S.Korea confirms N.Korea stole 58 bil. won worth of cryptocurrency in 2019
South Korean police have confirmed that North Korean hackers were behind the theft of cryptocurrency worth 58 billion won, or about 41.5 million dollars, in 2019.
The National Police Agency announced on Thursday that state-sponsored North Korean hacking groups were involved in the theft of Ethereum tokens from a cryptocurrency exchange in South Korea in November 2019.
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Read MoreThe Burst
Is Crypto Dead?
Is crypto dead? This question has been on the minds of many investors in recent months, with the leading cryptocurrency, Bitcoin, down over 50% in the last year and the entire market losing $2 trillion in value.
With cryptocurrency being one of the most polarizing topics in economics today, there are countless opinions on whether this crash signals the end of crypto or it is a market correction that was inevitable before the next bull market comes running.
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Read MoreThe Ivy
Market Commentary: MAJOR Trend Change In T – 3, 2, 1…
In today’s market, flows are key. One market analyst, Cem Karsan, related flows and fundamentals with the following analogy. He says that flows are like the wind, which can push a plane in any direction, while fundamentals are like the engine, which determines the plane’s long-term direction.
In the context of trading, flows are the money that is flowing into or out of a particular market.
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