Ethereum Foundation finds North Korean IT workers involved in 53 crypto projects

The Ethereum Foundation has uncovered numerous instances of North Korean IT personnel infiltrating the cryptocurrency industry, Decrypt reported. Through a program conducted over approximately six months, the foundation identified around 100 IT workers linked to North Korea who were involved in about 53 crypto projects. The investigation was carried out via the ETH Rangers program, which also led to the discovery of hundreds of security vulnerabilities and the implementation of multiple countermeasures. Separately, blockchain analysis firm Chainalysis estimates that North Korean hackers stole approximately $2 billion in cryptocurrency last year.