April 03, 2025
11 11 11 AM
Latest Post
U.S. Recession Odds Surge in Prediction Markets on Tariff Shock. What Next for BTC? XRP in Focus as RLUSD Sees $100M Minted on Ripple Payments Boost Wobble in Bitcoin, Ether, XRP Prices Cause Crypto Bulls and Bears to See $450M Liquidations Each XRP Nears Topping Pattern That Could Lead to a Downtrend, Establishing $1.07 as Support: Technical Analysis Bitcoin Nears Death Cross, Yuan Tumbles with Asian Markets After Trump Tariffs Put Focus on China’s Response U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ for Crypto in the Country The Protocol: Vana Introduces Token Standard for Data-Backed Assets President Trump to Order ‘Reciprocal Tariffs’ to Begin at Midnight Hbar Foundation Teams Up With OnlyFans Founder for TikTok Bid: Reuters

Google Warns Solana Projects That North Koreans Are Increasingly Targeting European Projects

North Korean “IT workers” are increasing illicit cyber activity across Europe with an eye on blockchain projects, Google Cloud warned in a Wednesday report.

Projects built on the popular Solana network, including applications and job boards, are getting hit by the rising attacks. Democratic People’s Republic of Korea (DPRK) operatives pose as legit remote workers to infiltrate companies, take over critical systems and steal sensitive data which is likely sold to “generate revenue for the regime.”

The increased threat in Europe is a shift from a U.S.-heavy focus as DPRK-linked entities faced heat from DOJ indictments and tighter hiring scrutiny stateside.

The report reveals that one such worker juggled 12 fake personas across the U.S. and Europe and sought employment by fabricating references, building a rapport with job recruiters, and using additional personas they controlled to vouch for their credibility.

It’s not like the workers lack coding chops either: Workers were found taking projects ranging from token hosting platform using Next.js, React and CosmosSDK, and Golang, and even created an entire Solana-based job marketplace.

More blockchain-related projects involved Anchor and Rust smart contract development. One worker even developed an artificial intelligence (AI) web application using Electron, Next.js, and blockchain applications.

A key culprit may be workplaces that let employees use their own devices.

“(Google Cloud) believes that IT workers have identified BYOD environments as potentially ripe for their schemes, and in January 2025, IT workers are now conducting operations against their employers in these scenarios,” the report said.

“Global expansion, extortion tactics, and the use of virtualized infrastructure all highlight the adaptable strategies employed by DPRK IT workers.”

DPRK entities and hacking groups are one of the biggest threat actors in the crypto ecosystem, stealing an estimated $1.3 billion from projects in 2024 and conducting a $1.5 billion hack on crypto exchange Bybit in February alone.

This post was originally published on this site