North Korea


Policy

U.S. Shuts Down North Korean Crypto Money Laundering Network

OFAC says a front company in the UAE had been converting crypto into cash for North Korea.

North Korea, Kim Jong Un

Tech

Radiant Capital Says North Korean Hackers Behind $50 Million Attack in October

Hackers gained access to a developer’s computer by posing as a former contractor.

North Korean Supreme Leader Kim Jong Un (Getty Images)

Policy

The DPRK's Deep Roots in Crypto

North Korean developers have worked for a surprisingly large number of crypto projects.

North Korean Supreme Leader Kim Jong Un (Contributor/Getty Images)

Tech

The Protocol: Inside North Korea's Campaign to Put Crypto Developers on Payroll

In this week's issue of CoinDesk's weekly blockchain tech newsletter, we've got names, details and anecdotes on crypto companies' unwitting hires of North Korean developers. PLUS month-end rankings for bitcoin, ether and other digital assets in the CoinDesk 20 index during a strangely bullish September.

"Naoki Murano," one of the suspected North Korean IT workers identified by ZachXBT, provided companies with an authentic-looking Japanese passport. (Image courtesy of Taylor Monahan)

Videos

North Korea Is Infiltrating the Crypto Industry; Diddy Hires Sam Bankman-Fried’s Appeal Lawyer

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as a CoinDesk investigation reveals that crypto firms are unknowingly hiring IT workers from North Korea. Plus, Sean “Diddy” Combs has hired the lawyer who handles Sam Bankman-Fried's appeal and Bitwise registered a trust entity in the state of Delaware, taking a first step at an XRP ETF.

Recent Videos

Finance

WazirX Hacker Moves $11M Stolen Ether to Tornado Cash

Wallet data tracked by Arkham shows over 5,000 ETH, worth just over $11 million at current prices, from July’s attack on crypto exchange WazirX was moved to a new address at 07:19 UTC.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Policy

WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery

Shetty said that outreach efforts to different exchanges “are going to be crucial.”

WazirX CEO Nischal Shetty (WazirX)

Policy

Cambodian Payments Firm Received $150K From North Korean Hackers Lazarus Wallet: Reuters

The crypto was stolen by Lazarus hackers from three crypto companies in June and July last year.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Opinion

The Munchables Hack Is Way Worse Than It Seems

Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk.

Edvard Munch's "The Scream" (Art Institute of Chicago)

Policy

Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs

Almost half of all illicit crypto volume occurred on the TRON Blockchain, the report said.

(Alpha Rad/Unsplash)