North Korea Surprises the World by Climbing to Fourth in Bitcoin Holdings

Coin-Turk 1 month ago 137

North Korea has risen to the fourth position globally in Bitcoin $83,065 holdings, surpassing Bhutan and El Salvador. According to data from Arkham Intelligence, the Lazarus Group, associated with North Korea, currently possesses 13,518 Bitcoins, valued in the billions of dollars. Former Binance CEO Changpeng Zhao’s statements have fueled discussions regarding North Korea’s new strategy in the cryptocurrency market.

North Korea’s Bitcoin Strategy

North Korea has effectively positioned itself in the global market by converting funds obtained through cyberattacks into Bitcoin. The Lazarus Group is known to have been involved in numerous high-profile cyber attacks in the past. Expert...

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