North Korea is well known for being one of the most secretive and reclusive countries in the world. For years, it has been under heavy sanctions from the United Nations, the United States and other countries over its nuclear program. It has also been accused of using cyber warfare in order to gain funds to sustain its nuclear program. Continue reading “Southeast Asia’s Cryptocurrency Sector could be targeted by North Korea”
Category: CRYPTOCURRENCY NEWS
Rebiton Allows You to Buy Bitcoin and Keep Your Privacy
Purchasing bitcoin ought to be quick and easy, but over the years, encroaching KYC has made that task more complex. Rebiton is a service that cuts through the red tape, making it possible for anyone to buy up to $999 without the need for ID.
Re-Up on Bitcoin With Rebiton
Purchasing small amounts of BTC shouldn’t require a verification process akin to buying a firearm. Unfortunately, that’s how it’s come to be in many parts of the world, where regulators view cryptocurrency with deep distrust. As a consequence, anyone wishing to acquire bitcoin must consent to deeply invasive know your customer laws which can include scanning identification documents and submitting a selfie as added proof, all of which presents a honeypot for hackers. Rebiton does away with that, enabling anyone to buy BTC without suffering a major privacy loss. Continue reading “Rebiton Allows You to Buy Bitcoin and Keep Your Privacy”
South Korean Government Considers Relaxing Cryptocurrency Regulations
The world of cryptocurrency has its fair share of individuals who engage in criminal activity (just like in the world of fiat currency). A growing number of countries are slowly but surely learning to accept the fact that blockchain technology is here to stay. Governments can either learn to accept the changing face of fintech – or get left behind.
The government of South Korea learned to accept the use of blockchain technology, but applied very strong regulations for its use to mitigate its abuse by criminal elements. Continue reading “South Korean Government Considers Relaxing Cryptocurrency Regulations”
Japanese Hacker Steals Over $130,000 in Cryptocurrency – Gets Arrested
Japanese police have caught and arrested an 18-year-old Japanese individual for the crime of stealing cryptocurrency, valued at over ¥15 million (approximately $134,300).
This is one of the first times that Japanese prosecutors have successfully investigated a case involving the theft of cryptocurrency (by an individual). Officials have stated that the accused was able to successfully perform this theft by hacking a cryptocurrency-related website. Continue reading “Japanese Hacker Steals Over $130,000 in Cryptocurrency – Gets Arrested”