Crypto:
32277
Bitcoin:
$92.094
% 0.92
BTC Dominance:
%58.9
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Market Cap:
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% 2.13
Fear & Greed:
83 / 100
Bitcoin:
$ 92.094
BTC Dominance:
% 58.9
Market Cap:
$3.07 T

Microsoft Issues Warning on Cryptocurrency Security

Microsoft

In a recent announcement, Microsoft revealed a significant threat that cryptocurrency users who browse with Chrome narrowly avoided.

According to a report from Microsoft, North Korean hackers attempted to exploit an undiscovered vulnerability in Chrome-based browsers on August 19th, aiming to steal cryptocurrency.

This security flaw, which posed a serious risk to the cryptocurrency sector, was swiftly patched by Google on August 21st.

Microsoft’s report stated, “We have high confidence that the observed breach can be attributed to a North Korean threat actor targeting the cryptocurrency sector for financial gain.”

The hackers were linked to a group known as Citrine Sleet, notorious for exploiting security flaws within the crypto industry. Citrine Sleet is reportedly associated with North Korea’s Reconnaissance General Bureau’s 121st Bureau, a well-known cyber warfare unit.

This incident is part of a broader pattern of cyberattacks attributed to North Korea. A recent UN Security Council report disclosed that North Korean hackers have stolen $3 billion worth of cryptocurrency in the past seven years across 58 suspected cyberattacks. The U.S. government has warned that these hackers will continue targeting vulnerabilities in crypto firms, gaming companies, and exchanges to generate and launder funds.

Citrine Sleet is particularly notorious for its focus on financial institutions managing cryptocurrencies. The group employs a unique trojan malware named AppleJeus, designed to gather the necessary information to seize control of victims’ crypto assets.

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