The U.N. experts are currently investigating 35 cases in 17 countries where North Koreas were using cyberattacks to raise money for the military objective. They are calling for sanctions against ships that are providing gasoline and diesel to the country as a precaution for the money raised to be used for weapons of mass destruction … Continue reading UN Investigates North Korea on Cyberattacks Funding WMD
This article is contributed by our content partner, Nexchange Group. The hermit state is reportedly in the early stages of creating its own cryptocurrency, Vice News reports. The still-unnamed cryptocurrency will be “more like bitcoin,” said Alejandro Cao de Benos, the official in charge of Pyongyang’s cryptocurrency conferences. “We are still in the very early stages in … Continue reading North Korea Is Making Its Own Version of Bitcoin
North Korea has always been suspected for either indirectly or directly funding weapons or involve in some powerful projects of mass destruction using virtual currencies. The nation was recently accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons. Japanese and South Korean exchanges were mainly targeted for the theft, and … Continue reading North Korea Is Developing Own Crypto to Circumvent US Sanctions
Bitcoin adoption is on the increase in several major continents of the world. A rising number of investors are now relying on digital assets to add diversity to their investment portfolios. The reason for this adoption is based on the desire of the investors to diversify their investments as well as belief in the transformative … Continue reading Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith. The Ethereum research scientist was arrested in Los Angeles last week and charged for allegedly aiding in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North … Continue reading Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
Security researchers have encountered a new cryptocurrency-focused macOS malware, believed to be the work of a North Korean group of hackers known as Lazarus. As reported by Bleeping Computer on Dec.4, the malicious malware is capable of retrieving payloads from remote locations and running them in memory, which is very uncommon for macOS. This feature … Continue reading North Korean macOS Malware Detected on Crypto Platform
The US Treasury’s Office of Foreign Asset Control (OFAC) has sanctioned two men believed to be involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange. The Chinese nationals, Jiadong Li and Yinyin Tian have been added to the OFAC’s Specially Designated Nationals List according to an update by the US Treasury earlier today. The two … Continue reading US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate
In an effort to combat North Korea’s rampant crypto-dependent and money generating cyber crime campaign, the United States government published a list outlining the sanctioned state’s attacks dating back to 2017—as well as guidance on countermeasures. The new warning released on April 15 by the US Treasury, Homeland Security, and the FBI advocated that it was … Continue reading US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware. Kaspersky Investigates The new threat, dubbed VHD, is designated to target internal networks of companies in the economic sector. In regards to why the ransomware group often resorted to working in solo ops, … Continue reading Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Bitcoin (BTC) has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America. Cryptocurrency Trading in North America According to a recent report by analytics firm Chainalysis that surveyed the key trends on North America’s cryptocurrency market, North America is the third region most active in cryptocurrency trading, trailing behind … Continue reading Bitcoin Most Popular Crypto in North America, Market Experts Report