2018-9-28 05:10 |
Two UN entities are working with a tech startup to provide Sierra Leone a blockchain-based credit and identity platform for banking services.
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In recent findings, an investigation by the United Nations has illuminated the extent to which North Korea has leveraged cyber activities such as crypto hacks to “bolster” its economy and further its weapons development programs.
Crypto donations have been pouring into Ukranian efforts and have reached almost $70 million. Official reports show how the country has already started to successfully use the financial aid. Meanwhile, the United Nations lags behind with only $20 million in donations that fail to be as transparent as crypto. Unflustered UN? On 24 February 2022, […]
The U. S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.
Data breaches are almost a daily occurrence in this modern day and age. Even the UN falls victims to such hacks, albeit they don’t always inform the victims right away. During the summer of 2019, the UN fell victim to a large-scale hacking attempt.
In a report that is supposedly being prepared for a report to the UN Security Council, experts note that any assistance by the DPRK in organizing a cryptocurrency conference indirectly helps North Korea to advance its weapons programs.
The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.
A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters.