North Korea’s $1.13 Billion Bitcoin Stash: A Fintech Dilemma in Cybersecurity and Sanctions
North Korea has emerged as an unexpected power player, amassing a staggering $1.13 billion worth of Bitcoin stash. This development presents a complex dilemma at the intersection of fintech, cybersecurity, and international sanctions.
North Korea’s Lazarus Group Implicated in Historic $1.4 Billion Bybit Crypto Heist
On February 21, 2025, Bybit, the world’s second-largest crypto exchange, suffered a $1.4 billion Ethereum theft by North Korea’s Lazarus Group. This unprecedented heist breached Bybit’s cold wallet, raising concerns about the security of trusted crypto platforms.