The US Treasury has sanctioned eight North Korean nationals and two companies accused of helping Pyongyang launder funds from crypto theft and fraudulent IT work to support its nuclear weapons programme. The Office of Foreign Assets Control, which is part of the Treasury, said in a statement today that the North Korean network — spanning China, Russia, and North Korea — involved state bankers, cybercriminals, and IT workers who helped move illicit revenue through international financial channels. North K ...

Group 1: SwissBorg Incident - SwissBorg reported that approximately 192,600 SOL, valued at $41.5 million, was stolen from an external wallet used for its SOL Earn strategy due to a compromised API from a partner [1] - The exploit affected fewer than 1% of users and represented about 2% of SwissBorg's total assets, with all other funds and strategies remaining secure [1] - SwissBorg is pausing SOL Earn redemptions while recovery efforts are underway and has committed to covering any shortfall to ensure no user losses [1] Group 2: Ledger Warning - Ledger's CTO, Charles Guillemet, warned of a large-scale supply chain attack after a reputable developer's NPM account was compromised, with malicious code affecting packages with over 1 billion downloads [2] - The malicious code is designed to swap crypto wallet addresses in transactions, potentially leading users to send funds directly to the attacker [2] - Guillemet noted that almost zero crypto users were affected by the hack, highlighting the interconnectedness of open-source software and the rapid impact of security lapses in developer tools on the crypto economy [2]