Three main addresses carried out transactions worth $27.18 million to six crypto exchanges. North Korean exploiters behind the Harmony Bridge attack continue to launder the funds stolen in June 2022. According to on-chain data revealed on Jan. 28 by blockchain sleuth ZachXBT, the perpetrators moved another $27.18 million in Ethereum (ETH) over the weekend.The tokens were transferred to six different crypto exchanges, noted ZachXBT in a Twitter thread, without disclosing which platforms had received the tokens. Three main addresses carried out the transactions. According to ZachXBT, exchanges were notified about the funds transfer and part of the stolen assets were frozen. The movements made by the exploiters to launder the money were very similar to those taken on Jan. 13, when over $60 million was laundered, noted the crypto detective. Who’s active rn? DPRK just finished laundering another $17.7m+ (11304 ETH) from the Harmony Bridge hack.S/o to the exchanges who responded quickly on a weekend so funds could be frozen. pic.twitter.com/sUyUScHR4N— ZachXBT (@zachxbt) January 29, 2023 The funds were moved a few days after the Federal Bureau of Investigation (FBI) confirmed the Lazarus Group and APT38 as the criminals behind the $100 million hack. In a statement, the FBI noted that “through our investigation, we were able to confirm that the Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of $100 million of virtual currency from Harmony’s Horizon bridge.”Related: ‘Nobody is holding them back’ — North Korean cyber-attack threat risesThe Harmony Bridge facilitates transfer between Harmony and the Ethereum network, Binance Chain and Bitcoin. A number of tokens worth about $100 million were stolen from the platform on Jun. 23.Following the exploit, 85,700 Ether was processed through the Tornado Cash mixer and deposited at multiple addresses. On Jan. 13, the hackers started shifting…

Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin’s best January in ten years. Bitcoin (BTC) spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader on Bitcoin: $25,000 “in sight”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight.Although short-lived, the move marked the pair’s third attempt to take sell-side liquidity above $23,400 in recent days.In each instance, bulls appeared to lack momentum to reclaim new support levels. At the time of writing, the status quo remained the same, with Bitcoin trading just below liquidity at $23,250.BTC/USD order book data (Binance). Source: Material Indicators/ TwitterPrevious order book data from Binance uploaded to Twitter by monitoring resource Material Indicators demonstrated the firepower needed to neutralize bears.As of Jan. 27, resistance was stacked at $23,200, $24,500 and $25,000, with the latter nonetheless still on traders’ radar as a potential next target.“$25,000 target in sight,” a confident Crypto Tony told Twitter followers in comments on the day.BTC/USD annotated chart. Source: Crypto Tony/ TwitterCrypto Tony additionally expected a move higher on altcoins, with the overall crypto market cap set for a retest of resistance above the $1 trillion mark.“I am still looking for a decent move up over the next few weeks, BUT Be cautious when we begin tapping the $1.2 – $1.33 trillion market cap resistance level. This is a significant level and I expect strong resistance here,” he wrote on Jan. 28.Total crypto market cap annotated chart. Source: Crypto Tony/ TwitterLike others, however, Crypto Tony remained cautious on longer timeframes, keeping the door open for a new macro low to appear on Bitcoin and altcoins at some point in 2023. Among them is fellow commentator…

The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance. The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities.The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance, according to local media outlet khgames.The South Korean Ministry of Justice will introduce a “cryptocurrency tracking system” in the first half of this year to strengthen the tracking of money laundering and recovery of criminal proceeds using cryptocurrencies. https://t.co/2CLkaLUrX6— Wu Blockchain (@WuBlockchain) January 29, 2023 While the system is slated to be deployed in the first half of 2023, the South Korean ministry shared plans to develop an independent tracking and analysis system in the second half of the year. A rough translation of the ministry’s statement reads:“In response to the sophistication of crime, we will improve the forensic infrastructure (infrastructure). We will build a criminal justice system that meets international standards (global standards).”The South Korean police previously established an agreement with five local crypto exchanges to cooperate in criminal investigations and ultimately create a safe trading environment for crypto investors.Related: South Korean prosecutors request arrest warrant for Bithumb owner: ReportThe South Korean Supreme Court ruled that crypto exchange Bithumb must pay damages to investors over a 1.5-hour service outage on Nov. 12, 2017.The finalized ruling from the supreme court ordered damages ranging from as little as $6 to around $6,400 be paid to the 132 investors involved.“The burden or the cost of technological failures should be shouldered by the service operator, not [the] service users who pay commission for the…