N Korea Stoops to Stealing Bitcoin in Response to Sanctions
They have already been stealing progressively over the past 2 years and according to FireEye are now targeting South Korean cryptocurrency exchanges with intent to steal more. Imagine that with sanctions in place, stealing ‘digital money’ will become a significant source of income for this country.
JP Morgan CEO Jamie Dimon today compared the cryptocurrency activity to the likes of the tulip bubble. I agree with that analogy and in fact feel the exact same way.