North Korea’s Crypto Heists Start on the Open Internet

North Korea’s crypto heists end on-chain, but they start on the open internet. The Bybit theft in February 2025 began with one developer. North Korean operators tricked a Safe{Wallet} engineer into running a fake stock-trading project that called out to getstockprice[.]com (Sygnia). About two weeks later, they used that foothold to plant code in the wallet interface Bybit’s signers relied on (Bybit).

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Binance now points to a compromised DevOps engineer’s laptop (BleepingComputer), and North Korean operators have targeted engineers in exactly that role for years. Each of these operations needs a domain before it needs a victim, and Silent Push finds those domains.

After the Bybit theft, we tied bybit-assessment[.]com to a known North Korean operator persona, and the operators registered it hours before the theft. In a separate April 2025 investigation, our analysts exposed three US-registered front companies (BlockNovas, Angeloper Agency and SoftGlide) that North Korean operators used to push malware to crypto developers through fake job interviews. The FBI seized the BlockNovas domain that same week.

As a preemptive cyber defense platform, we turn that staging into Indicators of Future Attack® (IOFA) so defenders can block the lure before anyone opens it. As of October 30, our IOFA feeds list 206 Binance-named domains, every one at our maximum risk score of 100, and at least 64 of them returned live pages in our web scan data this week.

More of our research on North Korean operations

The Silent Push Preemptive Cyber Defense Team has been tracking North Korean infrastructure and personas for years. These are the public write-ups most relevant to the activity above.

Interested in Learning More?

Sources

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