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North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)

submitted 5 months ago by Domino@lemmings.world to c/world@quokk.au

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The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

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[–] Rentlar@lemmy.ca 17 points 5 months ago* (last edited 5 months ago) (2 children)

I have never really understood exchanges tbh. Centralizing decentralized currency feels like getting the downsides of normal money/investments with fewer of the benefits.

[–] PokerChips@programming.dev 4 points 5 months ago

It's so the lambs can pretend to own "stock" in crypto therefore defeating the whole purpose of cryptocurrencies. And then it gets shorted and margined and bulshitted..