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Centralized Crypto: North Korea Building it’s Own Digital Asset

Over the past few months, every country and corporation and their mother has been hinting at their interest in launching a “cryptocurrency”. Prominent central bankers, after all, have said that the physical cash-centric society that exists today is on its way out. At a central bank symposium in Wy..

Report: North Korea in Early Stages of Building Own Cryptocurrency

News North Korea is reportedly in the early stages of developing a cryptocurrency similar to Bitcoin (BTC). Pyongyang trying to evade sanctionsAccording to a Vice News report on Sept. 18, the project is designed to help the Democratic People's Republic of Korea (DPRK) evade international sanc..

US Treasury Sanctions North Korean Hacker Groups for Cyber Attacks

News The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.” Continue to enforce existing U.S. and U.N. sanctions against North KoreaOn Sept. 13,..

North Korea Denies Involvement in Massive Crypto Hacks

If you were to search up a satellite image of North Korea, you would find darkness. Unlike the nation just south of the border, North Korea is barren of lights, being subject to power outages caused by sanctions, resource mismanagement, and so on and so forth. Despite this, the hermit kingdom has b..

North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks

News North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumoursOn Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations of massive theft by ..

UN Report: South Korea Hardest Hit By North Korean Cyber Attacks

News The United Nations is investigating 35 North Korean cyberattacks across 17 countries, according to a report published Aug. 13 by Associated Press. This follows last week’s leaked summary of the report, stating that $2 billion had been hacked by the nation thus far to fund weapons programs. Th..

Hodler’s Digest, Aug. 5–11: Naughty North Korea, India’s Bombshell, LTC Flops

Hodler’s Digest U.S. Federal Reserve launching payment system, crypto bulls nonplussedThe United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known as FedNow, it is hoped the infrastructure..

UN: North Korea Accumulating Cryptocurrency For Weapons Programs

A recent report by the United Nations has revealed that North Korea has amassed billions of dollars for its weapons programs. The loot has been pilfered from cyber-attacks and cryptocurrency exchange hacks according to the confidential dossier. Cryptocurrency Exchanges Hacked According to Reuters, ..

North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN

News North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destructionIn a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, the U.N. Security Counc..

Report: Record-Breaking Coincheck Hack Perpetrated by Virus Tied to Russian Hackers

News The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was reported by Cointelegraph Japan on June 16. As Cointelegraph has reported, in Januar..

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