News

Cybersecurity company warns on cryptocurrency channelled to North Korea

Tuesday 9 January 2018 13:21 CET | News

AlienVault, a cybersecurity company, has detected a software that mines cryptocurrency and sends any mined coins to a server at a North Korean university, according to Reuters.

The application, which was created on Dec. 24, 2017, uses host computers to mine a cryptocurrency called Monero and sends any coins to Kim Il Sung University in Pyongyang. However, the company warned that a North Korean server used in the code does not appear to be connected to the wider internet, which could mean its inclusion is meant to trick observers into making a North Korean connection.

Kim Il Sung University did not immediately respond to requests for comment, according to Reuters. Nevertheless, others have flagged increasing signs of North Korean interest in cryptocurrencies and underlying blockchain technology.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: AlienVault, North Korea, cryptocurrency, crypto, Monero, Bitcoin, mining
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
This article is part of category

DeFi & Crypto & Web3






Industry Events