City Pyongyang Financial News

22.09 / 10:19

Technology inflation North Korea denies exporting arms to Russia amid Ukraine war

North Korea slammed US intelligence reports of weapons transfers to Russia during the war in Ukraine, stating that it has not and has no plans to do so and labelling the claims as an attempt to tarnish the hermit nation's image.

09.08 / 10:43

cryptocurrency CryptoExplainer crypto news US Imposes Sanctions On Digital Currency Mixer Firm Tornado Cash

US imposes sanctions on virtual currency mixer Tornado Cash

23.07 / 16:35

cryptocurrency crypto news North Korea Condemns US Over Washington's Remarks On Crypto Stealing

North Korea denounces U.S. over Washington's remarks on cryptocurrency stealing

19.07 / 17:19

European Union Heatwave What you need to know about the Ukraine war Tuesday

Russia's ambassador to Pyongyang has said that North Korean labour could be sent to repair Russian-controlled territories in Ukraine.

30.06 / 12:35

Blockchain UPS Target North Korea is likely culprit behind $100 million crypto heist, researchers say

North Korean state-sponsored hackers were likely the perpetrators of a hack that led to the theft of around $100 million in cryptocurrency, according to analysis from blockchain researchers.

30.06 / 06:47

cryptocurrency World News North Korea may be behind new $100 million cryptocurrency hack, experts say

North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a U.S. company, three digital investigative firms have concluded.

29.06 / 11:07

CryptoExplainer crypto news Cryptocurrecny Crypto Crash Threatens North Korea's Stolen Funds And Weapons Programme: Report

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

21.05 / 18:11

London symptoms North Korea claims progress despite thousands more with fever symptoms

North Korea said it found nearly 220,000 more people with fever symptoms, despite leader Kim Jong Un claiming progress in slowing a largely undiagnosed spread of COVID-19 across his unvaccinated populace.

27.04 / 11:19

Blockchain Ethereum Court us sanctions Two more charged with teaching North Koreans to evade US sanctions with crypto

Two European citizens have been charged by a United States district court in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019.

21.04 / 18:29

UPS cryptocurrency AXY cryptocurrency news Cyber UN Body Coordinator Calls For Greater Focus On North Korea's Cyber Crimes

A UN body coordinator has sought greater focus on cyber crimes in North Korea

18.04 / 14:25

Ethereum Legal Jail Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?

Locking up crypto developers who stray into murky legal waters may become a more everyday occurrence in the years to come.

13.04 / 10:01

Technology Court North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain technology in contravention of economic sanctions imposed by the United States.

24.03 / 13:01

Ethereum Legal Prosecutors: Ethereum Foundation Knew About Virgil Griffith’s North Korea Intentions

American prosecutors have told a court that the Ethereum Foundation, the body that governs the Ethereum (ETH) blockchain network, “initially indulged” the foundation’s Virgil Griffith – the man whom the FBI says “illegally engaged” with North Korea in 2019.

10.02 / 04:33

cryptocurrency security N Korea Says It Doesn’t Hack Crypto, Calls the US the World’s ‘King of Hacking & Theft’

Days after the United Nations claimed that North Korea had plundered crypto exchanges last year in hacks on targets based in multiple continents, Pyongyang has hit back – accusing the United States of “covertly stealing” funds and specializing in underhand cybercrime.

07.02 / 12:27

Blockchain Target Reuters Platform North Korea Targets Crypto Exchanges to Fund Missile Programs: UN Report Reveals

North Korea stole more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country's missile programmes, an excerpt from a United Nations report stated.

07.02 / 12:21

cryptocurrency Crime security North Korea Still Hacking Crypto Exchanges to Fund Its Weapons Program, Says UN

Independent sanctions monitors have told the United Nations (UN) that North Korea is continuing to use crypto and raids on international crypto exchanges as a major revenue stream to fund its nuclear and ballistic weapons programs.

18.01 / 22:16

Blockchain UPS Target Digital N.Korea's Crypto Hacks Up by least 7 times in 2021, Nearly $400M Stolen: Chainalysis

North Korean hacks on the cryptocurrency platforms jumped from four to seven extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said in a new report.

14.01 / 16:21

Hackers Cyberattack North Korean Hackers Stole Around $400-Million Cryptocurrency Through Cyberattacks In 2021: Report

North Korean hackers stole around $400 million worth of crypto through cyberattacks

14.01 / 06:05

cryptocurrency World News Bitcoin North Korean hackers stole $400 million in cryptocurrency in 2021

North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of digital assets last year, one of its most successful years on record, blockchain analysis firm Chainalysis said in a new report.

28.12 / 03:09

cryptocurrency Crime security North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’

North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash.

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