Reuters revealed that the nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading to one of the largest cryptocurrency heists on record in March, in which almost $615 million was stolen, according to the U.S. Treasury.
Technology
29 July 2022, 7:39 pm. 1 minute
Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Technology
Regions: Asia
Countries: North Korea
Win Types: Impact (Long Term)
Story Types: Human Interest / Feature
Media Types: Text
Customer Impact: Important Regional Story
Share this article
Sign up for email updates
Subscribe
Sign up for email updates