North Korean Hackers Move $38M Through Relay Protocol in 7 Hours

Share

Hackers linked to North Korea moved approximately $38 million through the cross-chain Relay Protocol over seven hours on October 31, 2026. Relay’s know-your-transaction system was activated during the episode, but the transfers reportedly continued without interruption. One specific Tron address was identified, providing investigators and compliance teams with a concrete lead for tracing the funds. Relay supports transfers across more than 85 networks and had processed over $8.5 billion in cumulative volume by early 2026. A comparison with THORChain, where the same actors reportedly struggled to move comparable amounts as quickly, raises questions about the effectiveness of Relay’s screening controls.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items