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Top Bitcoin Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Crypto Funds

Top Crypto Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Funds As many of our regular readers may recall, late last month, leading South Korean crypto exchange Bithumb fell victim to a hacking scandal which saw the company lose a little over USD $18 million worth of assets. However, as soon as this […] дальше »

2019-4-19 20:14


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North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat

A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To Extremes’ Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI). дальше »

2019-4-16 22:00


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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency

North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. дальше »

2019-4-15 12:56


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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses

South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More. дальше »

2019-4-12 13:00


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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?

It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More. дальше »

2019-4-11 01:00


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Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout

The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. дальше »

2019-4-10 12:00


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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »

2019-4-8 12:29


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »

2019-4-8 11:17


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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »

2019-4-5 13:00


Kim Jong-un is Masterminding Crypto Thefts to Fund Nukes: Report

North Korean leader Kim Jong-un is thought to be backing an elaborate scheme entailing the hacking of crypto exchanges. The group alleged to be doing the hacking is called APT 38. It’s considered to be a highly-skilled state-sponsored group of bank hackers that managed to steal $1 billion from banks to fund its nuclear weapons program, according to Wired. дальше »

2019-4-3 16:27