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North Korea
Protest Against Tornado Cash Developer’s Arrest
More than 50 people gathered in Amsterdam’s Dam Square Saturday to protest the arrest of blockchain developer Alexey Pertsev. He was arrested Aug. 10 on suspicion of involvement in the Tornado Cash protocol that was sanctioned earlier this month by U.S. authorities.
US Tornado Cash Ban Will Put Great Dent Into North Korean Operations: Expert
The U.S. Treasury department has banned crypto mixer Tornado Cash, claiming it has ties to a hacking organization associated with the North Korean government.
TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury
The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a "watershed moment" for crypto.
Americans Banned From Using Crypto-Mixing Service Tornado Cash
The U.S. Treasury Department banned all Americans from using decentralized crypto mixing service Tornado Cash on Monday. The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds. “The Hash” panel discusses what this means for online privacy in the crypto space.
3AC Contagion Fears; Saylor Buys More Bitcoin
Three Arrows Capital reportedly told to liquidate while market contagion fears grow. Microstrategy buys another $10 million worth of bitcoin. N. Korea suspected of $100 million Harmony Horizon hack. India’s 1% tax deducted at source on crypto transactions starts tomorrow. K-pop metaverse artists log in to mainstream popularity. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
US Agencies Warn of Attempts by North Koreans to Get IT Jobs
Three U.S. government agencies warned on Monday that some North Korean IT workers were trying to secure jobs while concealing their nationalities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.
US Sanctions North Korea-Linked Bitcoin Mixer Blender.io
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned North Korea-linked crypto mixing service Blender.io as part of its efforts to ice the flow of stolen crypto from the infamous over $600 million Ronin hack. CoinDesk’s Nikhilesh De unpacks what we know so far and why this is a story to continue watching.
Uniswap COO on Wash Trading Concerns, New Swap Widget Feature
Uniswap COO Mary-Catherine Lader discusses the crypto exchange’s effort to curve wash trading issues following a Chainalysis report on North Korea’s involvement in crypto exploits. Plus, a conversation about institutional interest in crypto and the launch of Swap Widget feature for third-party applications.
Two Charged Over N Korea Sanctions; Crypto Market Falls
The U.S. charges two Europeans for helping North Korea evade sanctions with crypto. Blockchain technology comes to the forefront in recording Shanghai’s COVID-19 lockdown. Crypto market tumbles on concerns over Fed hikes and growth in China. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”