US leads the fight against North Korea crypto hacking expertise
Welcome back,
North Korea has stolen nearly $5 billion through crypto hacks to date. It’s a staggering number—boosted by a single $1.5 billion heist earlier this year—and there’s very little that can be done to prevent future attacks beyond companies wising up and investing in better security.
On the plus side, it takes time for North Korea to turn its digital loot into usable money, and this week we look at how the US and others are trying to make that process even harder.
We also dive into China’s upcoming chip IPOs and why TikTok’s future in the US is still murky.
Have a great Monday—see you in the next edition.
Best,
Jon
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