North Korea Among Top Bitcoin Holders With $1.15 Billion BTC Stash

In a shocking revelation, researchers from Microsoft have uncovered a significant cryptocurrency-themed malware campaign targeting North Korean hackers' wallets.

The news comes as the world continues to grapple with the increasing use of cryptocurrencies for illicit activities and state-sponsored hacking operations.

According to Microsoft, the malware, dubbed " LazarusFile," was designed to steal sensitive information from the victims' digital wallets, including Bitcoin holdings.

The investigation revealed that North Korea's government-backed hackers had amassed an impressive $1.15 billion worth of Bitcoin reserves in cryptocurrency exchanges and wallets around the world.

This staggering amount makes North Korea one of the top holders of Bitcoin globally, with estimates suggesting they have a significant portion of their illicit wealth stored in digital currencies.

The LazarusFile malware is believed to be linked to the infamous 2014 Sony Pictures hack, which was attributed to North Korean hackers. The malware's existence further highlights the sophisticated and relentless nature of state-sponsored cyber attacks.

As the world becomes increasingly reliant on digital transactions, it's essential for individuals and organizations alike to stay vigilant against such threats. Microsoft's discovery serves as a stark reminder of the need for robust cybersecurity measures and the importance of staying informed about emerging threats.

The company has urged users to remain cautious when using cryptocurrency exchanges and wallets, emphasizing the importance of regularly monitoring accounts for suspicious activity.