Vietnam was the next largest victim, having lost $540m, the US following with $497m and finally Hong Kong, which suffered losses to the Diplomatic Republic of North Korea (DPRK) of $281m.
Hackers linked to the government in Pyongyang regularly target foreign adversaries looking to steal funds.
North Korean hackers have stolen cryptocurrencies worth $721m from Japan in the past five years, a report revealed this week. The long history of animosity between the countries, and the close association between Japan and the US, is likely to be behind the trend, researchers say.
Japan has been the main target of North Korean hackers since 2017. (Photo by Astrelok/Shutterstock)
This figure is equal to 30% of the total of such losses worldwide, states the report. The research was carried out by UK cryptocurrency research company Elliptic on behalf of Asia Nikkei.
North Korea has stolen $721m from Japan since 2017
According to Elliptic’s findings, Japan is the worst hit by North Korea’s worldwide cryptocurrency raids, suffering $721m in thefts out of a global $2.3bn between 2017 and the end of 2022.
Vietnam was the next largest victim, having lost $540m, the US following with $497m and finally Hong Kong, which suffered losses to the Diplomatic Republic of North Korea (DPRK) of $281m.
SINGAPORE — Thailand and Vietnam have become the top crypto trading hubs among the 10 members of the Association of Southeast Asian Nations, beating even financial center Singapore, which has been grappling with new legislation to control the nascent sector.
The two ASEAN members recorded over $100 billion each in crypto buying and selling values from July 2021 to June 2022, according to numbers published on Wednesday by blockchain data platform Chainalysis.
An employee inspects machines for the production of bitcoin and lightcoins. Photo: AFP
China’s top economic planning body has proposed new rules that would see the closure of all local cryptocurrency mining facilities if enacted – a move that would potentially end the country’s dominance in the energy-hungry, yet lucrative industry.
The National Development and Reform Commission (NDRC) on Monday
to its guidance for adjustments to the nation’s industrial structure, including categories that are encouraged, restricted and eliminated. Cryptocurrency mining was included among sectors to be eliminated immediately. The new list is under public consultation until May 7.
The NDRC did not immediately respond to a request for comment sent via a message board on its website.
Cryptocurrency mining is the process of validating transactions in digital forms of money like bitcoin and ethereum in exchange for new coins given as a reward. The specialised computers used for the mining activity consume large amounts of electricity.
Vấn đề thao túng thị trường, mà ngày nay thường dùng từ “làm giá” hay “làm giá thị trường” hay “tạo cơn sốt”, là điều xưa như trái đất, nhưng rất nhiều người vẫn bị lãnh đủ.
Vấn đề rất dễ hiểu. Giá cả của mọi thứ trên thị trường được ấn định bởi cung (supply) và cầu (demand) – một số lượng cung do các nhà sản xuất tung ra trên thị thường gặp một số lượng cầu của người tiêu thụ, sẽ tạo ra một thăng bằng (equilibrium) nơi cung và cầu gặp nhau, với lượng sản phẩm Q tại giá P. (Xem ảnh bên dưới)
Bitcoin and bubble have become virtually synonymous in the minds of many skeptics during this year’s breathtaking rally. While the digital currency has defied doomsday prophesies, there’s a number of ways this party could end badly for the swelling ranks of bulls.
Randal Quarles, governor of the U.S. Federal Reserve nominee for U.S. President Donald Trump, speaks during a Senate Banking Committee nomination hearing in Washington, D.C., U.S., on Thursday, July 27, 2017. Trump’s pick to be the Federal Reserves top Wall Street watchdog said it’s time to reconsider the restrictions imposed on banks in recent years, even as he credited regulations with helping stabilize the financial system after the 2008 crisis.
VietNamNet Bridge – Vietnamese experts have warned about the bursting of the ‘bitcoin bubble’, saying that enterprises which import low-quality bitcoin mining machines from China will incur big losses.
The imported machines are automatic data processing machines manufactured by Bitmain, a Chinese technology firm. The machine has Antminer L3+ installed from a graphics card for decoding SHA256 cryptographic hash algorithms. Tiếp tục đọc “Bitcoin is new ‘dot com bubble’: experts”→
CoinHive, lurking unseen on websites, taps the processing power of visitors’ computers to mine the cryptocurrency MoneroBy Tuoi Tre News
November 17, 2017, 16:05 GMT+7
A cryptocurrency ‘mining farm’ in Vietnam.
Internet users in Vietnam are being warned of a malicious software program hiding on websites to ‘steal’ the computing resources on visitors’ devices to mine the cryptocurrency Monero for hackers.