How North Korea stole $100m in crypto - Episode 345 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it25 Tammi 2023

How North Korea stole $100m in crypto - Episode 345 - by cryptohunt.it

How North Korea stole $100m in crypto

Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English.

You may have heard a lot of things about North Korea, but did you know that the little country has a secretive state-run hacking operation, called Lazarus Group?

And news just broke confirming yet another hack they pulled off in 2021, stealing $100 million dollars worth of crypto from Harmony, a US based blockchain.

And if you think that’s a decent chunk of money - it’s not. This is following multiple other hacks, including one for $622 million dollar in April 2022, bringing their total loot to an estimated whopping $1.2 billion dollars.

It’s even more interesting if you put that into context: North Korea only has a population of 25 million people. That means the country’s hackers stole enough money to give each citizen $50, which is the equivalent of almost half a months’ salary.

But you probably guessed it - the already impoverished people of North Korea will probably not see a single cent. More likely, the money is going to finance the development of intercontinental missiles and nuclear weapons. Not exactly what we all wanted crypto to be used for.

And tomorrow, we’ll look into just how these hacks keep happening and - spoiler alert - it has to do with something called a crypto bridge.

And since I bet you have some Whatsapp or Telegram Group with friends that might be interested in daily stories like this - why don’t you share today’s episode with them. It helps us, your friends and also makes you a great early adopter of interesting content. Triple win. We thank you a lot.

This podcast is produced by Cryptohunt.it, the easiest place to learn all about Web3

Jaksot(373)

Who is Do Kwon and where is he? - Episode 325 - by cryptohunt.it

Who is Do Kwon and where is he? - Episode 325 - by cryptohunt.it

Who is Do Kwon and where is he? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. As always: In plain English. Avid listeners...

28 Joulu 20222min

Is this new Chat AI trying to kill you? The dangers of ChatGPT - Episode 324 - by cryptohunt.it

Is this new Chat AI trying to kill you? The dangers of ChatGPT - Episode 324 - by cryptohunt.it

Is this new Chat AI trying to kill you? The dangers of ChatGPT Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. As always: I...

27 Joulu 20223min

What is behind the AI chatbot that everyone is talking about? - Episode 323 - by cryptohunt.it

What is behind the AI chatbot that everyone is talking about? - Episode 323 - by cryptohunt.it

What is behind the AI chatbot that everyone is talking about? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. As always: In...

26 Joulu 20222min

Paypal collaborates with Metamask: Why this is a big deal - Episode 322 - by cryptohunt.it

Paypal collaborates with Metamask: Why this is a big deal - Episode 322 - by cryptohunt.it

Paypal collaborates with Metamask: Why this is a big deal Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. As always: In pla...

23 Joulu 20223min

Could Twitter have been the killer app to make blockchains go mainstream? - Episode 321 - by cryptohunt.it

Could Twitter have been the killer app to make blockchains go mainstream? - Episode 321 - by cryptohunt.it

Could Twitter have been the killer app to make blockchains go mainstream? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. A...

22 Joulu 20222min

What is Mastodon… and will it kill Twitter? - Episode 320 - by cryptohunt.it

What is Mastodon… and will it kill Twitter? - Episode 320 - by cryptohunt.it

What is Mastodon… and will it kill Twitter? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto… and now also some other cutting edge news. As always: In plain English. Th...

21 Joulu 20222min

What is the "Clawback process" and could it add to Binance's troubles? - Episode 319 - by cryptohunt.it

What is the "Clawback process" and could it add to Binance's troubles? - Episode 319 - by cryptohunt.it

What is the "Clawback process" and could it add to Binance's troubles? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. Today, in yet another episode...

20 Joulu 20222min

Is Binance the next FTX? - Episode 318 - by cryptohunt.it

Is Binance the next FTX? - Episode 318 - by cryptohunt.it

Is Binance the next FTX? What’s worse - lying or simply not mentioning important facts? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - so that you...

19 Joulu 20223min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-rahamania
ostan-asuntoja-podcast
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
herrasmieshakkerit
sijoituspodi
rss-draivi
inderespodi
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-bisnesta-bebeja
rss-karon-grilli
rss-seuraava-potilas
rss-paasipodi
vapauta-supervoimasi-podcast