Autor Cointelegraph by Michael Millard

North Korea using foreign talent to help infiltrate US companies: Report

North Korea (DPRK) is now using remote workers from third countries, including Iran and Lebanon, to aid its efforts to infiltrate US companies and obtain money to fund its weapons programs, NBC reported on Friday.An alert issued in July by the US government and several foreign agencies said North Korean IT workers “seek out contracts with the intent of remitting their salaries to their parent North Korean agencies. They also pose an insider threat to companies and are involved in data exfiltration, cryptocurrency theft, and theft of sensitive information.”As the US and other governments have moved to counter North Korea’s efforts, the DPRK has turned increasingly to third-country IT workers to pass job interviews, the report said. After work contracts are obtained, the positions are usually taken over by North Korean operatives.NBC reported that foreign IT workers had been scouted on LinkedIn, with some offered $500 monthly in cryptocurrency to work part-time as “interview associates.”Related: Consensys unknowingly outsourced developer work to North KoreanThe DPRK’s increasingly sophisticated tactics may be meeting with some success.Cointelegraph reported in May, citing cybersecurity company CrowdStrike, that North Korean state-affiliated hackers and threat actors were responsible for more than $2 billion in crypto losses in 2025, a 51% year-on-year increase.The Bank of Korea estimates North Korea’s GDP increased 3.5% in 2025 in spite of global sanctions.Magazine: Bitcoin adoption metrics say one thing, price action says anotherCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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Farage’s Reform UK gets biggest donation ever from crypto billionaire: Reports

Ben Delo, a British crypto billionaire, gave 36 million pounds ($49 million) to Nigel Farage’s Reform UK in the biggest donation ever made to a British political party, the DPA and other media reported on Saturday.Delo, who co-founded the BitMEX cryptocurrency exchange, said he had given the money to ensure a “fair fight” at the polls.Farage said: “I am honored and humbled that Ben Delo has shown such confidence in Reform. … Ben knows that we are the only party that can turn the country around and reverse Britain’s decline.”Delo was previously the second-biggest donor to Reform UK behind billionaire Christopher Harborne, who gave 9 million pounds to the party last August.Cointelegraph reported last month that Farage was under investigation after receiving millions of dollars’ worth of donations and gifts from two figures tied to the crypto industry: Harborne and George Cottrell.Related: UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandalThe UK lawmaker resigned his position as a member of Parliament in July amid the crypto scandal, triggering a controversial by-election that Farage won with 63% of the vote, ahead of satirical candidate Count Binface.The contributions tied to the crypto industry have raised questions from many lawmakers about the influence of digital assets on UK politics.In July, Labour MPs were reportedly considering that a moratorium on crypto donations announced in March, pending legislation, be made permanent in response to what Farage called “gifts” from Harborne and Cottrell.The Telegraph newspaper said the 36 million pound donation represented 1 million pounds each month until a general election in 2029, but Delo made the entire payment up front to prevent it from being blocked.Cointelegraph previously reported that Delo was one of three BitMEX co-founders who pleaded guilty to federal charges in the US related to violations of the Bank Secrecy Act.While he agreed to pay a $10 million fine in 2022, Delo did not serve time in prison. He and his colleagues Arthur Hayes and Samuel Reed received a pardon from US President Donald Trump in March 2025.Magazine: Trading stocks against BONER is the latest trend for DeFi degensCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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Nvidia considers $10B investment in potential record Anthropic IPO: Reuters  

Anthropic is in talks with Nvidia about a potential $10 billion investment in what may be the biggest IPO in history, Reuters reported on Saturday, citing people familiar.The people said Anthropic is seeking to raise as much as $100 billion in the offering, which could value the AI company at about $2 trillion.The discussion is ongoing and could change, the people told Reuters, remaining anonymous amid the confidential negotiations.Nvidia could supply Anthropic with an early strategic backer for the offering and also strengthen ties ​between the chipmaker and an important customer.Reuters said that Anthropic declined to comment and that Nvidia had yet to respond to a request for comment.Related: Nvidia buys Hugging Face for $12.9B in push into AI softwareCointelegraph reported on Aug. 11 that Bitcoin miner Riot Platforms had secured a 20-year agreement to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a “leading frontier AI” company.The customer was Anthropic and the deal was valued at about $9 billion, Bloomberg reported, citing people familiar with the matter.Cointelegraph reported earlier this month that Nvidia agreed to acquire Hugging Face for $12.9 billion, extending its reach into the software and tools developers use to build artificial intelligence.Hugging Face serves more than 18 million developers and hosts over three million models, Nvidia CEO Jensen Huang said.The acquisition would give Nvidia control of a major platform for AI models as technology companies increasingly compete across chips, software and developer tools.Magazine: Metaplanet equity backlash, SE Asia crypto funding doubles: Asia ExpressCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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