Chinese Citizens Launder $100M for North Korean Crypto Hackers
In a case that reveals the extent to which North Korea has been using crypto to circumvent international sanctions, two Chinese nationals were charged with laundering more than $100mn...
Looking at Crypto’s 2020 Outlook Through the Politico-Economic Lens
The impact of 2020’s economic and political events could have a lasting effect on the future of crypto assets, although it is unclear what the final result may be. Most people...
North Korean Crypto Social Media Monitoring on the Rise
Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring. Yesterday’s report by NK Economy claims that North...
Ethereum Researcher Arrested by FBI but ETH Price Unfazed
Ethereum Foundation member Virgil Griffith was arrested on Thursday for traveling to North Korea to hold presentations regarding crypto and blockchain technologies and their use for...
Trump Administration Goes After North Korean Bitcoin Hackers
The U.S. Treasury has announced sanctions targeting North Korean cybercrime syndicates responsible for over $2 billion in bitcoin exchange hacks. OFAC Sanctions North Korean Bitcoin...
North Korea Denies Cryptocurrency Heists Totaling $2 Billion
Reports of Pyongyang amassing wealth to fund its weapons program have been widely circulated. However, the North Korea regime has denied allegations of carrying out multiple hacks on...
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...
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on...
North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat
A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To...
Mining Crypto and Evading Sanctions in North Korea
Cybersecurity and anti-money laundering experts believe that North Korea could be using cryptocurrencies to acquire USD. The country is likely developing its own cryptocurrency and...
North Korea to Host Its First Blockchain Conference
Blockchain industry experts are expected to attend North Korea’s first international blockchain conference in Pyongyang and even engage in dialogue with local business officials...
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...