#CryptoCorner: North Korea Has Accumulated $670 Million in Crypto through Cyberattacks, SFOX Report Finds that Bitcoin Trading Volumes at “highest level since January 2018

#CryptoCorner: North Korea Has Accumulated $670 Million in Crypto through Cyberattacks, SFOX Report Finds that Bitcoin Trading Volumes at “highest level since January 2018

Point Roberts WA, Delta BC,  March 8, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Subscribe to Podcast RSS feed:

North Korea Has Accumulated $670 Million in Crypto Through Cyberattacks, SFOX Report Finds that Bitcoin Trading Volumes at “highest level since January 2018”, Quantstamp Expanding to Japan After “Significant Investment” from Nomura Holdings and Connecticut to Legalize Blockchain-Based Smart Contracts

Nikkei Asian Review reports that North Korea has accumulated about $670 million worth of cryptocurrencies through cyberattacks and theft. This is according to a panel of experts reporting to the U.N. Security Council. The spate of cyberattacks is believed to be a response to the various sanctions imposed on North Korea from the global community over their nuclear missile testing. The piece quotes a U.N. panel, who said virtual currencies:

“provide the Democratic People's Republic of Korea with more ways to evade sanctions, given that they are harder to trace, can be laundered many times and are independent from government regulation."

Crypto prime dealer SFOX published their Crypto Volatility Report via Medium yesterday. A significant finding from the report is that transactions on the Bitcoin (BTC) network were at the highest level since January 2018. A summary from the report lists the following highlights:
     The SFOX Multi-Factor Market Index remains at mildly bullish entering March 2019.
     LTC’s jump in volatility on February 8th and 9th suggests that the market is still keenly interested in privacy technology.
     Crypto volatility in February reaffirmed market interest in privacy and ETFs, and challenged market interest in J.P. Morgan’s new cryptocurrency.
     Watch Asia Crypto Week and BTC futures expirations to potentially impact crypto volatility in March.

U.S. smart contract security company Quantstamp is expanding to Japan, according to a recent announcement. This follows “significant investment” from Japanese financial holding company Nomura Holdings and venture company Digital Garage. Chuzaburo Yagi, Senior Managing Director in charge of Innovations at Nomura Holdings, Inc., commented:

“As blockchain technology is adopted in the financial world, smart contracts will play an increasingly important role. Security assurances through auditing and certification will become increasingly indispensable. I believe Quantstamp is well positioned to support this role as they work to secure smart contract technology.”

The U.S. state of Connecticut has moved to legalize the use of blockchain-based smart contracts with the filing of a new bill. A section of the bill reads:

No contract relating to a transaction shall be denied legal effect, validity or enforceability solely because such contract is executed through a smart contract.

Sam Mowers, Investorideas

Read other editions of the 
Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/

Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)

GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this  newsletter  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com