North Korean IT Workers Frequently Infiltrate Crypto Firms, Lurk and Then Hack
On October 2, CoinDesk reported that more than a dozen cryptocurrency companies unknowingly hired IT workers from the Democratic People's Republic of Korea (DPRK), including established blockchain projects such as Injective, ZeroLend, Fantom, Sushi, Yearn Finance, and Cosmos Hub. Using fake IDs, these workers managed to pass interviews, pass background checks, and provide real work history.
Hiring North Korean workers is illegal in the U.S. and other countries that sanction North Korea, and multiple companies have hired and subsequently hacked North Korean IT workers. “Everyone is trying to filter out these people,” said Zaki Manian, a prominent blockchain developer. He inadvertently hired two North Korean IT workers to help develop the Cosmos Hub blockchain in 2021.
U.S. authorities have recently stepped up warnings that North Korean information technology (IT) workers are infiltrating tech companies and using the proceeds to fund nuclear weapons programs. An investigation revealed that North Korean job seekers are particularly aggressive and frequent in targeting cryptocurrency companies - successfully passing interviews, passing background checks, and even displaying an impressive history of code contributions on the open-source software repository GitHub.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.

EdiliziAcrobatica announces shareholder meeting notice

Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.