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North Korea Denies Involvement in International Hacking Incident, Calling It "Political Smear Campaign"

BlockBeats News, May 4th - According to Yonhap News Agency, the North Korean Ministry of Foreign Affairs responded to recent accusations of involvement in international hacking incidents, stating that the allegations were false information driven by political motives and amounted to a "ridiculous smear" on the country's reputation.


The spokesperson stated that the United States has been promoting the so-called "North Korean cyber threat" through government agencies, media, and think tanks, aiming to spread misinformation to the international community. This effort aims to weaponize cybersecurity issues to interfere in other countries' domestic affairs and violate their sovereignty. The North Korean side strongly opposes this and has stated that it will take necessary measures to safeguard national interests.


Previously, North Korea has been implicated in several major cyberattacks. On April 18th, the DeFi project Kelp DAO was hacked, resulting in a loss of approximately $290 million. Some opinions suggest that this incident may be linked to the North Korean-associated hacker group Lazarus Group.


BlockBeats previously reported that on May 1st, TRM Labs released a new report stating that North Korean hackers stole nearly $600 million worth of cryptocurrency in the Drift Protocol and Kelp DAO attacks in April, accounting for 76% of the total losses in April. TRM Labs estimates that since 2017, hackers associated with North Korea have stolen over $6 billion from cryptocurrency protocols and projects.

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