In May, North Korean hacker group Lazarus transferred 2,549 Bitcoins (BTC), or approximately $23.2 million, to two mixing services, ChipMixer and Wasabi, in a bid to cover their tracks. The team behind OXT Research, a company that conducts in-depth research and analysis of the Bitcoin network, de-anonymized the group through both mixers and set forth […]
North Korea has thousands of government-backed hackers trained to steal money and valuable information, disrupt infrastructure, and harass the ruling party’s targets, vice president for international security and diplomacy at the Asia Society Policy Institute Daniel Russel told Business Insider.
North Korean authorities have claimed cryptocurrency invention. During Wednesday’s evening broadcast of The Voice of Korea, the country’s foreign broadcasting service, the DPRK authorities claimed that Bitcoin had been invented by Kim Il Sung personally to grant prosperity to the people of Korea. “The greatest and most ingenious Kim Il Sung was not only the […]