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Category: pyongyang
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Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group
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FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
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OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
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North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions
Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea.
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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose will be used […]
The post North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions appeared first on Bitcoin News.
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Analysts Suspect Cryptocurrencies Used to Evade US Sanctions in North Korea
During an interview earlier this week, two Washington-based financial intelligence analysts explain that North Korea is using cryptocurrencies to evade US sanctions. The intelligence researchers Lourdes Miranda, and Ross Delston say the Pyŏngyang region is actively trading established digital assets to avoid US financial sanctions that have been imposed since the fifties. Also read: Developer Paul […]
The post Analysts Suspect Cryptocurrencies Used to Evade US Sanctions in North Korea appeared first on Bitcoin News.
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Report: North Korea to Hold a Crypto Conference
North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises. Also read: China Escalates Crackdown, Russia Chases Shadows, UK Warns […]
The post Report: North Korea to Hold a Crypto Conference appeared first on Bitcoin News.
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North Korea Obtained 11,000 bitcoins in 2017, Expert Says
North Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports […]
The post North Korea Obtained 11,000 bitcoins in 2017, Expert Says appeared first on Bitcoin News.
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