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North Korean hackers linked to crypto thefts among world's best, experts say

A US State Department spokesman said North Korean cybercrime is a “global problem”

North Korean hackers linked to crypto thefts among world's best, experts say

North Korean hackers, linked to the group known as "TraderTraitor," are believed to be responsible for the record $6.3 billion theft from cryptocurrency exchange Binance. These hackers are considered among the most prolific crypto thieves in the world. Their activities help fund North Korea's weapons programs, according to cybersecurity experts. The stolen funds have been traced to Chinese organized crime groups after they pass through the hands of the hackers.

Brief written by urgent.news from The Hindu - Sci-Tech's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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Sun Pharma Q2 profit takes a hit on exceptional items

Sun Pharmaceutical has seen a notable 36% drop in net profit, juxtaposed with an 11.8% rise in consolidated revenue. The uplift in revenue can be attributed largely to strong sales growth in India and…

  • Sun Pharma's net profit declined 36% to ₹1,989 crore in Q2 due to exceptional items.
  • Overall revenue rose 11.8% to ₹16,100 crore, with India and emerging markets driving growth.
  • Adjusted net profit was ₹3,162 crore, EBITDA increased 4.8% to ₹4,744 crore.

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