New Report Finds North Korean Mining of XMR Increased Tenfold in 2019, Online Activity 300%

New Report Finds North Korean Mining of XMR Increased Tenfold in 2019, Online Activity 300%A report published by cybersecurity organization Insikt Group claims internet use in North Korea has grown significantly in the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017,” and part of this activity involves monero (XMR) mining. Insikt observes a tenfold increase […]

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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions

North Korea Plans to Launch a Cryptocurrency to Bypass Economic SanctionsA North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose will be used […]

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