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On August 26th, it was reported that in July, total electricity consumption in China exceeded 1 trillion kilowatt-hours again, with electricity consumption for internet data services increasing by 40% year-on-year. Computing power is becoming a significant source of new electricity consumption. In August, the peak electricity load of a smart computing center in Changshu, Jiangsu Province, increased by over 70% compared to the same period last year. The peak electricity load of the computing power industry reached 200,000 kilowatts, accounting for approximately 4.1% of the citys total electricity load. The State Grid Changshu Power Supply Company stated that the computing power industry contributed nearly half of the citys increased electricity load, accounting for approximately 49%, reflecting that computing power load is gradually replacing seasonal air conditioning load as the core driver of electricity consumption growth this summer. In July, the electricity consumption of 106 computing power centers in Jiangsu Province exceeded 1.3 billion kilowatt-hours, a year-on-year increase of 31%, with supercomputing and smart computing centers accounting for over 80% of the total.Dubai International Airport (DISA) reported on August 26 that passenger traffic fell by nearly a third in the first half of the year due to disruptions caused by the war in Iran, but expects demand to recover in the second half. DISA stated that passenger traffic reached 13 million in the second quarter, bringing the total for the first half of the year to 31.5 million. Despite a rebound in traffic in May and June, first-half traffic was still 31% lower than the record level set in the same period last year. The war in Iran has led to a global readjustment of air routes, repeatedly disrupting DISA. In May, the airport announced it had postponed its target of 100 million annual passengers by one year due to the significant drop in passenger traffic. Major Middle Eastern airlines Emirates, Qatar Airways, and Etihad Airways have all reduced operations and adjusted their international route networks to accommodate increased travel demand during the war. Several European airlines have also suspended flights to multiple destinations in the region and avoided the airspace of several Gulf states.August 26th - According to the Guangdong Branch of the General Administration of Customs, in the first seven months of this year, the import and export volume of comprehensive bonded zones (including cross-border industrial zones and bonded areas) in Guangdong Province reached 1.05 trillion yuan, a year-on-year increase of 32.3%, setting a new record for the same period in history and surpassing the trillion-yuan mark two months earlier than last year. While Guangdongs foreign trade has exceeded one trillion yuan for two consecutive months, the provinces comprehensive bonded zones continue to play a driving role, contributing 23.3% to Guangdongs foreign trade growth in the first seven months of this year.On August 26th, it was reported that on August 25th, the first cross-border highway shuttle service along the Western Land-Sea New Corridor successfully completed a trial run of documents compatible with the United Nations Convention on Transferable Documents of Goods. This cross-border highway shuttle, fully loaded with general-purpose equipment and other goods, departed from the Chongqing Nanpeng Bonded Logistics Center, crossed the border at the Friendship Pass, and headed directly to Vietnam, covering a distance of approximately 1400 kilometers. This trial run, based on the United Nations Convention on Transferable Documents of Goods, marks a significant leap forward in the transformation of cross-border highway transport documents into documents of title.Slovakian power company said that Unit 3 of the Mohawkwice nuclear power plant has been reconnected to the grid after a shutdown for fuel replacement.

North Korea’s Lazarus Group Accused of Involvement in Axie Infinity Hack

Cameron Murphy

Apr 15, 2022 10:30

North Korea's state-run Lazarus Group and other cybercriminal gangs will boost pressure on countries to scrutinize cryptocurrency exchanges more closely.


In the Axie Infinity attack, investigators identified the Lazarus Group, a North Korean cybercriminal gang.


The Ronin Bridge attack, purportedly the largest in crypto history, resulted in the theft of $552 million.


Cybercriminals from North Korea and Russia are among the most prolific in the crypto world.


As interest in digital assets and Web3 grows, fraudsters will have plenty of chances.


Several prominent crypto countries' governments and authorities have expressed alarm about the development of criminal activities.


The amount of monitoring has been so high that the FBI has created a new crypto section to combat cybercrime.


North Korean and Russian hackers, according to recent studies, have been the most active in crypto-related criminality.

North Korean Cybercriminals Implicated in the Axie Infinity Hack

Government agencies and Chainalysis verified this week that the Ronin breach was carried out by North Korea's Lazarus Group. The Ronin attack is the greatest crypto hack ever, with thieves making off with $552 million.


The Ronin Network of Axie Infinity was hacked in April.


The Ronin incident happened in March, and monies taken were 173.6k ETH and 25.5m USDC, according to reports.


Since the March breach, Chainalysis has been collaborating with US federal authorities to track down the monies that have gone missing.


The Lazarus Group's role in the Ronin hack was verified by the US Treasury Department last week. The US government updated its "Specially Designated Nationals and Blocked Persons" list with an Ethereum address related to the Lazarus Group, according to Chainalysis.


The Lazarus Group is a cybercriminal gang based in North Korea. The unit is the 414 Liaison Office in North Korea, according to North Korean defector Kim Kuk-song.