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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Cryptocurrencies

Cryptocurrencies

North Korean hackers stole $721 million in Japanese cryptocurrencies.

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Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep
Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep
Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep
Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep Flexible Majority Rules for Cryptocurrency - image from pixabay by jaydeep

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On Monday, the Nikkei business newspaper revealed that North Korean hackers had stolen $721 million in Bitcoin assets from Japan since 2017.

The Nikkei stated that it represents 30% of global losses.

The news follows a Saturday declaration by Group of Seven finance ministers and central bank governors supporting efforts to combat state-sponsored cybercrime, including crypto-asset theft.

North Korea stole $2.3 billion in cryptocurrencies from businesses between 2017 and 2022, Elliptic found for the Japanese publication.

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