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According to user reports from the internet monitoring website DownDetector, as of 7:53 p.m. Eastern Time, some users in the United States were unable to access Netflix.The Bank of South Korea set its interest rate at 2.5% on November 27, compared with expectations of 2.50% and the previous value of 2.50%.On November 27th, multiple U.S. law enforcement officials stated that the suspect in the shooting of two National Guard members is 29-year-old Afghan citizen Rahmanullah Lakanwar, who entered the United States in 2021. Earlier that day, two National Guard members were shot near the White House. Both National Guard members sustained critical injuries and are receiving treatment at two different hospitals. The shooter is also seriously wounded.November 27th - The continued appreciation of the yen may bring a turnaround for the South Korean won. The won has lagged behind other emerging market currencies in Asia this quarter, and its correlation with the yen has surged to its highest level since 2007, ranking first among Asian currency pairs, as both currencies become more sensitive to changes in US interest rates and global risk sentiment. "The won shows a higher volatility sensitivity to the yen," noted Rohit Garg, a strategist at Citigroup. The market is currently anticipating a continuation of the yens rebound after hitting a ten-month low last week, which could drive the won stronger. Woori Bank points out that the yens movement is tied to a rare scenario: a convergence of monetary policies between the US and Japan. Economist Min Kyung-won of the bank analyzed, "Expectations of a Bank of Japan rate hike support a downward forecast for the dollar against the yen. If this is compounded by a Fed rate cut, it will strengthen the upward pressure on the yen. Once the yen strengthens, the won is likely to follow suit."Japanese chip stocks generally rose, with Kioxia shares up 3.5%, SoftBank Group up 3.7%, and Advantest up 4.3%.

North Korea’s Lazarus Group Accused of Involvement in Axie Infinity Hack

Cameron Murphy

Apr 15, 2022 10:30

North Korea's state-run Lazarus Group and other cybercriminal gangs will boost pressure on countries to scrutinize cryptocurrency exchanges more closely.


In the Axie Infinity attack, investigators identified the Lazarus Group, a North Korean cybercriminal gang.


The Ronin Bridge attack, purportedly the largest in crypto history, resulted in the theft of $552 million.


Cybercriminals from North Korea and Russia are among the most prolific in the crypto world.


As interest in digital assets and Web3 grows, fraudsters will have plenty of chances.


Several prominent crypto countries' governments and authorities have expressed alarm about the development of criminal activities.


The amount of monitoring has been so high that the FBI has created a new crypto section to combat cybercrime.


North Korean and Russian hackers, according to recent studies, have been the most active in crypto-related criminality.

North Korean Cybercriminals Implicated in the Axie Infinity Hack

Government agencies and Chainalysis verified this week that the Ronin breach was carried out by North Korea's Lazarus Group. The Ronin attack is the greatest crypto hack ever, with thieves making off with $552 million.


The Ronin Network of Axie Infinity was hacked in April.


The Ronin incident happened in March, and monies taken were 173.6k ETH and 25.5m USDC, according to reports.


Since the March breach, Chainalysis has been collaborating with US federal authorities to track down the monies that have gone missing.


The Lazarus Group's role in the Ronin hack was verified by the US Treasury Department last week. The US government updated its "Specially Designated Nationals and Blocked Persons" list with an Ethereum address related to the Lazarus Group, according to Chainalysis.


The Lazarus Group is a cybercriminal gang based in North Korea. The unit is the 414 Liaison Office in North Korea, according to North Korean defector Kim Kuk-song.

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