News
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash.
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North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
- News
A new ransomware from North Korea targets major companies.
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North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis.
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The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally.
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New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses.
7387 - Hodler’s Digest
Uncertainty over where Bitcoin will go after its $9,400 rally, a well-known BTC educator criticizes Chainalysis, and nerves over North Korea’s crypto holdings.
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Following much speculation in the press in recent weeks, a friend of the DPRK has said that Kim Jong-un is in good health.
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Following rumors of the death of North Korea’s Kim Jong-Un, reports begin circulating that the country’s Bitcoin reserves will see mass sell-off.
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Two Chinese nationals acting for North Korean used ‘peel chains’ and doctored KYC photos to help launder more than $100 million in stolen cryptocurrency.
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack.
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North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies.
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North Korean hacking group Lazarus reportedly created an elaborate ruse to phish DragonEx exchange employees into installing a malware-infested trading bot.
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Former Ethereum developer Virgil Griffith pleads innocent before New York court in North Korea sanctions case.
2496 - Hodler’s Digest
Bitcoin may be ready to hit $10,000, U.N. warns the public not to attend North Korea’s crypto conference, and the best day of the week to buy crypto is revealed.
6172 - Follow up
The U.N. and other experts have warned against attending North Korea’s upcoming crypto conference, questioning the motives behind the event.
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