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March 25 – Foreign Ministry Spokesperson Lin Jian held a regular press conference on March 25. It was reported that Venezuelan President Maduro and his wife will appear again in a U.S. federal court on March 26. A reporter from Venezuelas Southern Television asked at the conference what specific measures China is taking, together with the international community, to ensure the release of Maduro and his wife. Lin Jian stated that the U.S.s forceful control over a head of state clearly violates the purposes and principles of the UN Charter, international law, and the basic norms of international relations. China firmly opposes this. We support Venezuela in safeguarding its sovereignty, dignity, and legitimate rights.Türkiyes Energy Minister: Regional oil dependence is at a manageable level.March 25 – Foreign Ministry Spokesperson Lin Jian held a regular press conference on March 25. An AFP reporter asked, “According to US media reports, US President Trump stated that he has proposed a peace plan to Iran and expressed optimism about ending the nearly month-long conflict. At the same time, Iran has also announced that it will allow ‘non-hostile’ oil tankers to pass through the Strait of Hormuz. What is China’s response to these latest developments?” Lin Jian stated that China is deeply concerned about the continued tension in the Middle East and its impact on regional and international peace and stability. A ceasefire is of paramount importance, and dialogue and negotiation are the way to break the deadlock. We support all efforts conducive to easing tensions, de-escalating tensions, and resuming dialogue.March 25th - Following the lifting of US sanctions, buyers rushed to purchase Russian crude oil, but adopted a more cautious approach to Iranian oil. Earlier this month, the Trump administration temporarily lifted restrictions on Russian and Iranian oil to address soaring energy prices caused by the Middle East wars. However, due to the short duration of the waivers and compliance issues, oil flows are unlikely to return to normal. Ship tracking data shows that approximately 18 oil tankers east of the Suez Canal, carrying about 13.5 million barrels of Russian crude oil, may be available for purchase. This is a decrease from the 25 tankers carrying approximately 19 million barrels of crude oil nearly two weeks ago. In contrast, according to data from Vortexa Ltd., since Iran received its waiver last Friday, its crude oil inventory in floating storage facilities has remained relatively stable at around 27 million barrels. Floating storage typically refers to oil tankers that remain idle at sea for at least a week. Vandana Hari, founder of Singapore-based consulting firm Vanda Insights, said: “I expect that countries will be more hesitant to buy Iranian oil than Russian oil if they receive a US waiver. Iranian oil may have quality issues and there are questions about the payment mechanism, while Russian oil does not have these problems.”Musk stated that X will pause and reconsider its previous decision to update the creator monetization mechanism based on the number of views a creator receives in their home country.

U.S Government Agencies Warn of More North Korean Cyber Attacks

Skylar Shaw

Apr 20, 2022 09:47

  • The US government issued a warning this week about new North Korean cyberattacks aimed against cryptocurrency.

  • The discovery comes after the Lazarus Group, a North Korean cybercriminal gang, was implicated in the Ronin breach.

  • Following a prosperous 2021, North Korea and Russia are increasing their cyberattacks.


The fact that the Lazarus Group was behind this year's Ronin assault has sent up warning bells. The Lazarus Group, a North Korean cybercriminal group linked to the state government, was behind the Axie Infinity breach in April.


The Ronin Hack, which took place in April, was the biggest ever, with hackers making off with $625 million, comprising 173.6 thousand ETH and 25.5 million USDC.

U.S Government Sounds the Alarm Bells of More Cyber Attacks

More North Korean cyberattacks are a danger, according to US government agencies this week.


The FBI and the US Treasury Department issued a joint notice with the Cybersecurity and Infrastructure Security Agency (CISA) on Monday.


"North Korean actors have been observed targeting a variety of organizations in the blockchain technology and cryptocurrency industry, including cryptocurrency exchanges, decentralized finance (DeFi) protocols, play-to-earn cryptocurrency video games, cryptocurrency trading companies, venture capital funds investing in cryptocurrency, and individual holders of large amounts of cryptocurrency or valuable non-fungible tokens (NFTs)," according to the Monday alert.

The alert continued, "


"The behavior detailed in this alert include social engineering of victims using a number of communication channels in order to persuade them to download trojanized cryptocurrency programs for Windows or macOS."


In response to an increase in cybercriminal behavior, the FBI established a new Virtual Assets Unit in March.


Since then, the squad has been active, assisting in the investigation of North Korea's Lazarus Group's involvement in the Ronin hack.


The Ronin breach, which occurred in April, was only one of several carried out by North Korean hackers.

North Korean Cybercriminal Activity Funds Missiles and More

North Korea used stolen cryptocurrency to finance its ICBM development in February.


According to data from Chainalysis, North Korea accumulated more than $400 million in digital assets last year via cybercriminal activities. Investment businesses and centralized exchanges were the primary targets of cybercriminals.


The Lazarus Group and other North Korean hackers will have an incentive to ratchet up assaults for larger hauls before vulnerable platforms implement tougher security safeguards as a result of the Ronin breach in April.


On Sunday, Russian hackers launched an unsuccessful distributed denial of service (DDoS) attempt on Currency.com. In the digital asset market, Russian cybercriminals are also among the most aggressive.

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