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Lazarus Group Uses Fake Meeting Hack

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Lazarus Group Uses Fake Meeting Hack

North Korea’s Lazarus Group has launched a new macOS malware campaign called Mach-O Man that uses fake online meeting invitations to trick crypto and fintech executives into executing malicious commands on their own devices, according to blockchain security firm CertiK.

Summary

  • Lazarus Group’s new Mach-O Man campaign uses fake meeting invites to lure executives into pasting malicious terminal commands on their Macs.
  • The malware auto-deletes after execution, making the breach nearly impossible to detect through standard forensic methods.
  • CertiK links the same Lazarus push to over $500 million stolen from DeFi platforms Drift and KelpDAO in the past two weeks.

North Korea’s Lazarus Group is running a new campaign dubbed Mach-O Man that targets executives at crypto, fintech, and other high-value firms by disguising malware delivery as a routine technical fix during a fake business meeting, according to CertiK senior blockchain security researcher Natalie Newson. The campaign was disclosed on April 22 and represents one of the group’s most operationally sophisticated social engineering methods to date.

Lazarus Group Crypto Hack Hides Behind Routine Business Communications

The attack chain begins with an urgent-looking meeting invitation sent over Telegram, impersonating a Zoom, Microsoft Teams, or Google Meet call. The link leads to a convincing but fake website that tells the victim to paste a single command into their Mac terminal to resolve an apparent connection issue, a technique CertiK identifies as ClickFix. Once executed, the command installs a modular malware kit built from native Mach-O binaries tailored for Apple environments, which profiles the host, establishes persistence, and exfiltrates credentials and browser data through a Telegram-based command-and-control channel. Critically, the toolkit auto-deletes after completing its task, making detection and forensic analysis extremely difficult. “These fake verification steps guide victims through keyboard shortcuts that run a harmful command,” CertiK’s Newson told CoinDesk. “The page looks real, the instructions seem normal, and the victim initiates the action themselves, which is why traditional security controls often miss it.”

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Why This Attack Is Harder to Catch Than Standard Phishing

Unlike traditional phishing attacks that rely on urgency cues or suspicious sender addresses, the Mach-O Man campaign is designed to look entirely routine at the moment of delivery. Executives in crypto and fintech routinely receive cold outreach from investors, researchers, and business partners, making the fake meeting invitation format a credible lure in a way that generalized phishing often is not. CertiK’s analysis notes that the Mach-O Man framework is tied to Lazarus’ Famous Chollima unit and distributed through compromised Telegram accounts specifically targeting high-value organizations in the digital asset space. Most victims will not realize they have been compromised until well after the malware has erased itself. “They likely don’t know it yet,” Newson said. “If they do, they probably can’t identify which variant affected them.”

The Scale of the Lazarus Threat to Crypto in 2026

CertiK has linked the Mach-O Man campaign to a broader Lazarus offensive that has siphoned more than $500 million from DeFi platforms Drift and KelpDAO in under two weeks, adding to a cumulative theft total estimated at $6.7 billion since 2017. The United Nations has previously estimated that North Korean hackers have stolen several billion dollars in digital assets to fund the country’s weapons programs. “What makes Lazarus especially dangerous right now is their activity level,” Newson said. “This isn’t random hacking. It’s a state-directed financial operation running at a scale and speed typical of institutions.” CertiK is advising crypto professionals to independently verify all meeting requests through a separate channel before clicking any link or downloading any attachment from an unsolicited invitation.

CertiK has shared indicators of compromise tied to the Mach-O Man campaign with the broader security community to support detection and defense efforts across the industry.

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American Bitcoin boosts Trump-linked hash power to 28.1 EH/s

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Bitcoin Core maintainers face shake-up as Gloria Zhao revokes PGP key

American Bitcoin, co‑founded by Eric and Donald Trump Jr., has energized 11,298 new ASICs, lifting owned hash rate to 28.1 EH/s as it doubles down on low‑cost BTC accumulation.

American Bitcoin Corp., the publicly listed mining company co‑founded by Eric Trump and Donald Trump Jr., has completed the deployment of roughly 11,298 newly purchased ASIC miners, pushing its total self‑owned hash rate to about 28.1 exahashes per second. In a March press release, the company said the additional machines would “add ~3.05 EH/s at ~13.5 J/TH, increasing its total owned fleet to ~28.1 EH/s at an average efficiency of ~16.0 J/TH across 89,242 miners.”

Those figures are now being confirmed in operational updates. After energizing the new rigs at its Drumheller site in Alberta, American Bitcoin reports that approximately 58,999 miners are currently online, corresponding to about 25.0 EH/s of active hash rate with an average energy efficiency of roughly 14.1 joules per terahash, while the full owned fleet (including yet‑to‑be‑deployed units) sits at 28.1 EH/s.

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The company frames the move as an extension of a deliberate “Bitcoin accumulator” strategy. In its capacity announcement, American Bitcoin noted that in the fourth quarter of 2025 it mined BTC at a cost roughly 53% below the prevailing spot price, arguing that the fleet expansion “reinforces American Bitcoin’s disciplined focus on maximizing Bitcoin accumulation at a structural advantage.”

Eric Trump, the firm’s chief strategy officer, has repeatedly linked that approach to a broader political and industrial narrative. “As Bitcoin matures, the priority is clear: grow American‑owned, professionally operated hashrate,” he said, adding that this is “how we protect the network, drive innovation, and lead the future of Bitcoin in America.”

Industry data suggest the build‑out is meaningful but not yet dominant at the public‑miner level.
Finviz notes that the largest listed miners currently operate in the 50 EH/s range, making American Bitcoin “roughly half the size of industry leaders,” but also points out that rivals are increasingly diverting capex into AI and high‑performance computing, potentially leaving more room for ABTC to grow its share of global hash rate.

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For markets, the message is straightforward: the Trump family’s mining vehicle is not dialing back post‑halving; it is pressing its advantage. With 28.1 EH/s of owned capacity, a more efficient new tranche of hardware at 13.5 J/TH, and a stated focus on holding mined BTC, American Bitcoin is betting that control of cheap, US‑domiciled hash power will matter more in the next phase of Bitcoin’s monetization than short‑term share‑price swings.

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Robinhood Invests $75M in OpenAI to Provide Equity Tokens for Users

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Robinhood Invests $75M in OpenAI to Provide Equity Tokens for Users

Robinhood Ventures Fund I (RVI), a publicly traded closed-end fund that offers retail investors access to private equity investments, announced a $75 million investment in OpenAI.

The company announced on Wednesday that it purchased $75 million of the AI developer’s common stock, which will be used as the underlying asset to give Robinhood clients price exposure to OpenAI via the fund’s venture tokens.

The investment is “one of RVI’s largest investments to date,” according to RVI president Sarah Pinto, who added that the tokens aim to democratize access to private investing.

Shares of RVI were trading more than 14% higher on Wednesday, to $27.85 at the time of publication, according to data from Yahoo Finance. 

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Source: Yahoo Finance

Robinhood’s private equity tokens for retail investors have raised regulatory questions about the legal rights of token holders and how price exposure through tokens differs from holding private equity in a company, which is reserved for qualified investors.

Related: ARK buys $13M in Robinhood as US Treasury taps platform for Trump Accounts

Robinhood announces private equity tokens for retail, but legal issues abound

Robinhood distributed OpenAI and SpaceX tokens to users in June 2025 as part of its rollout of tokenized stock trading for users in the European Union.

However, OpenAI immediately responded to the announcement, warning that the tokens do not represent a private equity stake in the company.

“These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it,” OpenAI said at the time. “Any transfer of OpenAI equity requires our approval — we did not approve any transfer.”

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John Murillo, chief business officer of financial technology company B2BROKER, told Cointelegraph that investors holding these private equity tokens must understand that they do not hold “actual shares” in these companies.

Customers may be entitled to payouts if the underlying shares of the private equity companies increase, but the tokens are strictly a financial instrument created by a third party and not equity, according to Murillo.

“There is no direct claim on company assets, no voting rights and no access to internal financial information,” Murillo said.

A request for comment sent to Robinhood by Cointelegraph was not immediately replied to.

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Magazine: Robinhood’s tokenized stocks have stirred up a legal hornet’s nest