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Sea Turtle DNS hijackers linked to breach of Greece’s ccTLD organization

Despite being publicly exposed earlier this year, the actors behind the malicious Sea Turtle DNS hijacking campaign continue to unabashedly rack up new victims, and apparently added a new technique to their repertoire, a new report states. The group made waves last April when researchers at Cisco’s Talos unit reported that the attackers have been compromising internet and DNS service providers in order to reroute some of their clients’ website visitors to a malicious man-in-the-middle server. This server, which spoofs the legitimate website or online service, secretly captures these visitors’ website credentials so they can be harvested. Targeted customers have primarily consisted of Middle Eastern and North African government institutions, military units and energy organizations. In a new report published yesterday, Talos revealed that the same group, from April 19 – 24, accessed the network of The Institute of Computer Science of the Foundation for Research and Technology – Hellas (ICS-Forth), the organization that oversees the ccTLD for Greece. Moreover, the command-and control node used to interact with the ICS-Forth network was also used “to access an organization in Syria that was previously redirected using the actor-controlled name server ns1[.]intersecdns[.]com. This indicates that the same threat actors were behind both operations,” said a Cisco blog post written by Talos researcher Danny Adamitis, with contributions from colleague Paul Rascagneres. Meanwhile, Talos researchers said they are moderately confident that Sea Turtle has dabbled in a new technique for rerouting website visitors from their intended destination to a malicious server through modification of the target domain’s name server records. “In this case, the actor-controlled name server and the hijacked hostnames would both resolve to the same IP address for a short period of time, typically less than 24 hours,” the blog post explained. Talos believes the technique has only been used twice. “In both observed cases, one of the hijacked hostnames would reference an email service and the threat actors would presumably harvest user credentials. One aspect of this technique that makes it extremely difficult to track is that the actor-controlled name servers were not used across multiple targets, meaning that every entity hijacked with this technique had its own dedicated name server hostname and its own dedicated IP address.” Further investigation by Talos also turned up a recently registered actor-controlled nameserver, rootdnservers[.]com, and new IP addresses tied to man-in-the-middle activity. Talos also noted that since its previous Sea Turtle report, the group has targeted even more government organizations and energy companies, as well as think tanks, international non-governmental organizations and at least one airport. The post Sea Turtle DNS hijackers linked to breach of Greece’s ccTLD organization appeared first on SC Media.
SC Media

Greece Cryptocurrency ATM Units Set To Rise As Bitcoin Adoption Grows

ATMs are one of the most effective ways to spread cryptocurrencies to the masses. For the vast majority of citizens, interest in the digital currency markets is overshadowed by a general fear of the massive technical learning curve involved in the process of obtaining the currency. In the status quo, possessing or getting ahold of cryptocurrency is a process that involves creating multiple accounts and learning about a complicated cryptography and encryption setup that serves as a prerequisite to many wallets and exchange sites. But with access to an ATM, constituents can easily access their cryptocurrency. In some cases, a wallet might not even be required in the traditional sense in order for someone to use a cryptocurrency ATM to exchange their fiat money for digital currencies. Cryptocurrency ATMs function very similarly to existing ATMs that distribute fiat money. Users have the opportunity to use their login information to trade cash or credit money for a variety of cryptocurrencies. While Bitcoin is by far the most popular crypto in the world, there also exist ATMs for nearly every popular cryptocurrency currently on the market. In Greece especially, cryptocurrency ATMs have taken off. While Greece is not the only country using Bitcoin ATMs in an attempt to gain revenue and gauge public interest in Bitcoin, the government has been incredibly effective at making the machines popular and helping to spread mass adoption of the currency within its borders. Greece Doubles Down On Bitcoin ATM's Having already seen the introduction of the first cryptocurrency ATM in the borders of the unique and economically distressed European nation, Greece has now made the decision to double down on Bitcoin and make headway on the introduction of more machines all over the country. In fact, Greece plans to introduce four more Bitcoin ATMs to their expanding market, bringing the total amount up to five. Much of the work installing the new machines is going to come from cryptocurrency entrepreneur Stefanos Gestopoulos, an expert already renowned for his company’s creation of sophisticated automated-teller technologies that integrate cryptocurrencies in the modern era. But he isn’t the only one vying for the attention of the government on these important contracts. According to some sources, several companies within Greece are trying to work with local authorities to install their own cryptocurrency ATMs in the area. An Expanding Crypto Scene Greece is not the only country exploring the prospect of cryptocurrency ATMs. Nations all over the world have seen the introduction of new ATMs, especially following the massive price hike seen by many alternative digital currencies earlier last year. A statistic from researchers at Coinatmradar found that there are currently over 3,500 crypto ATMs all over the world, hidden within 70 different countries. Oddly enough, South America dominates the scene, holding 70% of the total cryptocurrency ATMs on the planet at the moment. The continent is followed closely behind by Europe, and then by Asia. Greece is yet another country becoming more interested in the budding crypto ATM market, an industry which will continue to entice more citizens to participate in the complicated crypto markets.
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Cryptocurrency ATMs Set to Multiply in Greece

Cryptocurrency ATMs are set to become more popular in Greece following plans by a local company to install more of the machines. Cryptocurrency ATMs continue to become more popular, with units being installed in different countries on a regular basis. More Cryptocurrency ATMs Coming to Greece According to the Greek Reporter, a local company wants to increase Greece’s total number of cryptocurrency ATMs. Stefanos Getsopoulos, a cryptocurrency entrepreneur, says his company has plans to install three Bitcoin ATMs in the northern part of the country. When completed, this move will take Greece’s total cryptocurrency ATM count to five. According to Coinatmradar.com, there are four virtual currency ATMs in Athens, and one in the city of Thessaloniki. Local media sources say other companies are looking to install more of such machines in the future. Greece, one of Europe’s most economically distressed countries got its first cryptocurrency ATM in mid-2015, installed by BTCGreece. With the declining confidence of the Greek people in the ability of their government, more residents are adopting cryptocurrency. Rapidly Expanding Cryptocurrency ATM Scene Cryptocurrency ATMs are becoming more popular across the globe. This increase in popularity hasn’t been affected by the decline in virtual currency prices since the start of 2018. Data from Coinatmradar shows that there are 3,687 cryptocurrency ATMs spread out in more than 70 countries around the globe. South America still leads the way with more than 70 percent of all virtual currency ATMs. Europe and Asia occupy the second and third positions respectively. Russia Moves Against Bitcoin ATMs While there are plans to install more of such machines in Greece, Russian authorities appear to be cracking down on cryptocurrency ATMs. On Sunday, reports emerged that 22 Bitcoin ATMs were seized across nine cities in Russia without any form of warning or prior notice. According to further details released by some inside sources, the seizure is part of a systematic drive to prevent illegal activities in the country’s financial market. State officials also believe that cryptocurrency ATMs, which enable the conversion of digital currency to fiat, opens up the possibility of unregulated cross-border transfers and other illegal financial activities. What do you think about plans to increase the number of cryptocurrency ATMs in Greece? Let us know your thoughts in the comment section below. Images courtesy of Bitcoinist archives, Coinatmradar, Shutterstock. The post Cryptocurrency ATMs Set to Multiply in Greece appeared first on Bitcoinist.com.
Bitcoinist

Bitcoin ATMs Find Love In Greece, Market To Boom

Over the last few months, crypto ATMs have grown popular in various regions in the global financial market, with many market players getting onboard. Crypto ATMs allow users to buy or sell their digital assets like Bitcoin, Litecoin, Ethereum, Dashcoin, and others. Greece is one of the countries where these machines are fast gaining popularity. What Makes Them Tick? At the moment, there’s one crypto ATM in the Greek region of Thessaloniki and 4 in Athens. Media reports indicate that more Greek cities will embrace the use of crypto ATMs in the near future, with more of such machines set to be installed in various parts of the country in the coming months. Stefanos Getsopoulos is the co-founder of a popular crypto company, Thess Cash Hallas, and he says that plans are underway to install 3 more crypto ATMs in Northern Greece. The love of these ATMs is largely driven by many crypto users’ preference of a freer financial and investment market as opposed to the largely centralized institutions like banks. As such, many users opt to use cryptos to avoid the centralized system. Also, some cryptocurrency users embrace the use of the ATMs as they provide an easier way to access their assets faster. In fact, crypto ATMs allow users to liquidate and withdraw their digital assets in fiat currency wherever they are. This advantage makes the ATMs even more popular in the crypto community. There’s A Boom In The Offing A report released recently by MarketsandMarkets, a research firm, projects the global crypto ATM market to hit north of $144.5 million by the year 2023, with a Compound Annual Growth Rate (CAGR) of about 54%.  Just last year, the market value totaled around $6.8 million. Currently, the market value stands at about $16.3 million, meaning that in the next 5 years, the global crypto ATM market is expected to grow eightfold. Understandably, this projected market expansion might come as a shock to some, but a critical look at the figures of 2017 compared to the current figures gives all the indications of an exponentially growing market. In the last few months from 2017, the market has expanded by upwards of 50%. According to the same report by MarketsandMarkets, the growth of the crypto market would also trigger an increase in the overall number of transactions conducted through the ATMs. This would, in turn, create the need for more crypto ATMs in service. There are now about 3,650 BATMs (Bitcoin ATMs) in service around the world, with about 4 machines being commissioned every single week. The post Bitcoin ATMs Find Love In Greece, Market To Boom appeared first on Ethereum World News.
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Meh: Yet No Hidden Reason For Fluctuations Here

Turkish stock exchange applies blockchain, Belgium offers ICO regulation, new deadline for Visa crypto cards issue, Greek's big plans for BTC-ATMs, an opinion of representative from the Royal Bank of Canada on Goldman Sachs's policy, and Kraken's assurances on its stability

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Bakkt Launches Futures Contracts, Bitcoin Price Falls

Bakkt, a subsidiary of New York Stock Exchange owner Intercontinental Exchange Inc (NYSE: ICE), launched its long-awaited physically backed Bitcoin futures Monday.  The first Bakkt/ICE futures contract changed hands at $10,115 and the number of contracts in the first hour stood at just five total, CoinDesk reported. It's widely belived in the ...Full story available on Benzinga.com
Benzinga

Late Bloomer: Why Bakkt’s Slow Start Is No Surprise

Bakkt has finally opened its platform for physically-delivered Bitcoin futures, but the response has been underwhelming. Nearly a year after the owners of the New York Stock Exchange announced their foray into cryptocurrency, markets responded to the new institutional trading venue with another 1.8% price drop. First announced last August, the long-delayed launch “was an important step toward bringing trusted infrastructure to digital assets,” wrote CEO Kelly Loeffler. The physically-settled futures platform is expected to provide a crucial infrastructure for institutional trading in cryptocurrencies. But some pundits have expressed disappointment at today’s volumes. Four hours before the market closes, only $550,000 worth of BTC futures have exchanged hands. One well-known cryptocurrency analyst described volumes as “not great,” while CoinDesk said trading on Bakkt was off to a “slow start.”   Source: Bakkt   At face value, these low volumes might suggest that institutional investors aren’t very interested in cryptocurrencies. Based on today’s activity, Bakkt volumes are unlikely to rival the futures product from CME Group, which traded $470M in its first week. But there’s an important distinction. CME’s futures are all cash-settled, meaning that all the trading is done in fiat currencies. The underlying asset may be Bitcoin, but at no point does either side have to actually hold it. From a legal perspective, that makes CME futures much simpler for institutional investors, making them no different from a similar future in wheat, maize or gold. In contrast, Bakkt’s futures are all physically delivered, meaning that the underlying assets have to be transferred on a specified date. Institutional investors have to take custody of actual bitcoins, with a lot more hoops to jump. In order to regularly trade in Bakkt bitcoin futures, institutional investors will have to consult specialized legal counsel, acquire new insurance policies, and possibly update their investors, as well as find a custodian to for the digital asset. “[S]ome of [Bakkt’s] largest prospective clients still don’t have permission to trade physically-delivered futures contracts,” wrote analysts at BeQuant Exchange in a note. “As such, [the] build it and they will come mantra may not necessarily result in an influx of new, hot money, at least not right away.” It’s hard to know what the big institutional investors were thinking when Bakkt opened up shop for the first time. But, given the fact that the platform is dealing with a volatile asset class, which has a nebulous regulatory status, it’s no surprise that many high rollers are playing wait-and-see. If there’s one lesson to be learned from Bakkt’s trading today, it’s that the cryptocurrency space still has a tendency towards overblown expectations.  Institutional investors were never going to dive headfirst into an unfamiliar asset. A cautious start to Bakkt’s futures today is a good sign, indicating that the majority of investors are still playing it safe.   The post Late Bloomer: Why Bakkt’s Slow Start Is No Surprise appeared first on Crypto Briefing.
CryptoBriefing

Bakkt’s Bitcoin Futures Goes Live: Should You be Excited?

Over the past few years, the Bitcoin futures ecosystem has grown at a remarkable pace, and it is something that is surely going to stay for years to come. Initially, these futures contracts had been launched by a handful of exchanges, but over the past year or so, the number has increased considerably. Futures Trade In a development that will come as another massive boost to the Bitcoin and cryptocurrency ecosystem, the New York Stock Exchange’s owners, ICE, through its crypto exchange Bakkt has decided to launch futures contracts that will pay out traders in Bitcoins. ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Crypto Currency News

Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking

Binance recently announced the listing of Tezos with pairs of Bitcoin(BTC), Tether(USDT) and Binance Coin(BNB).  Will Binance Enable Tezos Staking? As Per a recent tweet by Binance, it has listed Tezos and it can be paired with USDT, BTC, and BNB. Following the announcement, users can start depositing Tezos on their accounts, while the launch of trading is scheduled for the 24th of September. Source- Twitter CZ then further created hype by asking the community that did they not what was coming next. A user suggested that does the move imply Tezos staking. While CZ didn’t give a definite answer, he expressed his excitement with a “happy” emoji.  Source- Twitter The Tezos official website defines Tezos as,  “ Tezos is a self-amending blockchain that can evolve by upgrading itself, with stakeholders being able to vote on amendments to the protocol, including amendments to the voting procedure itself.” Binance. US Opens Doors for Cardano, Ethereum Classic and Stellar  Today, Binance.US opened deposits for Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX). Trading for these coins will begin on September 25, 2019, at 9:00 AM EST /6:00 AM PST. The announcement further mentions that the coins are temporarily only available for deposits and withdrawals will not be enabled until trading is live. Source- Twitter Also, Binance.US will commence trading on September 24, 2019 at 9:00am EST / 6:00am PST. The launch will see Binance.US list Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and Tether (USDT). These coins will be available for trading across 13 fiat-to-crypto and crypto-to-crypto trading pairs.  Source- Twitter Binance Announces 6th Phase of Lending Products In yet another update, Binance announced its 6th phase of lending products. The launch will take place on the 25th of September. In the sixth phase of Binance’s lending initiative, users will be able to lend Binance Coin(BNB), Bitcoin(BTC), EOS, Ethereum Classic(ETC), Ethereum(ETH), ChainLink(LINK), Tether(USDT) and Ripple(XRP) to earn interests payable from Sep. 25 to Oct. 09.  Traders are in for huge benefit as Binance. US enables trading. Will Binance continue to keep the crypto community happy with its developments? Let us know, what you think? The post Tezos [XTZ] Jumps Over 4% Amids Binance Listing; CZ Hints Tezos Staking appeared first on Coingape.
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Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink

YouTube star Nicholas Merten is a fan of crypto, but like everyone else, he’s noticed the gradual downplay of bitcoin as of late. Once again, bitcoin has dropped below the $10,000 mark and is trading for just over $9,800. While this isn’t a major fall, the currency seems to have wavered between this mark and $10,200 over the past month. Merten: Altcoins Are Making a Comeback Merten isn’t concerned by this. In fact, he’s looking to use the situation to his advantage, and advises others to do the same. As the host of YouTube’s “Data Dash,” arguably one of the most popular cryptocurrency channels on the streaming and video site, Merten claims that there are three specific cryptocurrencies that are likely to shoot up now that bitcoin is wavering if people are looking to invest. Those cryptocurrencies are Basic Attention Token (BAT), Raven Coin (RVN), and Chain Link (LINK). In a recent interview, he states that these three tokens are likely to grow heavily over the next 12 months, explaining:  At the current moment, looking at [bitcoin] market dominance, it does look like we’re starting to enter into a trend shift where altcoins can start to gain as we retest back towards bitcoin’s high of $20,000. The last two [altcoin cycles] that we had were at the end of the overall bitcoin cycle where bitcoin reached $20,000. The first one happened at the beginning of 2017 when bitcoin retested its high at $1,100. For the most part, altcoins have had a relatively rough year in 2019. Bitcoin on the other hand, has experienced steady growth since April, doubling its price since then from $5,000 to about $10,000. While many have focused on bitcoin as of late, Merten says he’s starting to see funds travel into smaller, competing coins. He says:  As bitcoin does increase over time, as we tend to see a general growth in bitcoin’s price, we tend to see more risk taking in different types of digital assets. As more liquidity has entered bitcoin, you have the ability now, through exchanges, for that liquidity to exit into other alternative investments. Sometimes, that can be rampant speculation, and in other cases, it can be driven through fundamentals. I believe this time around, in this cycle, we’re going to see more going toward fundamental developed projects that actually have real demand.  Why These Three and Not Others? Chain Link is big in that it’s joined software company Oracle to help blockchains connect with outside networks. Raven Coin is significant because it allows developers to establish their own tokens, while BAT is moving forward in that it is attached to the Brave browser, which seeks to block advertisements and trackers from following one’s searches and online activity. Merten is confident BAT will be very important in the field of privacy. The post Nicholas Merten: Now Is the Time for Ravencoin, BAT and Chainlink appeared first on Live Bitcoin News.
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