Seoul: It emerged that North Korea attempted at least seven attacks on cryptocurrency platforms that extracted nearly $400m worth of digital assets last year. Blockchain analysis firm Chainalysis revealed in a news report, “From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted from these hacks grew by 40 percent”. “Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out,” the report put in.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Royal Dutch Shell returns to Libya

London: It emerged that the Royal Dutch Shell (RDSa.L) had planned a…

Path to Biden-Xi meeting ‘not smooth’: Chinese FM

Chinese Foreign Minister Wang Yi has said the path to a meeting…

More than 100 killed in Israeli bombing of Rafah

More than 100 people have been killed in Israeli air and sea…

Israeli army launches operation in West Bank

Israeli security forces launched an operation in the north of the occupied…