Monday Dec 22, 2025
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home In Brief

N. Korean hackers behind massive cryptocurrency theft

by  Reuters and ILH Staff
Published on  04-15-2022 13:00
Last modified: 04-15-2022 12:46
Cryptocurrency crime reaches $14B in 2021akub Porzycki/NurPhoto via Getty Images

Representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on Sept. 28, 2021 | File photo: akub Porzycki/NurPhoto via Getty Images

Share on FacebookShare on Twitter

The United States has linked North Korean hackers to the theft of hundreds of millions of dollars' worth of cryptocurrency tied to the popular online game Axie Infinity, the US Treasury Department said on Thursday.

Follow Israel Hayom on Facebook, Twitter, and Instagram

Ronin, a blockchain network that lets users transfer crypto in and out of the game, said digital cash worth almost $615 million was stolen on March 23.

No one has explicitly assigned blame for the hack, but on Thursday the US.Treasury identified a digital currency address used by the hackers as being under the control of a North Korean hacking group often dubbed "Lazarus."

"The United States is aware that the DPRK has increasingly relied on illicit activities – including cybercrime – to generate revenue for its weapons of mass destruction and ballistic missile programs as it tries to evade robust US and UN sanctions," a Treasury Department spokesperson said, using the initials of North Korea's official name.

The spokesperson warned that those transacting with the wallet risk exposure to US sanctions.

Blockchain analytics firms including Chainalysis and Elliptic said the designation confirmed that North Korea was behind the break-in.

A person familiar with the matter confirmed that North Korean hackers had been the focus of the cybersecurity firm's investigation for the past couple of weeks.

CrowdStrike, which was hired by Sky Mavis to investigate the breach, also declined comment.

Aleksander Larsen, the co-founder of Sky Mavis, which makes Axie Infinity, declined comment.

Related Posts

Ashdod Port makes global top 10 for reliabilityLiron Moldovan

Ashdod Port makes global top 10 for reliability

by ILH Staff

Port of Ashdod ranks 9th in the “Port Reliability Index” out of 202 ports worldwide, marking the first time the...

In first, police inaugurates bulletproof ambulances

In first, police inaugurates bulletproof ambulances

by Itsik Saban

"We have only recently finished debriefing the events of Oct. 7," Israel Police Commissioner Yaakov Shabtai says. "There were officers...

Israel to hold 7th annual national waste conferenceHiriya Recycling Park

Israel to hold 7th annual national waste conference

by ILH Staff

  The 7th Annual Waste Management Conference, set for Tuesday, comes as Israel faces a critical juncture in waste management....

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il