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January 25, 2026
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NULS – Taking Neo’s place as the Chinese government’s favourite enterprise blockchain?

Nuls - taking neo's place as the chinese government's favourite enterprise blockchain?

NULS – Taking Neo’s place as the Chinese government’s favourite enterprise blockchain?

Nuls - taking neo's place as the chinese government's favourite enterprise blockchain?I am not a financial adviser, this is not financial advice.

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BTC – 1PzEs5Azbe692H4ehYkGqAiN1SCgnnFEEd
ETH – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
ERC20 tokens not on the list – 0x8902541DEb0AE3D4db79A73770B1eF470Ae4B6E5
NEO – AQZ1Ah9nYDRTYm8eub45WtYRaHBp1ncNEM

BCH – qzsn742tlwav9uwtesu3me82vhvhgma7dslxlvzxyr
DASH – Xy165hdszpxnywX6GSUGd6VessQXZLj1hp
LTC – LcEKXvZzSHGp5grbwaX1Kg6mdD83H5ir3B
VTC – VqGGzLPddTgS3AZTJbYhAcpFMNCpw5eZ82

DRGN – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
KNC – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
BAT : 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
OMG – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
RHOC – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5
SNT – 0x547809fEC25122Bef6cB627F7c00d84b96dd12E5

NULS Coinmarketcap – https://coinmarketcap.com/currencies/nuls/
NULS official site – https://nuls.io/
NULS white paper – https://nuls.io/pdf/NulsWhitepaper1.1.pdf
NULS Subreddit – https://www.reddit.com/r/nulsservice/
NULS GitHub – https://github.com/nuls-io/nuls
The Merkle, NULS simple explainer – https://themerkle.com/what-is-nuls/
Medium, Avecedii, undervalued crypto coin https://medium.com/@edieusdiaradan/nuls-the-undervalued-crypto-coin-7989d5b4eb3f
Medium, Avecedii, Bitshares partnership – https://medium.com/@edieusdiaradan/nulss-strategic-partnership-with-bitshares-c7dff7721742
Medium, Avecedii, proof of credit – https://medium.com/@edieusdiaradan/proof-of-credit-a-novel-consensus-mechanism-by-nuls-7863373cb321
Medium, Avecedii, modular blockchain – https://medium.com/@edieusdiaradan/3-things-you-need-to-know-about-nuls-1-modular-blockchain-1b79e3473754
Wikipedia, Chongqing – https://en.wikipedia.org/wiki/Chongqing
Medium, Avecedii, Chongqing – https://medium.com/@edieusdiaradan/3-things-you-need-to-know-about-nuls-3-5b079f340de0
8BTC, Chinese government identifies Chongqing as a blockchain hotspot – http://news.8btc.com/summary-of-government-documents-supporting-blockchain-development-in-china2017
Medium, Graham Periche, Proof of Credit – https://medium.com/@grahamperich/the-nuls-proof-of-credit-consensus-mechanism-3b882c782e75
NULS Singapore meetup – https://www.meetup.com/NULS-Singapore-Meetup-group/events/248503216/?_cookie-check=jaShJo1HrhMq_lmM

Steemit, Inchain explainer – https://steemit.com/inchain/@inchain/inchain-commercial-white-paper
China Baby food – https://www.theguardian.com/world/2008/dec/02/china

Average Crypto Joe blog, NULS technical analysis – http://www.averagecryptojoe.com/nuls-a-small-platform-with-great-potential-basic-technical-analysis-and-commentary/
Reddit, YouJun, former BTC code contributor, talks about the benefits of NULS (translation in comments) – https://www.reddit.com/r/nulsservice/comments/837459/youjun_former_code_contributor_to_the_btc/

Dragonchain Coinmarketcap – https://coinmarketcap.com/currencies/dragonchain/
Neblio Coinmarketcap – https://coinmarketcap.com/currencies/neblio/
Komodo coinmarketcap – https://coinmarketcap.com/currencies/komodo/

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Inner Ocean Records – https://www.inneroceanrecords.com/

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North Korea Behind Recent YouBit Hack?

Cybercrime experts are attributing the most recent bitcoin heist to North Korea. The Wall Street Journal report that the South Korean cryptocurrency exchange YouBit is the latest victim of a malicious hacking, and that their northern neighbours are to blame. YouBit have been forced to declare themselves bankrupt after 17 percent of their digital assets were stolen. They are allowing customers to immediately withdraw three quarters of the funds in their accounts. The remaining sums will be paid out following the liquidation of the exchange.

The allegations come just one day after the US laid the blame for the WannaCry cryptographic worm attack on North Korea. ARS Technica report that White House National Security Adviser Tom Bossert stated yesterday:

“We do not make this allegation lightly. It is based on evidence. We are not alone with our findings, either. Other governments and private companies agree. The United Kingdom attributes the attack to North Korea, and Microsoft traced the attack to cyber affiliates of the North Korean government.”

The WannaCry ransomware attack targeted users of the Windows operating system this Spring. It’s estimated to have infected over 300,000 computers across the globe. Computers and their contents were frozen and a demand of bitcoin was then made to those affected.

These examples are not the first time that the communist dictatorship of North Korea have been implicated in such heists. Just this year, three additional attacks have been made against South Korean exchanges that are being blamed on operatives working under Kim Jong Un. The largest of which was on Yapizon, YouBit’s predecessor. They were compromised back in April. This digital heist saw even larger sums of cryptocurrency lifted.

A report issued back in September by cyber security firm FireEye acknowledged the motive behind North Korea’s interest in digital currency. The fact that cryptocurrencies offer permission-less movement of funds across the planet makes them ideal for the purpose of laundering money and evading sanctions. Hackers can then use coin tumbling services to “clean” funds. Alternatively, they can exchange bitcoin involved in a hack for a much less traceable currency like the anonymity coin Monero. It’s believed that this is what occurred following the WannaCry outbreak.

For a country trying to fight off aggressive international sanctions and continue their militarisation, cryptocurrency seems to present an obvious solution to traditional financial channels being closed off to them. ARS Technica estimate that some $16 billion have been lifted by North Korea to finance their foreign policy objectives. Whilst this is pittance when compared with the over $612 billion market cap of all of cryptocurrency, for a nation that are currently in the midst of economic strangulation, it’s certainly worth going after.

 

Image: PixaBay

 

 

 

The post North Korea Behind Recent YouBit Hack? appeared first on NEWSBTC.

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