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North Korean Hackers steal £1.76bn this year

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North Korean hackers stole this year  £1.76bn ($2.2bn) in Cryptocurrencies according to research firm Chainanalysis. Some theft appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, amid nearly doubling of the bitcoin prices, as incoming US president Donald Trump is expected to be more crypto-friendly. The majority of crypto stolen this year was due to compromised private keys- which are used to control access to users’ assets on crypto platforms. But the most significant incidents this year included the theft of the equivalent of $300m, in bitcoin from Japanese crypto … Continue reading North Korean Hackers steal £1.76bn this year

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Telegram reach 900 million users

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Pavel Durov, owner of Dubai-based Telegram, the secretive messaging app has over 900 million users, up from 500 million users in 2021 says  Telegram had grown to become one of the world’s most popular social media apps while making hundreds of millions of dollars in revenue after introducing advertising and premium services two years ago. The company is moving closer to a potential stock market listing. Russian-born founder Mr. Durov said “We are hoping to become profitable next year, if not this year”. The group had been offered $30bn-plus valuations from potential investors including global late stage tech funds but … Continue reading Telegram reach 900 million users