north korea bitcoin

firebrand rhetoric and provocative actions that have increased tensions with neighboring states, the secretive nation has surprisingly found itself at the center of a cryptocurrency revolution, largely out of necessity. . Pyongyang has been accused of several devious cyber activities - last year the US accused the country of being behind the WannaCry attack that crippled NHS terminals across the. In November, it was reported that the Pyongyang University of Science and Technology was teaching a specialised cryptocurrency course. One is a connection to Lazarus Group, a shadowy cabal with unconfirmed links to the government that is reportedly behind an attack on Sony Pictures in 2014, and more recently, the swift network breach that cost Bangladesh Bank 81 million.

north korea bitcoin

(See also: Why Is South Korea So Important to Bitcoin Prices? A perfect example is the. In its efforts to build an effective deterrent to what it perceives as external threats to its existence, North Korea has landed on a relatively straightforward path to overcoming these onerous restrictions: bitcoin. He went on: "WannaCry was indiscriminately reckless. Pyongyang consistently denies all hacking allegations. Ms Moriuchi told the Telegraph in a December interview that Recorded Future was probing whether North Korean hackers were operating out of several countries that included China and India. For more information you can review the Terms of Service and Cookie Policy. Lee added: "Another thing that has been circulating, but seems to be more or less legit, is that they install malware to mine a cryptocurrency called Monero, the 13th biggest cryptocurrency by value that has been touted as being more anonymous than bitcoin and. Winter Olympic Games in Pyeongchang.