North Korean hackers funneling stolen tokens through Russian exchanges
North Korea shows no sign of slowing its ‘crypto’ hacking operations and is increasing its use of Russian digital asset exchanges to launder its ill-gotten gains.
North Korea shows no sign of slowing its ‘crypto’ hacking operations and is increasing its use of Russian digital asset exchanges to launder its ill-gotten gains.
Lazarus Group, linked to a $55 million CoinEx hack, exposed its trail, with experts tracking their cybercrime spree, now exceeding $1 billion.
CoinEx will refund $1.1 million to users and pay $600,000 in penalties over charges that it violated securities laws in New York in a settlement that “codifies” its U.S. exit.
NY Attorney General Letitia James alleges that CoinEx offered commodities and securities without registering, with the exchange pledging to cooperate with the regulator.
The Hong Kong crypto exchange launched contract markets for BSV/USD on February 7, in response to user demand with each contract being assigned the value of $1.
Haipo Yang, the founder of cryptocurrency exchanges CoinEx and ViaBTC, has finally revealed his whereabouts, after going missing for over two months.
The exchange’s volume spiked up from $5 million to a whopping $1.24 billion within 24 hours.
The asset supports CPU mining with CryptoNight proof-of-work algorithm to balance hashrate distribution and has a total supply of 21 million.