Bitcoin For Bombs: North Korea Uses Stolen Crypto To Fund Its Nuclear Weapons...
In recent months, North Korea has stolen over $300 million worth of Bitcoin and other cryptocurrencies via hacking and other sorts of mass cyberattacks. The objective is to fund the isolated state’s illegal nuclear and ballistic missile activities, according to a recent report by France24, quoting a confidential United Nations dossier. Today, that reported is […]
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U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year.
Payment company Ripple announced a partnership with a payment provider for the online marketplace Lemonway. This is the first France-based customer that will leverage RippleNet’s On Demand Liquidity (ODL) solution, supported by XRP. Related Reading: Bitcoin For Bombs: North Korea Uses Stolen Crypto To Fund Its Nuclear Weapons Program The payment provider will use ODL […]
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs.
Stolen Crypto Assets and North Korea’s Weapons Programs
The recent crash of the crypto market may have wiped out millions of dollars in value from North Korea’s fund of stolen cryptocurrency, digital asset investigators have said. The drop in value of the crypto assets could supposedly threaten....
SushiSwap, a decentralized exchange (DEX), recently appointed Jared Grey as its Head Chef. But shortly after his election, Grey is faced with heaps of accusations. Unfortunately, the level of allegations has been raging another storm for the DEX ecosystem and community. Related Reading: Bitcoin For Bombs: North Korea Uses Stolen Crypto To Fund Its Nuclear […]
Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyber attack in 2021. North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis.The type of crypto stolen has also seen a sea change according to the Jan. 13 report from the blockchain analytics firm. In 2017, BTC accounted for nearly all the crypto stolen by the DPRK, but it now accounts for just one fifth:“In 2021, only 20% of the stolen funds were Bitcoin, whereas 22% were either ERC-20 tokens or....