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Home»Altcoins»Bitmex discovers security defects in the operations of the Lazare group in North Korea
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Bitmex discovers security defects in the operations of the Lazare group in North Korea

June 1, 2025No Comments4 Mins Read
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The main dishes to remember:

  • Bitmex discovered major security defects in the Lazare group in North Korea.
  • A rare intellectual property leak exposed the location of a pirate in China.
  • G7 leaders plan to resolve growing cryptographic flights from North Korea at their next summit.

The Bitmex security team has revealed significant operational weaknesses within the Lazare group, the cybercrime network sponsored by the North Korean state responsible for a series of high-level cryptographic hacks.

In a recent counter-operations probe, Bitmex researchers have identified technical missteps that revealed parts of the group’s infrastructure.

Among the discoveries were exposed IP addresses, an accessible database and monitoring algorithms used by the group in its campaigns.

Rare Slip exhibits the IP address of Lazarus Hacker in China

A key discovery suggests that a pirate probably exposed his real IP address during an operation, determining a location in Jiaxing, China – a rare lance for the highly secret group.

Researchers also had access to a Supabase database body used by attackers.

Supabase is a platform that simplifies the deployment of the database, and its use by Lazarus highlights the group’s evolutionary operational tools.

The Bitmex report underlines an increasing fracture in the internal structure of the group.

He notes an “asymmetry” between the low -skill social engineering teams, responsible for the fact that users for downloading malware, and the most advanced developers creating sophisticated exploits.

The fragmentation suggests that Lazarus has separated into subgroups with variable capacities.

While some cells are based on basic social engineering, others deploy complex technical attacks targeting the blockchain and technology sectors.

North Korea finances its program of arms with stolen cryptocurrencies through cyber attacks. The pirates stole more than $ 50 million out of at least three cryptocurrency exchanges between 2020 and mid-2021, according to a UN report pic.twitter.com/edpxkjsav3

– Reuters (@reuters) February 8, 2022

The results arise in the middle of a broader increase in CPRC cyber-activity. Global law organizations continue to investigate group operations.

In September 2024, the FBI warned against phishing scams using false job offers to attract cryptography users.

This warning was then taken up by Japan, South Korea, and US officials, who qualified Lazarus to threaten financial stability.

Now international concerns are increasing. A Bloomberg report suggests that world leaders could discuss Lazarus’ threat at the next G7 summit, exploring coordinated strategies to mitigate the damage to the group’s activities.

The Lazarus remaining an active force in the landscape of cryptographic threats, the results of Bitmex offer new information on the operational vulnerabilities of the group – and the potential avenues for disturbances.

G7 to approach the overvoltage of the cryptographic flight of North Korea

G7 leaders are expected to approach the climbing of cyber attacks and cryptocurrency flights from North Korea at the summit next month in Canada.

While global conflicts remain high on the agenda, Pyongyang cyber operations, considered a key funding source for its arms programs, draw the urgent attention of the Member States in search of coordinated action.

The Lazare group, the mostly famous Piracy collective in North Korea, is said to be at the origin of a series of major cryptography flights, including a record robbery of 1.4 billion dollars of Budg bybit in February.

Chainalysis said that the actors linked to the North Korean had stolen more than $ 1.3 billion out of 47 separate incidents in 2024 only.

Beyond the external hacks, the regime employs thug workers to infiltrate cryptographic companies from the interior-a tactic reported in a joint warning in the United States, Japan and South Korea.

North Korean cyber-boards continue to evolve. In April, the agents linked to Lazarus would have created American espionage companies to distribute malicious software to cryptography developers.

Kraken recently threw an attempted infiltration of an alleged North Korean posing as a job candidate.

Breaking: Kraken caught a North Korean pirate trying to steal it #Bitcoin

It’s wild !! pic.twitter.com/togb4kybnj

– The Bitcoin historian (@pete_rizzo_) May 1, 2025

The Bitmex position discovers security defects in Lazare group operations in North Korea appeared first on Cryptonews.





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