North Korea Taps Bitcoin to Circumvent US Sanctions, More Hacks to Follow 176

North Korea seemingly wants to bypass the sanctions imposed upon the nation by the US government. Doing so will require a very creative approach. So far, it seems the country’s government leans toward using bitcoin for this specific purpose.

North Korea and Bitcoin

It is evident there are growing rumors regarding North Korea and Bitcoin. For quite some time now, people have voiced concerns over this nation’s affinity with cryptocurrency. With the US continually imposing new sanctions on North Korea, something has to give eventually. Even though Kim Jong Un will not change his overall approach, he is considering the use of Bitcoin to bypass these sanctions.

The latest sanction comes in the form of firms and shipping companies allegedly aiding North Korea’s nuclear programs. Although it remains to be seen if there is any truth to this, the repercussions are very dire. The US government wants to cut off all revenue streams in the communist country. They fear any new capital will be used immediately to fund the nation’s weapons programs.

Whether or not these sanctions have any lasting impact, remains to be seen. So far, North Korea is not effectively suffering from the US’ actions. Instead, they look for new revenue streams to keep doing their thing. The rule of cryptocurrencies should not be underestimated in this regard. This borderless and bankless currency cannot be blocked by any government. As such, it makes perfect sense for North Korea to explore with this option.

More Hacking Attempts to Follow?

Assuming North Korea will explore the Bitcoin option, they will need a lot of cryptocurrency moving forward. One way to obtain that is by doing the same thing the country has done for years now. By targeting South Korean exchanges and effectively hacking them, a lot of currency can flow into North Korea without too many problems. Right now, it is estimated the communist nation earns up to $200 by selling cryptocurrency every year.

A report from Recorded Future shows North Korea’s keen interest in Bitcoin. More specifically, it shows how government actors purposefully target South Korean cryptocurrency exchanges for financial gain. They also go after South Korean college students interested in foreign affairs. This report seemingly indicates is also linked to the WannaCry malware in a roundabout way. Rest assured we will see more of these attacks as time progresses.

It is evident all of this momentum will further tarnish Bitcoin’s public image. Most people are Bitcoin-averse due to its ties to criminal activity. If communist nations now start to show an active interest in this currency, that situation will not improve anytime soon. For the time being, we have to wait and see how this situation evolves. It is evident cryptocurrencies open new opportunities, although not all of them are positive in this regard.

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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem 8540

Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

“We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

Other highlights include:

  • Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.
  • Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.
  • User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

To check out Moonbeam’s new website and follow the network’s upcoming developments, see:

About Moonbeam Network

Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

MAR Mining Received US$100 Million in Strategic Financing to Bring a Better Experience to Users 8521

MAR mining, the leading decentralized governance infrastructure, announced the completion of another US$100 million round of strategic financing. This financing will accelerate the adoption and strategic expansion of MAR mining’s decentralized governance and public goods financing technology stack.

MAR mining is a leading cloud mining infrastructure focusing on decentralized governance and public goods technology. Its core products include flagship public goods staking infrastructure that enables blockchain incentive-driven ecosystem financing; MAR mining, an application chain that hosts contract protocols; privacy protection and contract mechanisms that democratize public goods financing.

How to start cloud mining

Step 1: Choose a Cloud Mining Provider

MAR Mining is a powerful cryptocurrency mining platform that allows individuals to earn Bitcoin passively, without any strings attached, regardless of technical knowledge or financial resources. Once $100 worth of Bitcoins are mined, they can be transferred to their account and traded. The individuals can withdraw them to their personal wallet.

Step 2. Register Account

MAR Mining offers a simple registration process: the individuals just enter their email address. Sign up now and get $12 for free to start mining Bitcoin.

Step 3. Buy a Mining Contract

MAR Mining offers a variety of efficient mining contract options: contract prices range from $100 to $10,000, and each package has its own return on investment and a certain contract validity period.

Step 4: Earn Passive Income

Cloud mining is a great way to increase their passive income. Earn passive income the day after purchasing a contract. Passive income is the goal of every investor and trader, and MAR mining is the best option to achieve this goal.

Platform Advantages:

  • Get $12 free immediately after signing up.
  • Get $0.60 every day you log in.
  • The level of profitability is high, making $1,000 a day is not a problem.
  • No additional service fees required;
  • Cloudflare® security protection;
  • 24/7 technical support.

Conclusively, if the individuals are looking for ways to increase their passive income, MAR mining is a great option. MAR mining can help them grow their cryptocurrency wealth in “autopilot” mode with minimal time investment. Passive income is the goal of every investor and trader, and with MAR mining individuals can maximize their passive income potential easier than ever.

For more information about MAR mining, please visit the official website:
Download MAR MiningAPP
Website :

Connext Rebrands to Everclear and Launches the First Clearing Layer Protocol to Fix Liquidity Fragmentation 8510

Connext, the leading protocol for blockchain interoperability, has announced its rebrand to Everclear to build the first Clearing Layer for Web3, aimed at solving liquidity fragmentation for modular blockchains. As part of this shift, the protocol has also secured $5 million in a private transaction* with Pantera Capital to diversify its DAO.

Modular Fragmentation

As L2s have become faster, cheaper, and easier to launch than ever, the number of new chains has grown exponentially, with 53 already up and running and even more on the way. This has created widespread fragmentation of liquidity and UX.

Last year, the Everclear (prev. Connext) team introduced the Chain Abstraction vision: users should never need to care what chain they are on. Today, there is a growing ecosystem of teams working to realize this outcome, primarily using a technology called intents that allows users to offload the complexity of managing connections to many chains, paying gas, interacting with bridges, and other user experience headaches to third-party service providers called solvers.

Despite the growing popularity of cross-chain intents, solving remains a highly centralized activity, supporting only a small number of ecosystems, largely due to the cost and complexity of rebalancing inventory between chains.

“For Chain Abstraction to truly fix fragmentation, we need intents to work with every chain, every asset, and every application,” said Arjun Bhuptani, co-founder and Chief Researcher at the Everclear Foundation, “This means we need to rapidly improve the economics of solving and rebalancing liquidity for everyone, not just top market makers.”

Clearing Things Up

The Everclear team believes that a number of industry-wide problems related to fragmentation, such as solver rebalancing, the complexity of building liquidity on new chains, the trend of deploying copies of dApps to each chain, and the lack of widespread CEX support for L2s, are all manifestations of single core problem: market participants today are playing an isolated, PVP game for managing liquidity across chains.

On a global basis, however, bidirectional flows of liquidity between chains are quite balanced on average, with over 80% of daily volume netting off between chains. In other words, out of every $100 transferred into chains like Arbitrum per day, there are typically $80 transferred out.

Everclear introduces a new primitive: Clearing Layers. Clearing Layers are public networks that let market participants coordinate the netting and settlement of capital flows between chains. Clearing Layers act as the foundation of the emerging Chain Abstraction stack, powering optimal liquidity and settlement for intent protocols, solver networks, market makers, and CEXs.

Everclear estimates that through a combination of netting and integrating into asset & ecosystem-specific settlement approaches, such as CCTP for USDC, their system can reduce the cost and complexity of solving (and other liquidity management across chains) by as much as 90%. Everclear is a modular system comprised of an open network of intent solvers and the Everclear chain; an Arbitrum Orbit rollup, leveraging Hyperlane and Eigenlayer under the hood to connect to other ecosystems.

Lauren Stephanian, General Partner at Pantera Capital, said, “We’re excited to support Everclear in its mission to streamline blockchain interoperability. We believe this innovative Clearing Layer will transform the way liquidity is managed across modular blockchains, directly enhancing user experience and operational efficiency across the ecosystem.”

The rebrand to Everclear follows Connext’s recent growth to over $1 billion in TVL and over $500m in monthly bridge volume while maintaining 99.4% network uptime. This exponential growth has been driven by Connext’s expansion to 10 supported chains and the introduction of its Restake from Anywhere module in partnership with Renzo Protocol.

Everclear’s testnet is live today with the mainnet scheduled to launch in early Q3.

Everclear launches with strategic partners including Eigenlayer, Arbitrum, Hyperlane, and Gelato. It brings together supporters including Polychain, Consensys, 1kx, Ethereal Ventures, Coinbase Ventures, Polygon Ventures, Hashed, OKX, NGC, KX Bank, Huobi, a_capital, Edge and Node, eGirl Capital, Dokia, IOSG, Metacartel Ventures, Figment, Scalar Capital and No Limit Holdings. Ecosystem partners include Renzo, Metamask, Alchemix, DappRadar, LiFi, Socket, AltLayer, Gnosis Zodiac, and Lucid. Infrastructure partners include The Graph, P2P, and BWare.

About Everclear

Everclear is building the first Clearing Layer for web3. Everclear solves fragmentation for modular blockchains by coordinating the global liquidity settlement between chains. Everclear aims to build an open and accessible future where users can reap the benefits of blockchains without specialized knowledge or exposure to unnecessary risk.

For more information, please visit

Orbs Liquidity Hub Expands to Fantom and Integrates With SpookySwap 8995

Leading Fantom AMM SpookySwap has announced the integration of Orbs’ flagship L3 protocol, Liquidity Hub. The addition of Orbs’ Liquidity Hub to SpookySwap will allow Fantom users to optimize their onchain trading while incentivizing liquidity providers.

The rollout of Liquidity Hub enables SpookySwap users to access deeper liquidity procured from a broad range of onchain protocols on Fantom. Powered by Orbs’ advanced L3 technology, the solution provides significant improvements in pricing, resulting in an enhanced user experience.

The expansion of Orbs Liquidity Hub to Fantom marks the technology’s fifth deployment on an EVM chain and is a milestone in providing SpookySwap users with greater control when executing token swaps. In addition to supporting more efficient pricing, Liquidity Hub protects against Maximal Extractable Value (MEV), enables gasless trades, and delivers enhanced capital efficiency within a streamlined user interface.

As a fully decentralized and interoperable protocol, Orbs Liquidity Hub allows DEXs to draw liquidity from a combination of on- and off-chain sources. This is achieved without incurring custodial risk or compromising on the permissionless design that is inherent to the value proposition of DeFi. SpookySwap users can now access these new features and benefits without incurring any additional costs.

Liquidity Hub operates as an L3 that forms an optimization layer above the AMM. It taps into external liquidity to deliver better price quotes, allowing trades to be executed with less slippage. As a result, traders can capture more value from every swap they make.

Liquidity Hub harnesses third-party solvers who compete to fill swaps with liquidity procured from AMM pools or their own private inventory. It also enables decentralized orders to be accessed via API, allowing institutional and professional traders such as market makers to submit bids and compete to fill swaps. If the layer cannot execute the trade at a better price than the AMM, the transaction will return to the AMM contract and execute as normal.

From a user perspective, Liquidity Hub maintains SpookySwap’s familiar user interface, ensuring a seamless and intuitive trading experience. Its introduction to Fantom follows similar integrations that include Quickswap on Polygon PoS and zkEVM, Thena on BNB Chain, and IntentX on Base, aggregating liquidity across multiple chains.

About SpookySwap

SpookySwap is an automated market-making (AMM) decentralized exchange (DEX) for Ethereum Virtual Machine (EVM) compatible networks. Different from other DEXs, Spookyswap invested in building a strong foundation with its BOO token as a governance token, diverse farms, a built in bridge, built in limit orders, and user-centered service.

Learn more:

About Orbs

Orbs is a layer-3 public blockchain infrastructure project powered by PoS, pioneering on-chain innovation since 2017. Orbs is a separate execution layer on top of L1/L2 chains and under the application layer as part of a tiered blockchain stack, enhancing the capabilities of smart contracts and powering protocols such as dLIMIT, dTWAP, and Liquidity Hub. The project’s core team comprises more than thirty dedicated contributors from Tel Aviv, London, New York, Tokyo, and Seoul.

Learn more:

Mattereum GmbH Launches Mattereum Airdrop Referral System (MARS) for MATR Token 10261

Having launched the MATR token via fully regulated exchange Swarm, Mattereum GmbH are pleased to announce the Mattereum Airdrop Referral System (MARS) that enables participants to be rewarded with MATR tokens when they refer new buyers.

Administered by Mattereum partner, the MARS programme comes with opportunities to unlock several multipliers

  • Sell more than 1000 MATR tokens to earn 10% in MATR as a reward
  • Sell more than 10,000 MATR tokens to earn 15% in MATR as a reward
  • Sell more than 20,000 MATR tokens to earn 20% in MATR as a reward

To earn MATR tokens from the MARS programme participants need to:

  • KYC with Mattereum GmbH’s fully regulated German crypto exchange partner, Swarm
  • Get their own referral link, available from 
  • Promote MATR to their friends through any channels they choose using the link, enabling them to reap the multiplier benefits.

The MATR token, with its huge potential for use in the RWA ecosystem, provides token holders with up to 50% discount when using Mattereum to deliver protected real world assets to buyers on the blockchain. These discounts are available in no other way.

MARS gives MATR token purchasers the opportunity to be part of a global community which will grow the world’s RWA ecosystem on chain and, if they wish, to list their own assets through Mattereum. Potential real world assets Mattereum can work with include gold bullion, real estate, fine art, and more, anything a customer chooses.

Vinay Gupta, Mattereum CEO said: “Mattereum will revolutionise RWA creation for the entire Ethereum space. The MATR token is a very straightforward proposition: it makes creating RWA tokens more competitive. None of this “If you don’t know where the yield comes from, it comes from you” nonsense. You use this token to get things done!

The MATR token has clear, simple, solid legals, like all Mattereum Group projects. It’s a discount token: it does not generate yield from work done by magic space elves.

The MATR token’s economic proposition is obvious: the bigger the asset, the more benefit for the token holder.

MATR works for projects, works for protocols, works for people. Anybody issuing assets should use Mattereum and MATR.

The Mattereum Airdrop Referral Programme (MARS) is simple: you can earn your own tokens by spreading the word to your network and the world.

The Real World Asset revolution will stay decentralized.”

MARS rewards participants with MATR tokens for referrals in an extremely attractive and simple way.

Uphold’s Topper Joins Forces with Coindisco, Streamlining Crypto Purchases for Users Globally 10011

This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets.

Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred crypto assets. This Topper integration ensures Coindisco users can enjoy seamless trading with multiple payment options, high transaction approval rates, and expedited transaction processing.

With a diverse range of over 200 digital assets and coverage in more than 140 countries, Topper manages know-your-customer, anti-money laundering, and financial risk controls, freeing brands to focus on delivering excellent products to their customers.

“This integration allows us to address the current pain points in web3 for mass adoption,” said Robin O’Connell, CEO of Uphold Enterprise. “We’re thrilled to work with Coindisco to further our goal: to offer an easy-to-implement web3 payment tool that lets crypto projects process more of their customers’ payments.”

With Topper, user onboarding is seamless, and compliance controls are handled completely by the Uphold team. Additionally, this Topper integration features:

  • The ability to effortlessly buy and transact 200+ digital assets using credit and debit cards, Apple Pay or Google Pay, encouraging new user’s participation in trading digital assets.
  • Higher approval ratings than competitors, roughly 60% internationally, which creates a smoother transaction process for users.
  • Reduced transaction processing times; typically, transactions that could take anywhere from an hour to even one week on other onramps are streamlined to just a minute or less using Topper.

Coindisco is supported by Ultra Stellar. Since 2014, Ultra Stellar has been shaping the future of money on the Stellar (XLM) network through LOBSTR, with a base of more than 2M lifetime users. Topper is expected to continue supporting Ultra Stellar as a trusted partner in the future and users can expect more to come.

“As we evolve into becoming the leading provider in managing your digital assets, through features such as curated data analytics, profiled payment methods and aggregating your best on/off-ramp quotes, Topper sets our Coindisco users up for success to be one of our several go-to solutions for navigating the dynamic world of cryptocurrencies,” said Dmitri Gmyza, Co-Founder & CEO of Coindisco. “We look forward to elevating Coindisco’s commitment and implementing the most intuitive, cost-effective, and convenient payment companion.”

To find out more, users can visit and check out the Coindisco app in Google Play or the App Store.

About Topper

Topper, the easy fiat on-ramp with higher approval rates, is an quick-to-implement web3 payment tool that lets crypto projects process more of their customers’ payments – supporting twice as many digital assets than its competitors. The Topper payment widget is built to simplify the payment process, accept more currencies and deliver higher approval rates, resulting in fewer declines and more revenue. Developed by Uphold, the web3 financial platform, Topper is a reliable, regulated and trusted payment system.

About Uphold

Named Uphold the Best Crypto Exchange in the UK by Forbes Advisor, Uphold is committed to making web3 easy. As a web3 financial platform, Uphold serves over 10 million customers in more than 140 countries. It provides businesses and consumers with easy access to digital assets and services. Uphold’s unique “Anything to Anything” interface gives end users seamless access to and between digital assets and national currencies and precious metals. Uniquely, Uphold smart routes orders across 30 trading venues delivering optimal execution and superior liquidity to customers. Uphold never loans out customer assets and is always 100% reserved. The company has pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (

Uphold is regulated in the U.S. by FinCen and State regulators; and is registered in the UK and Canada with the FCA and FINTRAC respectively and in Europe with the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold’s products and services, visit

About Coindisco

With over a decade worth of experiences building the finest user experience in web3 applications, Coindisco is well positioned to be your leading Crypto buying companion to manage all of your digital assets and compare leading payment providers, within a single app and at the touch of your fingertips.

Save your payment methods, fetch the most competitive rates and obtain curated payment insights with Coindisco, the best way to buy crypto.

To learn more about Coindisco, visit