Tag: North Korea

North Korea steals millions in cyber-attacks for its nuclear missile program
February 08, 2022 BY Steffy Bogdanova

North Korea uses crypto cyber-attacks to fund nuclear missile program

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…

Read more
bitcoin hacker
January 13, 2020 BY Mariela Naydenova

Hackers in North Korea steal cryptocurrencies through Telegram

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…

Read more
President Trump, exalted Tweeter-in-Chief, tweeted: “Not a fan” of Bitcoin
September 16, 2019 BY Mariela Naydenova

Trump goes after the North Korean Bitcoin hackers

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…

Read more
forex market crypto news and updates
September 03, 2019 BY Valentina Kirilova

Daily Market News: Political uncertainty weighs on GBP

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…

Read more
North Korea tensions margin requirements
September 03, 2019 BY Mariela Naydenova

North Korea denies the $2 billion crypto hacking allegations

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…

Read more
October 31, 2018 BY Mariela Naydenova

This country "welcomes" 65% of all hacked cryptocurrencies

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…

Read more