North Korea

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The Futility of Government Bans – Bitcoin Always Finds a Way

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Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more

New Monero Mining Malware Sends Proceeds to Kim Il Sung University, North Korea

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The code for a new Monero mining bot has been found to direct its ill-gotten gains to a computer server located at the first academic institute ever built in North Korea, Kim Il-sung University. Also Read: US Blames Bitcoin Ransomware Attack Wannacry on North Korea Malware University, North Korea Cyber security solutions developer Alienvault revealed … Read more

US Blames Bitcoin Ransomware Attack Wannacry on North Korea

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The US government has announced it now officially considers North Korea to be behind the Wannacry bitcoin ransomware cyber attack which caused billions of dollars in damages earlier this year. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Wannacry Writing in the Wall Street Journal, The US President’s Homeland Security Advisor Thomas P. … Read more

North Korean Hackers Attacked South Korean Exchanges, NIS Claims

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As originally reported by local media outlets, the South Korean National Intelligence Service has traced previous hackings of domestic cryptocurrency exchanges back to the North.  North vs. South This Saturday, South Korean newspapers recapped reports by the NIS that claimed North Korean hackers were behind an attack on the Bithumb exchange. The hack, which began after an … Read more