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North Korea

Hodler’s Digest, Aug. 5–11: Naughty North Korea, India’s Bombshell, LTC Flops

U.S. Federal Reserve launching payment system, crypto bulls nonplussed The United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known as FedNow, it is hoped the infrastructure will lead to faster transactions 24 hours a day, seven days a week. Presently, …

Hodler’s Digest, Aug. 5–11: Naughty North Korea, India’s Bombshell, LTC Flops Read More »

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Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange. Japanese newspaper Asahi Shimbun reports Monday that virus variants known to be linked to Russian hackers have been found on employee computers at the Tokyo-based Coincheck exchange. Coincheck suffered a breach in January 2018 that resulted …

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North Korean Hackers Target Crypto Exchange UpBit’s South Korean Users

North Korean hackers have allegedly attacked users of South Korean exchange UpBit with a clever phishing exploit. According to data released by the security company East Security, the hacker attempted a cyberattack by sending a phishing e-mail on May 28. The subject of the mail suggested that UpBit needed more information for a customer’s fictional …

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Crypto Exchange Bittrex Denies Claim of North Korean Users on Its Platform

American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22. In the post, Bittrex stated that it had examined two accounts which allegedly belonged to users from North Korea, noting that it had investigated the same accounts back in October 2017. …

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Report: Lazarus Hacker Group Adopts New Methods, Continues Targeting Crypto

Alleged North Korea-sponsored cybercrime group Lazarus is still targeting cryptocurrencies and adopting new tactics, according to a new report from cybersecurity and anti-virus company Kaspersky Lab published on March 26. The report reveals that allegedly state-sponsored hacker group Lazarus has been active with a new operation since last November, wherein the group uses PowerShell that …

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Hodler’s Digest, March 18–24: Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will be backed by their national fiat currencies — on IBM’s now-live blockchain-powered payments network, “World Wire.” According to the joint announcement …

Hodler’s Digest, March 18–24: Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week Read More »

North Korean Dissidents Sell Ethereum-Based Post-Liberation Visas

North Korean political dissident group Cheollima Civil Defence (CCD) is selling Ethereum-based (ETH) visas for entering the country once it is supposedly liberated. The CCD’s website advertises a “Limited issuance of 200,000 anonymous blockchain visas to visit Free Joseon (previously North Korea) upon liberation” Free Joseon is seemingly a reference to the Joseon Kingdom, a …

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UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges

<strong>The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual …

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council report. The report, prepared by a panel of experts, was presented to the Security Council’s North Korea sanctions committee ahead of its …

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