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North Korea Is Developing Own Crypto to Circumvent US Sanctions
North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.
Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.
UN Investigates North Korea on Cyberattacks Funding WMD
The U.N. experts are currently investigating 35 cases in 17 countries where North Koreas were using cyberattacks to raise money for the military objective.
UN Agency Employs Blockchain to Protect Migrant Workers in Hong Kong From Illegal Fees
Blockchain is being deployed by the International Organization for Migration to curb the exploitation of domestic helpers in Hong Kong by unethical agencies who charge illegal fees.
UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption
The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.
US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation
In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.
Jury Trial will Decide if Ethereum Dev Nigel Griffith Helped North Korea Evade Sanctions
Ethereum developer Virgil Griffith has been accused by the US Department of Justice of aiding North Korea (DPRK) in evading sanctions and will now face trial by jury.
US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin
A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.
Exclusive: How is Blockchain Disrupting the Music Industry Globally?
With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement!
New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme
A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
BNY Mellon Joins Marco Polo Trade Finance Consortium
The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”