The US Treasury has sanctioned eight North Korean nationals and two companies accused of helping Pyongyang launder funds from crypto theft and fraudulent IT work to support its nuclear weapons programme. The Office of Foreign Assets Control, which is part of the Treasury, said in a statement today that the North Korean network — spanning China, Russia, and North Korea — involved state bankers, cybercriminals, and IT workers who helped move illicit revenue through international financial channels. North K ...

Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: SwissBorg’s SOL Earn Wallet Exploited for $41.5M After Partner's API Is Compromised Ledger CTO Warns of NPM Supply-Chain Attack Hitting 1B+ Downloads Backpack Opens Regulated Perpetuals Exchange in Europe After FTX EU Acquisition Polygon PoS Sees Transaction Finality Lag, Patch in Progress Unknown block type "divider", spec ...