Banned GPUs Help North Korea Expand Crypto Heists
Analysis
Price Impact
MedThe news highlights north korea's enhanced capabilities in cryptocurrency theft using banned nvidia gpus and ai. while not tied to a specific coin, increased successful hacks could lead to widespread negative sentiment, impacting the perceived security and value across the entire crypto market.
Trustworthiness
HighThe report is from u.today, citing the chosun ilbo, a reputable korean newspaper, and referencing known state-sponsored hacking groups like lazarus. the use of ai in cyber warfare and crypto theft is a well-documented and growing concern.
Price Direction
BearishThe advancement of ai-powered hacking techniques by state-sponsored entities like north korea's lazarus group increases the risk of large-scale crypto thefts. this heightened security threat could lead to a decrease in investor confidence, potentially driving a bearish sentiment as market participants become more cautious about security vulnerabilities.
Time Effect
LongThe development and deployment of advanced ai tools for hacking represent a fundamental shift in the cyber threat landscape. this isn't a one-off event but an ongoing, evolving threat that will persistently challenge the security of the cryptocurrency ecosystem, impacting investor sentiment and security protocols over the long term.
Original Article:
Article Content:
Cover image via www.freepik.com Read U.TODAY on Google News According to a recent report by The Chosun Ilbo, North Korea is using banned NVIDIA graphics cards (specifically GeForce RTX 2700) to advance its artificial intelligence (AI) research. Advertisement The GPUs are being used for such operations as cryptocurrency theft, deepfakes, and surveillance. This is alarming because these GPUs are subject to U.S. export controls and are restricted from going to North Korea. HOT Stories Banned GPUs Help North Korea Expand Crypto Heists How Low Will Bitcoin Price Drop in 2025? Crypto Market Prediction: Can Ethereum Surge Toward $3,500 as Momentum Rebuilds? XRP's Bullish Reversal Targets $2, Dogecoin (DOGE) Eyes Fresh Upside Push Early Uber Investor Urges Tether to Sell Its Bitcoin Holdings NVIDIA GPUs, like the GeForce RTX 2700, are banned for export to countries like North Korea mainly due to national security and sanctions reasons since GPUs are considered "dual-use" technology that is artificial intelligence (AI) research, cryptography, and so on. Advertisement Despite sanctions, Pyongyang has been steadily building AI capabilities for decades. North Korea is not using the highest-end AI models, but even mid-level GPUs allow substantial computational power for: North Korea's crypto thefts North Korea began showing serious interest in cryptocurrency around 2017. Crypto thefts help it to bypass international sanctions and generate untraceable revenue. The country is believed to have targeted cryptocurrency exchanges using hackers trained by state-sponsored units. Lazarus Group is the most notable one. It is believed to be linked to the Reconnaissance General Bureau (North Korea’s military intelligence). With AI, crypto theft can be scaled up. According to a 2025 report, North Korea–linked hacking teams are now using advanced AI tools to scan codebases, detect vulnerabilities in smart contracts, and so on. Hackers have created fake recruiter profiles, often using AI to generate convincing identities or messages. #Nvidia News