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Comments (88)
- gradus_adCrypto enthusiasts misunderstand what a financial system/financial architecture is. It is not the fiat currencies themselves, but rather the power architecture that controls and oversees value and exchange in whatever form it takes. Crypto has been entirely subsumed into this architecture through the exchanges which are obviously beholden to the holders of real power, i.e. governments.This is to say, the stated goal and the target of the crypto enthusiasts are misaligned. To transcend the institutions represented by the fiat system requires far more than creating some alternative "currency", rather it requires creating an entirely new power structure.
- jstummbilligMan, if only there existed some central societal body with the authority to essentially freeze accounts and unwind a transaction like this. What a security feature that would be.
- sandeepkdAt this point it feels like they have made it a /dev/null for things which are not easy to resolve and one is still on the hook to provide some answers
- ano-therHere is the underlying report from TRM: https://www.trmlabs.com/resources/blog/north-korea-steals-us...
- ilamontA question: how come the North Koreans aren't draining banks in the U.S. and other countries of cash using equally sophisticated exploits against known technical and human vulnerabilities?
- _HMCB_How can they be brought to justice, as stated, if they’re state sponsored? And how do members get their crypto back? There’s 6+ billion in insurance to back what was stolen?
- asftqI didn't know there were Effective Altruists in North Korea. Will they do AI data centers next to increase NK's popularity?
- ratCola2001#beastmode
- gskyIt makes no semse. Since Binance is Chinese company North Korea would not dare to attack it
- pasquinellinow if they weren't sanctioned they would've had no reason to do this. classic case of perverse incentives.
- ChrisArchitect[dupe] Earlier: https://news.ycombinator.com/item?id=50300853
- nusooneGlad binance is posting updates directly on X so we don’t have to read propaganda