A notorious North Korean hacking group is suspected of stealing nearly US$300 million in cryptocurrency in a major heist. The funds are reportedly used to support North Korea's nuclear weapons development.

A notorious North Korean hacking group is likely behind the theft of nearly US$300 million in cryptocurrency over the weekend, an affected party has said, in the biggest known crypto heist this year. It is the latest such incident linked to North Korea, whose sophisticated cybercrime programme uses stolen cryptocurrency to help fund its nuclear weapons development, according to a United Nations panel. Digital currency news site CoinDesk said the heist on the vault of online investment tool...