North Korean hackers can be related to YouBit hack

North Korean regime is trying to reduce losses from economic sanctions by stealing the cryptocurrency
21 December 2017   886

South Korean investigators are considering North Korea's possible involvement in hacking the Youbit crypto exchange. According to sources close to the investigation, there are serious indications and concrete evidence of this fact, writes The Wall Street Journal.

Now the regime of Kim Jong-un is going through hard times with funding because of tightening economic sanctions. One way to replenish the treasury is hacking of vulnerable crypto currency. 


Earlier, a number of experts said that against the background of the global crypto currency "mania" the North Korean regime intends to establish control over a significant number of existing bitcoins through the use of virus-extortionists, thefts and mining.

On December 19, the South Korean crypto exchange Youbit announced the closure and commencement of the bankruptcy procedure after the second time in the last year it was a victim of hackers. Unknown attackers stole about 17% of the assets of the site.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   105

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.