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.
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash.
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
A new ransomware from North Korea targets major companies.
North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020
North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis.
North Korean Hackers to Launch a Global COVID-19 Phishing Campaign
The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally.
Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
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.
Chainalysis’ Crypto Crime Intelligence Briefs Cast Spotlight on North Korea and Iran
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.
What’s Next for BTC, Chainalysis Criticized, Crypto Fears Kim Jong Un’s Death: Hodler’s Digest, April 27–May 3
Following much speculation in the press in recent weeks, a friend of the DPRK has said that Kim Jong-un is in good health.
DPRK Insider: Kim Jong-Un in Good Health, Crypto Will Help Fight Imperialism