North Korea Financial News
21.07 / 20:23
business
Investments
Terra
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
South Korean crypto investment company Uprise plans to compensate investors for damages incurred during its futures bet on Luna Classic (LUNC) — a token that was built on the ruins of the failed Terra ecosystem.
21.07 / 06:53
cryptocurrency
Stablecoin
Luna
raid
South Korea prosecutors raid crypto exchanges, offices for Luna investigation
South Korean prosecutors carried out search and seizure operations at local crypto-currency exchanges and related offices, looking for evidence of illegal practice involved in the collapse of crypto-currency Luna in May.
20.07 / 19:17
Law
regulation
Terra
raid
South Korean authorities raid 15 entities linked to Terra collapse: Report
Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including seven crypto exchanges.
20.07 / 18:31
Exchange
Legal
Upbit
raid
S Korean Prosecutors Raid 15 Addresses, Including Major Crypto Exchanges, as Part of Terra Probe
South Korean prosecutors have raided 15 locations in Seoul as part of their ongoing probe into the “Terra (LUNAC) incident” – and have seized documents and data from at least seven crypto exchanges, including the market-leading platforms Upbit and Bithumb.
20.07 / 00:21
regulation
Department Of Justice
Bitcoin
Department
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government
The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers.
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.
16.07 / 16:49
UPS
Bitcoin
ATH
Mixer usage reaches ATH as YTD volume doubles as compared to 2021: Chainanalysis report
The use of cryptocurrency mixers has been at the helm of crypto investigators and compliance officials. This use of mixers has reached an unfortunate all-time high recently as per the latest reports. In fact, more than 10% of all funds sent from illicit addresses are sent to mixers!
12.07 / 15:01
Blockchain
NFT
Metaverse
Korean fintech giant plans to create 10K Web3 jobs amid bear market
Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs in the next five years.
12.07 / 05:45
business
Blockchain
Scams
Threat
Cyber
‘Nobody is holding them back’ — North Korean cyber-attack threat rises
North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages.
08.07 / 08:37
European Union
abortion rights
Former Japanese PM Shinzo Abe critically shot while campaigning
Former Japanese Prime Minister Shinzo Abe was shot during a campaign speech on Friday in the west of the country.
08.07 / 03:39
regulation
Exchange
Investment
South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors
A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.
07.07 / 15:11
07.07 / 07:27
06.07 / 14:13
regulation
crimes
Korea and US agree to share investigation data on Terra-Luna
South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes.
01.07 / 10:11
cryptocurrency
Bitfinex
Bitcoin
How This New York Couple Allegedly Stole $8 Billion In Bitcoin
The couple were detained on charges of conspiring to launder Bitcoins.
30.06 / 19:47
Blockchain
ETH
Platform
Discover
lazarus
Harmony, North Korea, Lazarus – A Q worth $100M
The Horizon hack has taken a new twist after the latest post-mortem report. The $100 million theft was initially observed on 24 June but after careful analysis, new developments have emerged. From Uniswap to Tornado, the money trail led to the potential perpetrators.
30.06 / 18:37
Blockchain
ETF
Entertainment
Low
Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
30.06 / 15:19
Blockchain
Ethereum
Cybersecurity
Infamous North Korean hacker group identified as suspect for $100M Harmony attack
The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol.
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 / 14:05
Ethereum
Hackers
Bitcoin
Crypto market crash wipes out millions from North Korea's stolen crypto funds
North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil has wiped out millions of dollars from the country’s stolen crypto portfolio.
what's happening in North Korea
What is the current situation in North Korea?
In North Korea, the spotlight is on local government initiatives that spark public discussion.
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