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North Korea funding programmes through crypto hacks

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North Korea has been coordinating large-scale crypto hacking operations in a bid to fund its missile programmes

Estimates suggest the nation has stolen more than $50 million of digital assets between 2020 and mid-2021, with the attacks serving as an important revenue source for the rogue nation.

The findings were provided to the United Nation’s sanctions committee, with reports the attackers targeted crypto platforms in North America, Europe and Asia.

These recent reports follow allegations the country also accumulated a wealth of over 2 billion dollars for its weapons programmes in 2019 by using similar tactics.

There has been a notable acceleration in the number of missile tests conducted by North Korea in recent months, despite such tests being banned by the UN’s Security Council.

The US say that North Korea – formally known as the Democratic People’s Republic of Korea (DPRK) conducted nine missile tests last month, even though the UN previously imposed strict and wide-ranging sanctions on the country in an attempt to deter such activities.

“DPRK demonstrated increased capabilities for rapid deployment, wide mobility (including at sea), and improved resilience of its missile forces,” 

sanction monitors say.

These sanctions have so-far failed to prevent PYONG-YANG from developing its missile infrastructure.

Both China and Russia refused to sign a statement on Friday condemning the rapid increases of North Korea’s missile launches.

The US announced that later this week its special representative for North Korea would meet with Japanese and South Korean officials to discuss the situation.

Also written by Savannah Pocock

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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