Saturday, December 7, 2019
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Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency.As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy Valley-Goose Bay —  filed bankruptcy documents in late November, listing CA$13.2

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macOS Malware of North Korean Lazarus Group Detected on Crypto Platform

A new macOS malware has surfaced recently, with low threat detection rate, that digital security researchers think is allegedly created by the Lazarus Group, a cybercrime group based in North Korea with a long history of crypto hacking.The malware was disguised on a cryptocurrency trading platform website called ‘unioncrypto.vip’ and

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Researchers Detect New North Korea-Linked MacOS Malware on Crypto Trading Site

Security researchers have discovered a new cryptocurrency-related macOS malware believed to be the product of North Korean hackers at the Lazarus Group.As tech-focused publication Bleeping Computer reported on Dec. 4, malware researcher Dinesh Devadoss encountered a malicious software on a website called “unioncrypto.vip,” that advertised a “smart cryptocurrency arbitrage

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Sources: Virgil Griffith Wanted to Ship Ethereum Mining Equipment to North Korea

Virgil Griffith, a US citizen, a programmer and a cryptocurrency expert, was arrested last week on the grounds of aiding North Korea in violating international sanctions placed on the country.Now, new report indicates that he had previously told his peers about his plans to arrange a shipment of crypto mining

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Ethereum Dev Arrested After Speaking at North Korea Crypto Conference

Virgil Griffith, a developer who currently works with the Ethereum Foundation, has been arrested upon arrival in the US after speaking at the Pyongyang Blockchain and Cryptocurrency Conference in North Korea in April. The United States Attorney’s Office for the Southern District of New York announced on Friday that Griffith had been

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US Citizen Accused of Helping North Korea to Evade Sanctions with Crypto

Virgil Griffith, a US citizen and a programmer, has been accused of violating International Emergency Economic Powers Act (“IEEPA”).The accusation comes after Virgil allegedly traveled to North Korea to deliver a presentation about how the country can use cryptocurrency and blockchain technology to move around all the sanctions that have

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American Citizen Arrested For Educating North Korea On Blockchain And Crypto

Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions.According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los

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