On March 26, Munchables suffered a 17,413 ETH hack, worth roughly $63 million.
The perpetrator was later identified as one of their own developers, allegedly affiliated with North Korea.
Today, I'm sharing a private investigation into who the hackers are and how they operate.
@bax1337@jp_koning Cybercriminals are already exploiting flaws in the registration systems of several major cryptocurrency exchanges, with Coinbase being among their targets. They are then associating valid user accounts with indicators of their net worth, such as Zillow.
I'm deeply grateful by the overwhelming response this investigation has received. A heartfelt thank you to everyone who took the time to read and share it.
I'm excited to announce that there will indeed be a continuation of this investigation in a part 2. However, prior to its public disclosure, certain procedural steps must be taken by involved entities. Unfortunately, the duration of this process is beyond my control.
Additionally, I'm conducting these investigations in my own spare time, and part 2 involves a significant amount of data processing. I'm committed to delivering high-quality insights and prefer not to rush this stage.
Rest assured, as soon as all the data has been thoroughly analyzed and I've received clearance to release it, I will do so without delay. I can assure you that the results will be well worth the wait.
In the meantime, please continue to stay safe while browsing the internet.
On March 26, Munchables suffered a 17,413 ETH hack, worth roughly $63 million.
The perpetrator was later identified as one of their own developers, allegedly affiliated with North Korea.
Today, I'm sharing a private investigation into who the hackers are and how they operate.
A common method for crypto companies to recruit employees very fast and easily is through job hiring platforms. These platforms allows them to advertise job positions and filter candidates based on their skill sets and salary.
With the bug remaining unpatched, I searched the usernames against tens of thousands of applications. After hours of searching, I unexpectedly found the username of one of the hackers in his application.
The rogue developer-turned-hacker is "super1114".
In order to gather more information about the hackers, I had the idea to search the GitHub usernames shared by @zachxbt to see if any of them appeared in the leaked applications, even if the chances were slim.
This could only be accomplished if the bug remained unpatched.
On March 26, Munchables suffered a 17,413 ETH hack, worth roughly $63 million.
The perpetrator was later identified as one of their own developers, allegedly affiliated with North Korea.
Today, I'm sharing a private investigation into who the hackers are and how they operate.
A while ago, I discovered a bug in one of the job hiring platforms, allowing me to view both the applications and applicants' personal information.
Recalling this bug, I decided to see if it had been patched, only to discover, to my surprise, that it hadn't. How is this relevant?
Understandably, most companies desire to hire highly skilled employees while minimizing wage costs.
This desire is something that North Korean hackers have been exploiting for years, by creating lucrative applications with highly skilled developers who demand low wages.
A common method for crypto companies to recruit employees very fast and easily is through job hiring platforms. These platforms allows them to advertise job positions and filter candidates based on their skill sets and salary.