An undercover North Korean developer collected stablecoin salary payments biweekly between late 2022 and early 2023 before converting them to Ethereum and routing them to consolidation addresses

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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Ethereum

The largest smart-contract blockchain and its native asset ETH, covering protocol upgrades, staking, fee economics and institutional adoption.

618 claims·174 news stories