Though the hackers raised $140,000 in bitcoin, a form of digital currency, so far they have not cashed it in, the analysts said. That is likely because an operational error has made the transactions easy to track, including by law enforcement. As a result, no online currency exchange will touch it, said Jake Williams, founder of Rendition Infosec, a cybersecurity firm. “This is like knowingly taking tainted bills fro…
I don't understand. Isn't the point of bitcoin that it doesn't need a central authority? If Bitcoin has evolved to the point where you need to have currency exchanges that act just like banks... what's the point?
The NSA has linked the WannaCry computer worm to North Korea
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Re: The NSA has linked the WannaCry computer worm to North Korea
#32Maybe I'm old fashioned but I take any hacking blame from gov to gov as likely propaganda.
Who exactly is pro-North Korea that the US is trying to sway ?
Re: The NSA has linked the WannaCry computer worm to North Korea
#33Though the hackers raised $140,000 in bitcoin, a form of digital currency, so far they have not cashed it in, the analysts said. That is likely because an operational error has made the transactions easy to track, including by law enforcement. As a result, no online currency exchange will touch it, said Jake Williams, founder of Rendition Infosec, a cybersecurity firm. “This is like knowingly taking tainted bills fro…
I don't understand. Isn't the point of bitcoin that it doesn't need a central authority? If Bitcoin has evolved to the point where you need to have currency exchanges that act just like banks... what's the point?
It's also public record where transactions travel on the blockchain, so if it was ever noted what address the funds entered, I imagine it could prove difficult to dilute the transactions enough that the ledger wouldn't be accepted as proof. But I'm just speculating on that last bit.
Re: The NSA has linked the WannaCry computer worm to North Korea
#34Though the hackers raised $140,000 in bitcoin, a form of digital currency, so far they have not cashed it in, the analysts said. That is likely because an operational error has made the transactions easy to track, including by law enforcement. As a result, no online currency exchange will touch it, said Jake Williams, founder of Rendition Infosec, a cybersecurity firm. “This is like knowingly taking tainted bills fro…
Re: The NSA has linked the WannaCry computer worm to North Korea
#35Though the hackers raised $140,000 in bitcoin, a form of digital currency, so far they have not cashed it in, the analysts said. That is likely because an operational error has made the transactions easy to track, including by law enforcement. As a result, no online currency exchange will touch it, said Jake Williams, founder of Rendition Infosec, a cybersecurity firm. “This is like knowingly taking tainted bills fro…
I don't understand. Isn't the point of bitcoin that it doesn't need a central authority? If Bitcoin has evolved to the point where you need to have currency exchanges that act just like banks... what's the point?
you can trade bitcoin to bitcoin just fine
Re: The NSA has linked the WannaCry computer worm to North Korea
#36Maybe I'm old fashioned but I take any hacking blame from gov to gov as likely propaganda.
Re: The NSA has linked the WannaCry computer worm to North Korea
#37Maybe I'm old fashioned but I take any hacking blame from gov to gov as likely propaganda.
The idea that the US needs to actively spread propaganda about North Korea is pretty ridiculous. You are aware that they have been sending missiles on a regular basis and inviting criticism from pretty much everyone. Who exactly is pro-North Korea that the US is trying to sway ?
Re: The NSA has linked the WannaCry computer worm to North Korea
#38OK, so I know this is going to come up in the comments, but this is not remotely a baseless allegation. The Lazarus group (one of the names for the DPRK-associated APT group) is somewhat well known and is quite sophisticated. This is the same group that hacked Sony a few years back. And to preempt people who are going to chime in with "Sony was just some insider leaking data" there is extensive evidence showing it wa…
Re: The NSA has linked the WannaCry computer worm to North Korea
#39Though the hackers raised $140,000 in bitcoin, a form of digital currency, so far they have not cashed it in, the analysts said. That is likely because an operational error has made the transactions easy to track, including by law enforcement. As a result, no online currency exchange will touch it, said Jake Williams, founder of Rendition Infosec, a cybersecurity firm. “This is like knowingly taking tainted bills fro…
I don't understand. Isn't the point of bitcoin that it doesn't need a central authority? If Bitcoin has evolved to the point where you need to have currency exchanges that act just like banks... what's the point?
The hackers can still spend the money on something else provided the other party doesn't hold themselves to the same standards.
Re: The NSA has linked the WannaCry computer worm to North Korea
#40Maybe I'm old fashioned but I take any hacking blame from gov to gov as likely propaganda.
The idea that the US needs to actively spread propaganda about North Korea is pretty ridiculous. You are aware that they have been sending missiles on a regular basis and inviting criticism from pretty much everyone. Who exactly is pro-North Korea that the US is trying to sway ?