Lazarus Arises!
The North Korean hacking group has been more than a little busy recently.
In 2024, North Korea-linked groups stole $1.3 billion in cryptocurrency, and they surpassed that mark in just one month in 2025, raking in $1.4 billion in the infamous Bybit hack. According to data from Chainalysis released in December 2024, the overall number of hacks around the world has seen an increase, despite the fact that the total amount stolen in 2023 and 2024 did not match the peak years of 2021-2022.
The $1.4 billion hack carried out by the Lazarus group in February indicates that 2025 is not starting on a positive note.
As Lazarus continues to move its stolen funds, crypto investors are increasingly turning to non-custodial wallets to securely store their assets. The Best Wallet is leading the way in providing top-notch security, making the Best Wallet Token presale one of the best investments currently available.
Lazarus Moves 400 ETH, Launches New Malware
If you’ve successfully stolen 400,000 Ethereum from a major exchange, what’s next? For Lazarus, the answer lies in laundering the illicit funds—a process that requires time and meticulous planning. Recently, they shifted 400 ETH into Tornado Cash, a protocol designed to obscure the trail of cryptocurrency.
Tornado Cash facilitates transactions through shared pools, allowing users to deposit their cryptocurrency, receive a private key, and then withdraw their assets to a different wallet, thereby circumventing the transparent nature of blockchain. While skilled crypto analysts can sometimes track these movements, it remains a daunting task.
Once the funds exit Tornado’s tumblers, monitoring them becomes extremely complex.
Crypto Founders Targeted in Elaborate Scams
Despite an active presence in the hacking landscape, North Korean groups are also ramping up their scams, now focusing on prominent crypto founders.
These scams often involve multilingual Zoom calls, fabricated audio issues, and adept social engineering tactics aimed at persuading targets to impulsively install malware disguised as a software update. Once activated, the malicious program can capture private keys, resulting in significant breaches.
Fortunately, not all targeted individuals fall victim to these schemes. Crypto founders Giulio Xiloyannis and David Zhang managed to intercept the scam before it led to disastrous consequences. Xiloyannis recognized that the ‘VCs’ on the line could hear him and stayed on the current call to confront the scammers directly. Zhang was quick to act as well, utilizing a tablet incompatible with the attackers’ software.
Their proactive measures helped them avert what could have been another successful heist by Lazarus.
$BEST Increases Best Wallet Utility with Improved Staking APYs and Reduced Transaction Fees
With even high-profile crypto founders falling prey to attacks, average investors are left to ponder their own security measures. Prioritizing wallet security is essential in defending against potential threats, and the Best Wallet app excels in this regard as a non-custodial solution. With robust sign-on methods and full biometric authentication, it stands as one of the most secure crypto wallet options available.
The $BEST token enhances the Best Wallet experience by providing improved staking returns, reduced transaction fees, and exclusive access to new crypto presales.
Investors who hold $BEST can capitalize on these benefits, making both the Best Wallet and the Best Wallet Token indispensable tools for security-conscious traders. Learn how to acquire Best Wallet Token and explore the best crypto investment options for 2025.
The $BEST presale is currently live, having raised over $10.9 million so far, with tokens priced at $0.024325.
As always, conducting your own research is crucial to making informed investments and avoiding scenarios similar to North Korean scams. Remember, none of this qualifies as financial advice, given the volatile nature of the cryptocurrency market.
To ensure security and enhance token utility, take a closer look at the $BEST presale, and remain cautious during those Zoom calls.
