Auto Added by WPeMatico

North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea.

Continue ReadingNorth Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid…

Continue ReadingSouth Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea

Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted…

Continue ReadingGaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned…

Continue ReadingCryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds

North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And…

Continue ReadingNorth Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds

Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan

The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy…

Continue ReadingFinancial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan