• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Huione Guarantee Sees Explosive Growth and International Measures Against North Korean Hackers

user avatar

by Giorgi Kostiuk

3 months ago


Huione Guarantee witnessed a significant surge in activity, driven by the launch of its USDH stablecoin. Meanwhile, international entities are expressing concerns over threats from North Korean hackers, and significant political events are unfolding in South Korea and the UK.

Explosive Growth of Huione Guarantee

Huione Guarantee, described by Elliptic as the largest online illicit marketplace, saw its monthly inflows increase by 51% over six months. This growth was fueled by the launch of its USD-backed stablecoin USDH. The platform facilitated over $24 billion in transactions, attracting more than 900,000 users.

Huione Guarantee serves as a hub for illicit activities, including money laundering and cyber scams.

Warnings About North Korean Hackers

The United States, Japan, and South Korea issued a joint warning about the growing threat from North Korean hackers such as the Lazarus Group. These groups are responsible for over $1.34 billion in cryptocurrency theft in 2024, escalating the severity of cyber threats globally.

Events in South Korea and the UK

South Korean authorities arrested the impeached president Yoon Suk Yeol following his martial law declaration. In the UK, a proposal to ban ransomware payments for critical sectors aims to curb rising cybercrime.

Despite accusations of illegal activities, Huione Guarantee continues its growth. North Korean hackers pose a major global threat, prompting nations to strengthen their cybersecurity measures.

0

Share

Other news

Cryptocurrency Market: Bitcoin Fights to Reach $90,000 Amid Tariff Concerns

Bitcoin rises above $88,000, yet bearish activity and market volatility could hinder reaching the $90,000 mark.

user avatarGiorgi Kostiuk

5 minutes ago

Key Crypto Projects Overview: Qubetics, Sonic, and Cardano in 2025

Exploring the prospects of Qubetics, Sonic, and Cardano crypto projects for 2025.

user avatarGiorgi Kostiuk

6 minutes ago

Dogecoin and PEPE Struggle as Remittix Soars

Dogecoin and PEPE falter, while Remittix draws attention, raising over $14.3 million.

user avatarGiorgi Kostiuk

7 minutes ago

Solana's Price Plummets Below $120 Following Trump's Tariff Speech

Solana drops under $120 following Trump's tariff talk, shaking the crypto market.

user avatarGiorgi Kostiuk

7 minutes ago

Ethereum at a Crossroads: Return to $2,600 or Drop Below $1,500?

Ethereum faces a pivotal moment: will it return to $2,600 or drop below $1,500? An analysis of key support and resistance levels.

user avatarGiorgi Kostiuk

7 minutes ago

BlockDAG Introduces Hybrid Solution: GRT Drops 43%, TAO Set to Rise

BlockDAG presents a hybrid solution for blockchain scaling, GRT drops, TAO forecasts growth.

user avatarGiorgi Kostiuk

8 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.