One thing I have come to appreciate is that cryptocurrency isn’t really very good at its killer use case: crime. Today’s example comes from North Korea, where the regime’s war chest of stolen cryptocurrency is suddenly worth a lot less than it used to be.
Here’s an exceptionally funny sentence from Reuters:
Old, unlaundered North Korean crypto holdings monitored by the New York-based blockchain analytics firm Chainalysis, which include funds stolen in 49 hacks from 2017 to 2021,…
