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Virtual Battleground: State-Sponsored Cyber-Attacks Redefine Modern Warfare
While globally respected CEO’s like Jack Dorsey of Twitter predict that Bitcoin will become the next global currency, it’s clear that we have a way to go before it becomes a trusted vehicle of exchange. This message was brought home clearly earlier this year in Asia when on February 6, the South Korean Intelligence Agency reported to the Parliamentary Intelligence Committee that it deemed North Korea responsible for the hacking of the Japanese Bitcoin exchange centre. According to the report, approximately US$500 million worth of cryptocurrency evaporated into thin air. The Agency further noted that it considered Pyongyang to be behind the hacking of at least two cryptocurrency exchange centres in Seoul, which caused tens of billions of Korean won's worth of damage. If the Agency’s claims are true, then North Korea could be responsible for the biggest cryptocurrency heist yet.
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