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Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic

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Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware. Lazarus Group used a new form of malware in an attempt to compromise a crypto exchange , according to an October 31 report from Elastic Security Labs. Elastic has named the new malware “KANDYKORN” and the loader program that loads it into memory “SUGARLOAD,” as the loader file has a novel “.sld” extension in its name. Elastic did not name the exchange that was targeted. Crypto exchanges have suffered a rash of private-key hacks in 2023, most of which have been traced to the North Korean cybercrime enterprise, Lazarus Group. KANDYKORN infection process. Source: Elastic Security Labs. According to Elastic, the attack began when Lazarus members posed as blockchain engineers and targeted engineers from the unnamed crypto exchange. The attackers made contact on Discord, claiming they had designed a profitable arbitrage bot that could profit from discrepancies between prices ...

CertiK receives $500K bounty after Sui blockchain threat discovery

The vulnerability dubbed “HamsterWheel” traps nodes in an endless loop similar to hamsters jogging on a wheel. Blockchain security firm CertiK has received a bounty of $500,000 from the Sui network after flagging a threat that had the potential to disrupt Sui's entire layer-1 blockchain. In an announcement sent to Cointelegraph, the CertiK team highlighted that the vulnerability dubbed "HamsterWheel" was different from traditional attacks which focus on shutting down blockchain s by crashing nodes. This attack traps nodes, letting them perform operations without processing new transactions, similar to hamsters jogging on a wheel. The attack has the capability to cripple networks and make them unable to operate. The security firm discovered the vulnerability and reported it to Sui ahead of its mainnet launch. Responding to the security threat, the Sui network implemented fixes to prevent the potential damages that an attack could inflict on the blockchain. To appreciate ...