Category: North korea

Auto Added by WPeMatico

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics

Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying...

George Soros: Bitcoin is Propped Up by Dictators

Legendary currency trader, hedge fund titan, philanthropist George Soros, 87, delivered his yearly talk at The World Economic Forum 2018 in Davos, Switzerland. At the end of his remarks, an audience question asked the mogul his thoughts on...

The Futility of Government Bans – Bitcoin Always Finds a Way

Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money,...

North Korea Could be Using Monero to Combat Money Woes

A security firm has found evidence that North Korea may be using mining software to obtain Monero and transfer it to a Pyongyang university. Running a regime while sidestepping pesky sanctions is an expensive endeavor and one that...

New Monero Mining Malware Sends Proceeds to Kim Il Sung University, North Korea

The code for a new Monero mining bot has been found to direct its ill-gotten gains to a computer server located at the first academic institute ever built in North Korea, Kim Il-sung University. Also Read: US Blames...

Official Complaints Say Korea Trading Restrictions Are ‘Unconstitutional’

South Korea cryptocurrency exchanges have submitted a legal challenge to the government claiming its new restrictions are “unconstitutional.” Law Firm: Govt. Is ‘Devaluing’ Virtual Currencies As local news outlet Korea Times reports today and Wednesday, Seoul-based law firm...

Is North Korea Boosting Bitcoin?

Bitcoin has definitely made it to the big time in 2017 as mainstream media ran reports and televised debates on the meteoric rise of the world’s number one cryptocurrency. Speculators and observers have put forward suggestions on what...