Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death
North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off Go to Source Powered by WPeMatico
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Revealed: How North Korea Laundered $100 Million of Stolen Crypto
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges Go to Source Powered by WPeMatico
Bitcoin.com Local Gathers Steam as Other P2P Markets Falter
The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. The mass departure has caused business on Localbitcoins to drop like a rock and volumes haven’t … Read more
North Korea may Have to Forfeit 113 Cryptocurrency Accounts
The involvement of North Korea in cryptocurrency has always been subject to speculation. A new report seems to indicate that the US wants to gain control of all digital assets tied to this country. Various countries around the world are subject to sanctions. The Role of North Korea in Bitcoin These sanctions are imposed for … Read more
US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency
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.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts and addresses used to launder funds have been identified. Also read: SEC … Read more
US Government Sanctions Two Chinese Nationals in Connection With Lazarus Group Hack
The U.S. Department of the Treasury’s Office of Foreign Assets Control sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack, in connection with Lazarus Group Go to Source Powered by WPeMatico
New Report Finds North Korean Mining of XMR Increased Tenfold in 2019, Online Activity 300%
A report published by cybersecurity organization Insikt Group claims internet use in North Korea has grown significantly in the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017,” and part of this activity involves monero (XMR) mining. Insikt observes a tenfold increase … Read more
North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies
According to a new report, North Korean internet usage is up as state actors use it as a means for raising revenues and skirting sanctions Go to Source Powered by WPeMatico
North Korean Hackers Created Realistic Trading Bot to Steal Money
North Korean hackers created a realistic trading bot website to phish DragonEx employees Go to Source Powered by WPeMatico
Virgil Griffith Pleads Not Guilty to Evading U.S. Sanctions in North Korea Jaunt
Virgil Griffith pleads innocent in North Korea sanctions case Go to Source Powered by WPeMatico
