North Korea: Crypto-hacks fuel 50% of country's foreign funds, claims report

2024-3-21 18:30

Crypto hacks reportedly accounted for 40% of North Korea’s weapons program.  North Korean actors like Lazarus Group prefer laundering through “mixers.” According to South Korea-based The post North Korea: Crypto-hacks fuel 50% of country's foreign funds, claims report appeared first on AMBCrypto.

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north korea → Результатов: 126


Busted! North Korea Caught Laundering Millions Via Shady Crypto Mixer

Once more, North Korea has demonstrated its cyber prowess, possibly undermining international sanctions by using cryptocurrencies. According to a recent assessment by UN sanctions monitors, North Korea is suspected of using the Tornado Cash platform to launder a whopping $148 million that was taken from a cryptocurrency exchange in March. This event highlights how difficult […]

2024-5-15 12:30


North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

A recent United Nations report highlights North Korea’s significant role in cyberattacks, particularly targeting crypto firms amid sanctions enforcement and nuclear concerns. The United Nations Security Council has released a new report, indicating North Korea‘s escalating involvement in cyberattacks, which…

2024-3-21 10:51


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North Korea’s cryptocurrency is most likely bullshit — just like its conference

North Korea is supposedly preparing to develop its own cryptocurrency to dodge the strict international sanctions crippling its economy, VICE News reports. The project was announced by Alejandro Cao de Benos, the head of “Korean Friendship Association,” a group that seeks to promote international relations with the Democratic People’s Republic of Korea (DPRK).

2019-9-19 15:56


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UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges

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 […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News.

2019-3-9 23:25


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North Korean Hackers Infiltrate Unnamed Crypto Exchange in First-Ever MacOS Hack

North Korea’s notorious cyber-hacking outfit, “Lazarus Group,” has reportedly deployed a MacOS-based malware to infiltrate cryptocurrency exchanges and applications, according to Kaspersky Labs. North Korean Attackers Strike To date, Lazarus remains an unknown entity, with no information on the number of individuals identifying with the outfit.

2018-8-25 07:00


Trump Pump! PotCoin Surges 20% as Unofficial North Korea Summit Sponsor

US president Donald Trump inadvertently caused cannabis-focused altcoin PotCoin to jump 20 percent after his summit with Kim Jong-un. Rodman Showcases ‘Support’ — And PotCoin In a curious first win for cryptocurrency as a direct consequence of the summit, PotCoin became its unofficial sponsor after retired US basketball player Dennis Rodman arrived to “give support” to the two leaders.

2018-6-12 15:00


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Coinrail Hack See’s Markets Crash As $40 Million Stolen

The markets are down this morning in the wake of an alleged $40 Million hack of South Korean cryptocurrency exchange, Coinrail. Given current political activities within Singapore (the summit involving both the US President and the Leader of North Korea) we did expect the markets to be a little shaky this morning, the current view however is far worse than we expected.

2018-6-11 12:00