After the UN report came out claiming that North Korea has stolen and hacked over $2 billion of cryptocurrencies, and after the country denied all such allegations, the Trump Administration had decided to go after the alleged hackers. The news came from the US Treasury's press statement released on Friday, September 13th. In particular, it…
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In what many may perceive as a reiteration of the obvious, the Nikkei Asian Review has reported that an unnamed panel of experts has advised the U.N. Security Council that the Democratic People’s Republic of Korea has been the driving force behind crypto exchange hacks since 2016 and has used its ill-gotten gains of $670…
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If there is one trait that a blockchain is known for, it is that its records are immutable. They cannot be modified. They are a permanent record, and if someone has the time, the inclination, and the know-how, they can analyze a series of transactions to reveal important facts that may lay hidden in the…
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Hacking cryptocurrency exchanges and crypto accounts are two of the biggest issues related to digital coins. Governments around the world are citing these as top priorities to consider when introducing a digital coin or developing a stable coin. But it is interesting to note that more than half of all hacked cryptos end up in…
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