The reports stated that $50 million were stolen from crypto exchanges in North America, Europe and Asia during the period between 2020 and mid-2021. A report from cybersecurity firm Chainalysis was also cited saying that North Korea conducted seven attacks on crypto platforms last year and stole approximately $400 million worth of digital assets. The…
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The infamous failed ICO of Telegram has sparked controversy in the cryptocurrency industry and how the SEC is involved in regulating the sector. As LeapRate recently reported, after the SEC rejected the GRAM crypto and demanded to see how the raised funds were used by the company, Telegram actually hesitated to give such information to…
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The United Nations continues to investigate and reveal its findings that allege that North Korea has been the instigator behind significant fraud activity in the cryptocurrency world. There had been several reports from cyber security firms that also pointed to North Korea as the culprit in several cyber compromises of crypto exchanges over the past…
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The Trump Administration's policy decisions are taking a toll on a number of countries: from China to Argentina, governments are thinking of new, "innovative" ways to fight the economic sanctions imposed by President Trump and his office. North Korea is one of those countries. The latest news is that the country is currently working towards…
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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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eToro UK markets analyst, Adam Vettese, has provided his daily commentary on traditional and crypto markets for September 3, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Network Prepared for Bakkt Launch: Physically-settled bitcoin futures contracts are set to launch this month. Bitcoin’s hash rate continues…
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In early August 2019, North Korea made news when Leaprate reported that the country has reportedly hacked and stole around $2 billion worth of crypto and fiat money. The hack was done through numerous cyber attacks on different financial institutions and crypto exchanges. The ultimate goal? - to fund a military weapons program. The news…
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North Korea is making news as, according to a draft report from the United Nations, the country has stolen around $2 billion in a wave of cyber attacks on cryptocurrency exchanges and financial institutions in an effort to fund military weapons program. The report was submitted to the Security Council committee this past week by…
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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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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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