Another historical event happened this year 2018. North and South Korea ended its 65 years Korean War. I am curious on how it will affect bitcoin. I read that South Korea accused North Korea for hacking their exchanges from 2013 to 2015. See below filtered important details:
North and South Korea vow to end the Korean War in historic accord:
The leaders of North and South Korea have committed themselves to the complete denuclearization of the Korean Peninsula and pledged to bring a formal end to the Korean War, 65 years after hostilities ceased.
Then, the two leaders left their officials behind and struck out side by side through the DMZ to a footbridge that was recently repainted the same blue used on the Korean Unification Flag. Unexpectedly, they talked for 30 minutes, without anyone taking notes and with cameras at a distance. The contents of the conversation have not been disclosed.
"Seeing Kim Jong Un live, chatting easily with their president, will no doubt have been jolt to South Koreans and remind them that the North Koreans are the same people in many ways, in language and shared history if not their political or economic structure."
Near the DMZ Thursday, 51 people from the Korean War Veterans Revisit Korea Program had gathered to remember their relatives lost in that conflict and support peace and reunification.
"My father Karle Seydel was killed December 7, 1950 in the Chosun reservoir," Ruth Hebert, who was from San Diego in California, told CNN. His body is believed to be still somewhere inside North Korea.
Hebert said she had spoken with South Koreans who had lost family members in the war and been separated from relatives by the partitioning of the Peninsula.
"We hope and pray that ... this starts to really change," she added. "There's a hope with Japan, with Korea, with the Americans to recover remains. There may be a few (prisoners of war) alive but mostly now it's down to remains."
A formal end to the war will involve more than just the Koreas. Both China and the US, under the flag of the United Nations, were massively involved in the conflict, and would have to be signatories to an eventual peace treaty.
Source:
https://edition.cnn.com/2018/04/27/asia/korean-summit-intl/index.htmlNorth Korea Accused of Hacking South Korean Exchanges:
North Korea, a nation that has previously been accused of mining bitcoin in order to flout sanctions, is suspected to have hacked a number of bitcoin exchanges in South Korea. The country allegedly stole “100 million won ($88,100) in bitcoin from 2013 to 2015 as part of its efforts to increase the country’s hard currency,” according to reports.
A Silicon Angle article quoted the police as stating that “the hackers sent 10 emails to 25 workers each at four different bitcoin exchanges, disguising themselves as officials from South Korean public institutions such as the police, prosecution, Seoul city government or Financial Security Institute.”
The police stated that the attack methodology was a “spear phishing” attack. North Korean hackers pretended to be government authorities and servicemen. A story published by Silicon Angle states that the hackers targeted exchange workers by sending them emails loaded with malware.
One intelligence firm, Record Future, has published Google-backed data providing analysis of North Korean internet activity. The data suggests that North Korea began conducting bitcoin mining on May 17. If this is true, and North Korea has also conducted hacking attacks on exchanges, it could mean North Korea is attempting to weaponize bitcoin.
Source:
https://news.bitcoin.com/north-korean-hackers-accused-of-hacking-south-korean-exchanges/Now that the conflict in Korean Peninsula has ended. What will be the future of bitcoin in the Peninsula? Will the Korean Peninsula hold the highest rank in the Cryptoworld? What are your thoughts? Peace.
