North Korean hackers and the gray industry of Miaowadi are quietly becoming the hidden winners behind the cryptocurrency world.
North Korea, a country isolated by global sanctions, has actually been stealing rampantly in the cryptocurrency world through its hacker national team. Over the past few years, they have stolen billions of dollars through wave after wave of attacks, and even Bybit was not spared, suffering losses of over a billion dollars.
Now let's look at the gray industry park of Miaowadi, where cheap labor, airdrop farming, DeFi gaming, meme coin issuance, and various forms of 'cutting leeks' continuously extract wealth from the cryptocurrency circle, enabling them to steadily win.
These two places, which were almost helpless in the physical world, have found their wealth code in the cryptocurrency circle, turning into the biggest invisible winners. With the support of their respective countries or regions, they can act almost without restraint; even if they steal money, there's really nothing to fear.
As an open technology, blockchain should provide opportunities for everyone, but precisely because of its openness, I instead see it becoming a breeding ground for these marginal forces. Behind the brilliance of technology lurks the exploitation by these gray powers.
To be honest, this makes me a bit uneasy. The freedom and openness of technology were originally intended to create more opportunities, but instead, they have become tools for plunder, and the phenomenon of blockchain being used for evil is becoming increasingly severe.
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