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North Korea Slams Provocative Nuclear War Drill: US-South Korean Military Exercises Escalate Tensions

by admin | Mar 24, 2025 | military, news, north korea, north korea south korea relations, nuclear warfare

Seoul [South Korea], March 24 (ANI): On Monday, North Korea denounced the yearly combined military exercises conducted by the United States and South Korea, labeling them as “premeditated and confrontational.”
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war rehearsal.”

North Korea stated that it will keep enhancing its capability to counteract any threats from adversaries, according to reports citing the state-controlled Korean Central News Agency (KCNA) by South Korea’s Yonhap news agency.

The North Korean Foreign Ministry’s Disarmament and Peace Institute released the criticism following the conclusion of South Korea and the United States’ 11-day joint “Freedom Shield Exercise” on Thursday.

North Korea stated that the hostile and provocative character of this year’s exercises reached an all-time high, as reported by KCNA.

At the start of this month, North Korea launched unspecified ballistic missiles. The country’s state media outlet, Pyongyang, issued successive statements criticizing the recent combined exercises conducted by Washington and Seoul. They warned that both Seoul and Washington would face a “terrible” consequence for engaging in what they described as a “risky provocation.”

Early last month, North Korea test-fired strategic cruise missiles into the sea along its western coastline as a show of force for their missile capabilities.
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Deterrence was highlighted by local media reports, which also noted that their leader, Kim Jong-un, urged for comprehensive readiness for war within the nation.
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strengths and preparedness for employing them.

The UN Security Council has enacted several resolutions imposing sanctions on North Korea due to its unlawful missile activities.
nuclear
programs since 2006.

On March 22, Yonhap News Agency reported that North Korea’s leader, Kim Jong-un, expressed his continued commitment to backing Russia’s military actions in Ukraine during a discussion with a high-ranking Russian security officer.

Kim had “significant and beneficial” talks with Russian Security Council Secretary Sergei Shoigu in Pyongyang the day before. During the discussion, they covered various topics concerning the defense of each country’s security interests along with broader regional and international matters, reaffirming their agreement on these points. (ANI)

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Syndigate.info
).

North Korea’s Alleged Bitcoin Holdings Overtake Tesla’s

by admin | Mar 24, 2025 | bitcoin, cryptocurrency, investing company news, money, north korea

According to recent cryptocurrency data, North Korea’s alleged Bitcoin holdings—which are said to have been acquired via cyberattacks carried out by government-backed hacking units—are now greater than those owned by Tesla.

On March 23rd (local time), CoinDesk reported, referencing blockchain analytics company Arkham Intelligence, that the Lazarus Group—a cybercrime unit allegedly linked to North Korea—currently holds around 13,441 bitcoins. These assets are estimated to be worth roughly $1.14 billion, equivalent to about 1.67 trillion Korean won.

In contrast, under CEO Elon Musk, Tesla owns 11,509 bitcoins, which makes North Korea’s holdings about 16% bigger. Tesla ranks as the fourth-largest holder of bitcoins among public companies globally.

North Korea’s increase in Bitcoin holdings seems connected to the recent breach at Bybit, one of the biggest global crypto trading platforms. This incident occurred on February 21st, leading to the loss of around $1.46 billion (approximately 2.1 trillion won) worth of digital assets. It is believed that the cyberattack may have been carried out by the Lazarus Group.

Although the majority of the pilfered funds were denominated in Ethereum, it is suspected that North Korea quickly transformed a substantial part of these assets into Bitcoin following the security breach.

The report was issued shortly after U.S. President Donald Trump restated his commitment earlier in the week to position the United States as a dominant force globally and at the forefront of cryptocurrencies. As reported by CoinDesk, there has been an increasing focus on understanding potential reactions from North Korea’s cyber activities amidst these evolving geostrategic and digital monetary dynamics.

The U.S. government presently possesses 198,109 bitcoins, which are valued at over $16 billion (approximately 23 trillion won), having been confiscated during multiple money-laundering probes. It is said that Trump is considering developing a cryptocurrency reserve plan focused on these holdings.