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first_img North Korea uses IT employees from third countries to infiltrate American companies, paying interview assistants with cryptocurrency

According to NBC, North Korea is utilizing remote IT workers from third countries such as Iran and Lebanon to assist in infiltrating American companies and obtaining funds to finance its weapons programs. Alerts issued by the U.S. and several foreign agencies in July indicated that North Korean IT workers "seek to sign contracts with the intention of remitting salaries back to relevant North Korean agencies," while also posing internal threats to companies, involving data leaks, cryptocurrency theft, and sensitive information theft.As governments like the United States increase countermeasures, North Korea is increasingly leveraging third-country IT workers to secure job interviews, and after obtaining work contracts, the relevant positions are typically taken over by North Korean agents. Reports indicate that these foreign IT workers are scouted on LinkedIn, with some earning about $500 per month in cryptocurrency to work part-time as "interview assistants."Cointelegraph reported in May, citing data from cybersecurity company CrowdStrike, that state-affiliated North Korean hackers and threat actors caused cryptocurrency losses exceeding $2 billion in 2025, a 51% increase year-on-year. The Bank of Korea estimates that despite facing global sanctions, North Korea's GDP will still grow by 3.5% in 2025.

first_img Glassnode: Bitcoin rose 23% on the 21st, with resistance between $83,000 and $86,000

On-chain analysis platform Glassnode released a report stating that Bitcoin has risen 23% over the past 21 trading days, while the S&P 500 and Nasdaq 100 remained flat during the same period, but are still down 10% year-to-date. The cost basis of long-term holders, the futures liquidation map, and the breakeven point for the U.S. spot ETF all indicate upper resistance between $83,000 and $86,000, with the highest spot price approximately 1.5% below the bottom of that range, followed by a narrow consolidation below $80,000.Approximately 1.07 million Bitcoins were purchased by long-term holders in the $83,000 to $86,000 range, with the heaviest positions close to $85,000, and this block has remained nearly unchanged for the past 30 days. The selling pressure at the high point of the range is calculated at 7 basis points per day based on the selling risk ratio, which is less than half of August's peak of 16 basis points, and the profit realization ratio for long-term holders has dropped from 88% in August to 47%. The breakeven point for the U.S. spot ETF since its launch has been around $86,000, with the paper loss narrowing to approximately $3.9 billion.U.S. core inflation has fallen to a two-year low of 2.5%, with inflation expectations at 3.6%, marking the widest gap in three years; the 10-year U.S. Treasury yield closed at 4.8%, near a two-year high. The derivatives liquidation heatmap shows that the short liquidation shelf between $82,000 and $86,000 has increased by 21% since the squeeze on August 19.

first_img Cosmos announced the launch of the Partner Network to assist financial institutions in tokenization

According to PR Newswire, Cosmos announced the launch of the Cosmos Partner Network, uniting multiple industry service providers to assist global financial institutions in advancing digital asset-related businesses through the Cosmos Tokenization Suite and digital ledger solutions.The suite offers capabilities such as 24/7 payment settlement and fund management for banks and credit unions, and supports scenarios like programmable custody, programmable trade finance, and agency commerce. Cosmos provides tokenization and ledger platforms, while partners offer integrated services such as KYC/KYB, custody, and compliance monitoring.Cosmos Co-CEO Maghnus Mareneck stated that financial institutions understand the potential of tokenization but struggle to transition from pilot projects to high-quality real customer experiences. This network brings together relevant professional institutions to reduce the complexity of individually connecting with vendors.The first batch of the network includes 17 participants, including Anseta, Balance, BCW Group, BitGo, Blockchain.com, Blockdaemon, Coinbax, DFNS, Galaxy Digital, Hypernative, InfStones, OpenZeppelin, Peersyst Technology, Silence Laboratories, Ubyx, Utila, and Zeeve.Partners will have access to connection opportunities across Cosmos public and private networks and can participate in use cases such as tokenized deposits that Cosmos is promoting. Cosmos plans to continue expanding the network.
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