How Kim Jong Un's Regime Trains Criminals To Conduct $3B Cyber Heist For Nuclear Agenda
Portfolio Pulse from Mehab Qureshi
North Korean hackers have reportedly stolen billions of dollars in cryptocurrency to fund its missile program, with Sky Mavis, the company behind blockchain-based game Axie Infinity, being a notable target. The US Treasury Department identified the hackers as the Lazarus Group from North Korea.
June 12, 2023 | 5:23 am
News sentiment analysis
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NEGATIVE IMPACT
North Korean hackers have stolen billions in cryptocurrency, including Bitcoin, highlighting the need for increased cybersecurity measures in the sector.
The news of North Korean hackers stealing billions in cryptocurrency, including Bitcoin, highlights the vulnerabilities in the sector and the need for increased cybersecurity measures. This could lead to short-term negative sentiment among investors, potentially causing a decrease in the price of Bitcoin.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
North Korean hackers have stolen billions in cryptocurrency, including Ethereum, highlighting the need for increased cybersecurity measures in the sector.
The news of North Korean hackers stealing billions in cryptocurrency, including Ethereum, highlights the vulnerabilities in the sector and the need for increased cybersecurity measures. This could lead to short-term negative sentiment among investors, potentially causing a decrease in the price of Ethereum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50