Wallet

North Korean agents have infiltrated the cryptocurrency industry at unprecedented levels, with 15% to 20% of digital asset firms potentially employing state-backed operatives, according to Security Alliance member Pablo Sabbatella. Between 30% and 40% of job applications to crypto companies may originate from North Korea-linked actors. These individuals gain access to internal systems, production environments, and sensitive infrastructure after being hired through fraudulent recruitment channels.

A 10-month cross-border investigation traced criminal funds through Binance, OKX, Coinbase, Kraken, Bybit, and KuCoin, according to the International Consortium of Investigative Journalists. Researchers documented over $408 million in transfers from Huione Group to Binance between July 2024 and July 2025. OKX received more than $226 million from Huione in the five months following its February 2025 guilty plea for operating an unlicensed money transmitter.

India's Enforcement Directorate has frozen ₹8.46 crore held across 92 bank accounts, including balances at CoinDCX and several cryptocurrency wallets, as part of an investigation into a ₹285 crore cyber-fraud network. The probe identified fraudulent apps and platforms that used task-based earning schemes to lure victims before blocking their withdrawals.

Cash App plans to transition money transfers to blockchain infrastructure in early 2026. Users will send digital dollars instantly through stablecoins without requiring crypto expertise. The initial deployment will utilize USDC on Solana.

Opera's MiniPay wallet has connected USDT to real-time payment infrastructure across Latin America via a Noah-powered integration. The feature enables over 10 million users to pay merchants directly through Mercado Pago in Argentina and PIX in Brazil using stablecoin balances. The capability was announced at Ethereum Devconnect in Buenos Aires.

World Liberty Financial disclosed that a subset of user wallets was compromised through phishing attacks before its token went live. The project attributed the breach to third-party security lapses rather than flaws in its own platform. Affected accounts have been frozen while the project implements a KYC-based recovery process.

World Liberty Financial burned 166.667 million WLFI tokens valued at $22.14 million from compromised wallets and transferred them to secure recovery addresses. The emergency action followed phishing attacks that affected a limited number of user accounts before the platform's official launch, according to Arkham analyst data.

World Liberty Financial is moving user assets to secure wallets after third-party vulnerabilities compromised a subset of accounts. The Trump-linked platform froze affected wallets in September and is conducting KYC verification before transferring funds. The platform has not disclosed the number of impacted accounts or total asset value.

South Korean internet company Naver will hold a board meeting next week to approve its acquisition plan for Dunamu, parent company of cryptocurrency exchange Upbit. The transaction will be structured as a full equity swap through Naver Financial, the company's fintech subsidiary. Dunamu will convene its own board meeting on November 26 to finalize transaction details, with the share-swap ratio estimated at 1:3 or 1:4.

Phishing attacks targeting cryptocurrency users result in millions of dollars in annual losses. Users can protect themselves by verifying website URLs, checking SSL certificates, reviewing platform reputation, inspecting smart contract addresses, and using browser security extensions to detect fraudulent sites before entering credentials or transferring funds.