Boston using existing fiber cable 2024-05-17
40 French regulator warns investors Bybit provided services illegally 2024-05-17
41 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
42 Big miners pose a growing existential threat to Bitcoin 2024-05-17
43 VC Roundup Web3 infrastructure tokenization of everything drawing investors 2024-05-17
44 Bitcoin moves toward range highs but derivatives traders watch from the sidelines 2024-05-17
45 039Crypto King039 Aiden Pleterski faces fraud money laundering charges 2024-05-17
46 Bybits Notcoin listing debacle China firms profits up 1100 after crypto buy Asia Express 2024-05-17
47 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
48 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
49 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
50 Reentrancy attacks in smart contracts explained 2024-05-16

US news that has a significant impact on the market

at news day date time
1 Fed Chair Powell Speaks Sunday 19-05-2024 20:30
2 FOMC Member Bostic Speaks Monday 20-05-2024 12:30
3 FOMC Member Bostic Speaks Monday 20-05-2024 13:45
4 FOMC Member Waller Speaks Monday 20-05-2024 14:00
5 FOMC Member Barr Speaks Monday 20-05-2024 14:00
6 FOMC Member Jefferson Speaks Monday 20-05-2024 15:30
7 FOMC Member Mester Speaks Monday 20-05-2024 19:00
8 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
9 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
10 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
11 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
12 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
13 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
14 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
15 Existing Home Sales Wednesday 22-05-2024 15:00
16 Crude Oil Inventories Wednesday 22-05-2024 15:30
17 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
18 Unemployment Claims Thursday 23-05-2024 13:30
19 Flash Manufacturing PMI Thursday 23-05-2024 14:45
20 Flash Services PMI Thursday 23-05-2024 14:45
21 New Home Sales Thursday 23-05-2024 15:00
22 Natural Gas Storage Thursday 23-05-2024 15:30
23 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
24 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
25 Durable Goods Orders m/m Friday 24-05-2024 13:30
26 FOMC Member Waller Speaks Friday 24-05-2024 14:35
27 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
28 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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