North Korean hackers ‘are mining Bitcoin rival’ to raise funds for regime amid biting sanctions

North Korean hackers appear to have found a way to mine a rival crypto-currency to Bitcoin, potentially allowing the regime to cash in on booming virtual cash and avoid swinging sanctions that are crippling its economy, according to a cyber-security company.

Cyber-security firm AlienVault has identified malignant code that can be concealed in software on a host computer and is being used to mine the virtual currency Moreno before sending it to a North Korean university.

The application was released on December 24 and takes advantage of unsuspecting host computers anywhere in the world to obtain Monero.

Click Here: cheap all stars rugby jersey

California-based AlienVault has been able to track the virtual funds and determined that they…

To continue reading this article

Start a 30-day free trial for unlimited access to Premium articles

  • Unlimited access to Premium articles 
  • Subscriber-only events and experiences
  • Cancel any time

Free for 30 days

then only £2 per week

Try Premium

Save 25% with an annual subscription

Just £75 per year


Save now

Register for free and access one Premium article per week


Only subscribers have unlimited access to Premium articles.Register for free to continue reading this article
RegisterOr unlock all Premium articles.
Free for 30 days, then just £1 per week
Start trial
Save 40% when you pay annually.
View all subscription options  |
Already have an account? Login


Print subscriber? Click here

0 thoughts on “North Korean hackers ‘are mining Bitcoin rival’ to raise funds for regime amid biting sanctions”

Leave a Reply

Your email address will not be published. Required fields are marked *