News by results: North Korea

Crypto expert thought it would be ‘cool’ if North Korea mined ether: source

A U.S. digital currency expert who was arrested last week for allegedly aiding North Korea in violation of sanctions told acquaintances last year that he thought it would be “really cool” if the reclusive state mined cryptocurrency ether, according to one person with direct knowledge of the matter.

Trump Administration Goes After North Korean Bitcoin Hackers

The U.S. Treasury has announced sanctions targeting North Korean cybercrime syndicates responsible for over $2 billion in bitcoin exchange hacks.

North Korea took $2 billion in cyberattacks to fund weapons program

North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” cyberattacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday.

North Korea Encroaches on Burgeoning Crypto Sector in Southeast Asia

North Korea, an authoritarian state that has been under UN sanctions for more than 40 years, could rely on cryptocurrencies in order to circumvent these sanctions. According to the recent CNBC article, which cites a new report published by the Royal United Services Institute (RUSI), Kim Jong-un’s ambitions could take a toll on the burgeoning crypto sector in Southeast Asia.

North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

North Korea has been carrying out major cryptocurrency hacks to bypass economic sanctions, according to a United Nations (U.N.) Security Council expert panel report.

North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime

According to cybersecurity firm Inksit Group, state-funded hackers in North Korea have been targeting crypto exchanges in South Korea to circumvent various sanctions imposed on the regime.

North Korean Hacking Group Lazerus Stole $571 Million in Cryptos: Report

North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates.

Crypto Is More Centralized Than North Korea, Says ‘Dr. Doom’ Economist Roubini

American Economist Nouriel Roubini has stated that cryptocurrency is more centralized than North Korea in a tweet October 7.

North Korea to Hold a Crypto Conference

North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises.

Kaspersky Lab: North Korea Hacks Cryptocurrency Exchange With ‘First’ macOS Malware

North Korean hackers have infected a cryptocurrency exchange with malware for both Windows and macOS for reportedly the first time, Russian internet security company Kaspersky Lab announced Thursday, August 23.

Korean Peace Agreement Recorded on Ethereum Blockchain

Last week’s meeting between South Korean president Moon Jae-in and North Korean leader Kim Jong-un has been recorded on the ethereum blockchain, where the historic Panmunjom Declaration that the two nations signed will now be stored in perpetuity.

Trump Sanctions on North Korea Won't Stop Crypto Hacks, Senator Says

The Trump administration imposed new sanctions on North Korea last week, but one U.S. senator has said that the measures don't go far enough in deterring the reclusive country's efforts to steal cryptocurrencies.