Materials by tag Weapons

Aug 09, 2019 at 13:24
North Korea Hackers Stole Over $2 Bln from Cryptoasset Exchanges to Facilitate Nuclear Programs
Recent UN reports shows that North Korea (DPRK) has managed to amass around $2 billion for its weapons of mass destruction (WMD) activities via cyberattacks that illegally accessed people’s bank accounts and digital currency exchanges.
Jul 28, 2019 at 10:25
Russian Arms Producers Uses Bitcoin to Circumvent Sanctions
The Russian arms producer, Soyuzmash, seeks to bypass US sanctions using cryptocurrency. The Union of Machine Builders recently requested permission from the Central Bank of Russia to allow it accept payments in Bitcoin for all its activities related to weapons. They believe this will enable them doge the US and other existing international sanctions. Russia is the world’s second main exporter of arms, commanding 21% of the global market, following the US with around 36%.