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2022 Team Favorites: How North Korea Became a Crypto Hacking Powerhouse

2022 Team Favorites: How North Korea Became a Crypto Hacking Powerhouse

FromBloomberg Crypto


2022 Team Favorites: How North Korea Became a Crypto Hacking Powerhouse

FromBloomberg Crypto

ratings:
Length:
19 minutes
Released:
Dec 29, 2022
Format:
Podcast episode

Description

In late July of 2022, allegations surfaced that some North Koreans were plagiarizing online resumes and tricking companies, including crypto companies, into hiring them. It's part of a broader effort to raise money for North Korea’s government weapons program. It could also help the authoritarian nation evade global sanctions. 
How did North Korea get so good at tricking crypto employers? And what does all of this mean for the security of crypto companies? 
Bloomberg reporter Jeff Stone joins this episode to explain. 
[This Episode originally published in Auguest, 2022]
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter See omnystudio.com/listener for privacy information.
Released:
Dec 29, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.