North Korean Hackers Bag Another $100m in Crypto Heists


North Korea’s infamous Lazarus hacking group has been linked to two new attacks on cryptocurrency firms which led to the theft of nearly $100m in virtual currency.

Tallinn-headquartered payments gateway CoinsPaid said in an update this week that $37.3m was stolen from the firm.

“We believe Lazarus expected the attack on CoinsPaid to be much more successful,” it added.

“In response to the attack, the company’s dedicated team of experts has worked tirelessly to fortify our systems and minimise the impact, leaving Lazarus with a record-low reward. Indeed, our security measures and procedures allowed CoinsPaid to prevent higher loss of funds.”

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