“The small IP space/access to the internet in the DPRK, as well as its less connected nature to global/online systems, arguably offers it an asymmetric advantage in relation to cyber operations.” The Democratic People’s Republic of Korea is widely considered to be a state sponsor of cryptocurrency hacking and theft. While multiple United States presidents […]
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The U.S. Army has revealed that North Korea has a number of divisions dedicated to cryptocurrency and related cybercrimes. A report unveiled by the U.S. Army reveals that North Korea now has more than 6,000 hackers stationed in countries such as Belarus, China, India, Malaysia, Russia, among others. The operations of four sub divisions are […]
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Although the cryptocurrency industry still has many needed improvements, it nevertheless seems to be on an upward trajectory. There is no doubt that cryptocurrency — specifically Bitcoin (BTC), which is frequently used as a barometer for the health of the entire sector — has made a comeback. As of the writing of this article, Bitcoin […]
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As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly. A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been […]
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Blockfolio, one of the most popular cryptocurrency portfolio tracking applications, could be a highly desirable target for hackers’ attacks. As of April 22, there are approximately 5,400 cryptocurrencies being traded with a market value of $201 billion United States dollars. The 24-hour daily trading volume has recently been hovering around $100 billion, a key indicator […]
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Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential […]
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The financial industry will see the further adoption of stablecoins around the world, partly due to the responses to COVID-19. We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets. […]
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What is the correlation between the ransomware landscape and the cryptocurrency industry, and what to expect in the future? Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing […]
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Lazarus APT Group, a group of hackers allegedly from North Korea have generated another piece of malware targeting Apple Macs. The software is promoted by way of a fake cryptocurrency firm. Apple Mac security specialist and chief security researcher for Jamf, Patrick Wardle described the malware, as discovered by MalwareHunterTeam (MHT) researchers. MHT and Wardle […]
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The United States’ National Security Agency is allegedly working to develop a quantum-resistant cryptocurrency, a Bloomberg reporter has claimed. The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at […]
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