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How North Korea Uses Cryptocurrencies to Get Around U.S. Sanctions


North Korea has always been under suspicion for either being involved with some notorious projects or for directly or indirectly funding weapons of mass destruction using digital currencies. Recently, the country was accused of stealing cryptos worth $2 billion to support the development of deadly...

South Korea Welcomes Blockchain-powered Driver’s Licences on Mobiles


South Koreans will soon do away with plastic driver’s license cards – and make use of a blockchain-powered ID solution for smartphones. Or, at least, this is the plan. The country’s Ministry of Science and ICT has approved a plan whereby all three of the country’s major mobile carriers – SK, KT...

How Did You Get Into Bitcoin? Crypto Twitter Responds


Everybody loves a story. When it comes to how people first got into cryptocurrency, there’s no exception. Crypto Twitter (CT) is full of humorous, thought-provoking, and unexpected tales of diving down the Satoshi rabbit hole, and the reasons for entering the space are as diverse as...

North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions


A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...

US Sanctions Three North Korea-based Crypto Hacking Groups


The United States of America has given its nod for the sanction of three North Korean state-sponsored hacker entities responsible for “North Korea’s malicious cyber activity on critical infrastructure,” announced the U.S Department of Treasury on September 13, 2019. According to the announcement...

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