Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over $3 billion was...
According to The Korea Herald report, North Korean state-sponsored cryptocurrency theft and money laundering have continued on a “massive scale” to generate illicit funds, while the total amount of stolen cryptocurrency jumped 40 percent just last year. North Korea-affiliated hackers launched “at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of […]
Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders. Crypto Shield covers the theft of cryptocurrency while in the custody of a […]
North Korea accused the US of stealing funds and committing underhanded cybercrime just days after the United Nations accused Pyongyang of conducting cyberattacks on crypto exchanges across countries. According to North Korean officials, the US is a “hacking king, a wire-tapping regime and an expert in covert theft.” North Korea had been accused of stealing […]
Crypto thefts remain a key revenue source for North Korea this year as well as the last one so let’s read more about it in today’s latest cryptocurrency news. Cyber attacks on the crypto exchange have been a huge source of funds for North Korea as per the United Nations report so according to the […]