UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The…
Read More »US Senator Elizabeth Warren Introduces Bill To “Crack Down” on Bitcoin And Crypto
Today, US Senator Elizabeth Warren introduced legislation to address her concerns surrounding the alleged misuse of digital currencies in illicit activities, citing money laundering, drug trafficking, sanctions evasion, and more….
Read More »FinCEN Proposes Insane Special Measures
Yesterday’s FinCEN rule proposal is incredibly overbroad, comprehensive, and perfectly designed to allow arbitrary information collection at any scope they choose to enforce. It truly is a mind-blowingly large grab…
Read More »US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using…
Read More »North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols.
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Crypto: Tornado Cash reportedly tied to North Korean hackers Lazarus Group
#Crypto #TornadoCash #Koreahackers #yahoofinance Yahoo Finance crypto reporter David Hollerith details how Tornado Cash has been allegedly tied to North Korean hackers, and also previews Coinbase’s upcoming earnings report. Don’t…
Read More »Bitcoin: Our Only Hope To Separate Money From State
In a world where power structures seem endlessly intertwined, Bitcoin offers an alternate pathway. Discussion around Bitcoin for years relegated it to being a bubble, tulipmania or some Ponzi scheme,…
Read More »US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat…
Read More »Nuclear Weapons and Ballistic Missile Programs Get Funding from Cryptocurrency Stolen by North Korean Hackers
Criminals commonly use cryptocurrency to carry out illicit activities such as money laundering, funding terrorism activities, buying and selling narcotics and many others. According to the new report by the…
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