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The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual … Read more
A report presented to the U.N. Security Council claims that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018 Go to Source Powered by WPeMatico
Researchers argue that a recent spate of ransomware thought to have earned hackers $3.7 million in BTC came from Russian cybercriminals, not North Korean state-sponsored actors Go to Source Powered by WPeMatico
A former CIA intelligence officer has claimed blockchain represents the “biggest threat to America’s national security” in coming years Go to Source Powered by WPeMatico
Former chief economist of the IMF and Harvard University professor Kenneth Rogoff has characterized Bitcoin as “a lottery ticket” Go to Source Powered by WPeMatico
A South Korean cybersecurity company detected over 30 attacks on cryptocurrency users, most likely carried out by North Korean hackers Go to Source Powered by WPeMatico
In today’s edition of The Daily, we focus on the crypto community’s alarm over the de-platforming of a social media network in response to a shooting incident in the U.S. We also look at a recent Bitcoin book recommendation on a Chinese TV show, as well as a North Korean attempt to scam investors. Also Read: … Read more
In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, … Read more
It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but. According to a report by AI-powered … Read more
North Korea has allegedly backed two scam altcoins this year, according to a report by U.S. security firm Recorded Future Go to Source Powered by WPeMatico