North Korean hackers lose $400k trading crypto in just 2 days
While the cryptocurrency space provides a wealth of transformative potential for financial systems — and serves as an exciting market for speculative investments, there’s always a darker side to the story. Although such use cases might be gradually phasing out, cryptocurrencies, and Bitcoin (BTC) in particular, have a history of being used for illegal purposes. To use the most straightforward example, the BTC confiscated by the Federal Bureau of Investigation (FBI) from dark-web marketplace Silk Road is now worth billions of dollars. These illegal activities extend beyond common criminality — a lot of the time, they involve state actors whose clandestine activities are quite far-reaching. Efforts like these can include hacking for the purpose of theft, or attempts to avoid international sanctions. Picks for you Arthur Hayes just dumped $10...