Bobby Lee: North Korea mines Bitcoin at the state level

Bobby Lee shares a rumour about North Korea mining Bitcoin at the state level
18 August 2017   603

Bobby Lee, CEO of the Chinese cryptocurrency exchange BTCC and a well-known Twitter user, assumes that North Korean miners mine Bitcoin with the active support of the state in order to strengthen the national currency.

Thus, the man continued claiming that Bitcoin mining is actually a great idea for governments: 

The creator of Ethereum and another ore than a significant person in social network, Vitalik Buterin, also commented on the situation:

Notably, between 2013 and 2015, North Korean hackers stole from their southern neighbours the Bitcoins for a total of 100 million won ($ 88,000) each month. Presumably, this was done with the active support of the state in order to strengthen the national currency weakening under the pressure of international sanctions.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   218

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.