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Established in 2017, South Korea. No. of pairs - 268. Fiat - KRW. Centralized exchange. KYC & Restrictions - no.

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North Korean Hackers Attack Upbit Users in South Korea

North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. The hackers sent out an email claiming that Upbit users needed to submit more information to become eligible for a prize drawing. When users opened up the email reportedly containing information about a phony sweepstakes and its payout, malware would activate, giving the hackers access to user information and control of their devices for later access. “In analyzing attack tools and malicious codes used by hacker groups, there are unique characteristics we saw,” Mun Chong Hyun, head of the ESRC Center at East Security, which identified the attack, said, per CoinDesk Korea. These characteristics specifically point to North Korean hacker group Kim Soo-Ki, which has used malware of a very similar construction to attempt to breach South Korean government agencies. North Korean hackers have been active meddlers in the South Korean crypto space for several years. The Lazarus Group, for example, has stolen more than $571 million in a period of a little over a year and a half between 2017 and 2018, largely targeting South Korean crypto exchanges. Over the course of this work, the Lazarus Group received direct material support from the North Korean government. This latest hacking attempt, however, seems to have been foiled by the efforts of the team at East Security. Mun Chong Hyun claimed that, so far, “we have not heard of any reported damage.” This is not the first time Upbit has found itself embroiled in fraudulent activity. Last December, executives from both Upbit and its parent company, Dunamu, were indicted for fraud after creating phony records for millions of dollars’ worth of fictional trades, all to convince potential customers that Upbit had a much higher volume of business than it actually had. The post North Korean Hackers Attack Upbit Users in South Korea appeared first on Bitcoin Magazine.
Bitcoin Magazine

North Korean Hackers Attack Upbit Users in South Korea

North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit.News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. The hackers sent out an email claiming that Upbit users needed to submit more information to become eligible for a prize drawing.When users opened up the email reportedly containing information about a phony sweepstakes and its payout, malware would activate, giving the hackers access to user information and control of their devices for later access.“In analyzing attack tools and malicious codes used by hacker groups, there are unique characteristics we saw,” Mun Chong Hyun, head of the ESRC Center at East Security, which identified the attack, said, per CoinDesk Korea.These characteristics specifically point to North Korean hacker group Kim Soo-Ki, which has used malware of a very similar construction to attempt to breach South Korean government agencies.North Korean hackers have been active meddlers in the South Korean crypto space for several years. The Lazarus Group, for example, has stolen more than $571 million in a period of a little over a year and a half between 2017 and 2018, largely targeting South Korean crypto exchanges. Over the course of this work, the Lazarus Group received direct material support from the North Korean government.This latest hacking attempt, however, seems to have been foiled by the efforts of the team at East Security. Mun Chong Hyun claimed that, so far, “we have not heard of any reported damage.”This is not the first time Upbit has found itself embroiled in fraudulent activity. Last December, executives from both Upbit and its parent company, Dunamu, were indicted for fraud after creating phony records for millions of dollars’ worth of fictional trades, all to convince potential customers that Upbit had a much higher volume of business than it actually had. This article originally appeared on Bitcoin Magazine.
Bitcoin Magazine

North Korean Hackers Target UpBit Users in Bitcoin Scam

North Korean hacking group, “Kim-Soo-ki,” have allegedly orchestrated a phishing attack targeting users of South Korean cryptocurrency trading venue, UpBit, in a bid to steal their bitcoin, according to a report by The Next Web on May 31, 2019. North Korea Phishing for Bitcoins Per sources close to the matter, North Korea’s notorious hacking group,Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

New East Security Report: UpBit Users Are Being Targeted By A North Korean Hacking Team

Report: UpBit Users Are Being Targeted By A North Korean Hacking Team According a number of trustworthy reports circulating over the internet recently, a North Korean hacking group is currently using a phishing ploy to attack individuals making use of popular crypto trading platform UpBit. In regards to the matter, the hackers were sending out […]
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Thailand plans to relax laws on ICOs, Bermuda issues a draft regulation, CONSOB halts Avacrypto, USA introduces the Token Taxonomy Act, CFTC questions about Ethereum, a report on Belgium, UAE, the EAEU, and Abkhazia, UAE plans to finalize regulations in 2019, Israel enlists the help of locals, South Korea regulators indict three Upbit employees, FCA is set to receive new duties

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DIGEST

India thinks whether to ban or not BTC, Upbit states the importance of crypto regulation, Dutch central bank to regulate crypto companies, Spain is preparing a draft regulation bill, South Korea convenes for debate with seven crypto exchanges, Chile declares that crypto regulation is in progress & other news on regulation

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Digital tokens resurrect with value addition after crypto winter

According to OnChainFX, the top 1o legitimate exchanges deliver the trading volume for measuring the real trading volume of the digital assets. Data collected from the LONG HASH website revealed that the majority of tokens had declined to half of their value since attaining the ATH. The most shocking results came out for ETHLend, based on the Ethereum blockchain that used the digital tokens in the form of collateral for transactions. LONG HASH quoted that ETHLend offered a decentralized peer-to-peer smart contract lending in the crypto-ecosystem. The ETH-based token was trending as the investors were constantly using ETH for transactions, which led to its surge before the bear attacks on the market. Tokens such as Holo and Ravencoin maintained their value equivalent to 50% of their ATH as they were initiated after the 2017 bull run. It came as a surprise for crypto users after tokens like Binance Coin and ChainLink underwent resurgence to achieve their ATH, that was higher than the previous ATH mark. Source: LONG HASH As per the graph, tokens achieved their ATHs from December 2017 to January 2018 and then plummeted. Many of the investors missed out on this bull rush in the crypto market. As the market conditions did not remain the same for a longer duration, tokens slipped into the phase, commonly known as the crypto winter, among the digital asset enthusiasts. LONG HASH shared growth rate of ChainLink and tweeted, “Chainlink (LINK) is having a pretty good day”. Some tokens like BNB and LINK have been performing well and the community can take comfort from this. The post Digital tokens resurrect with value addition after crypto winter appeared first on AMBCrypto.
AMBCrypto

Stellerro is set to issue tokenized equity through Spanish-regulated Security Token Offering (STO); Public sale opens June 17th

TEL AVIV, Israel, June 17th, 2019– Stellerro, an alternative investment banking platform, automated, in-scale, determined to bring liquidity to the digital era will launch its STO on Monday, June 17th, 2019 at noon ET. Stellerro, a Spanish-Israeli based alternative investment banking platform is pleased to announce the launch of its new Security Token Offering public sale. Self-founded in mid-2018 by an experienced group of entrepreneurs from the Israeli capital markets & fintech industries, all are Blockchain veterans: Aviad Gindi – CEO, Dror Medalion – GM, Elad Kofman -CSO, Noam Barnea -CTO & Liron Rose – Advisory lead. Stellerro was created to assist asset owners, funds, entrepreneurs & startups in taking part in an alternative method of fundraising. Stellerro believes that as the blockchain ecosystem matures, digital offerings will become easier to access and invest in. The ever-advancing secured technology, transparent approach, the inclusion of new financial titans and a strong blockchain congregation are all unified to create the most important thing Investors seek for — Liquidation & Tradability. Stellerro’s funding goal is €5 Million which it plans to utilize for R&D and business development expansion. The company is expected to generate revenue for investors starting Q4 2019, based on its financial projections. The public offering starts on June 17th, 2019 and will last for 2 months until August 16th, 2019. STRO tokens will grant the investors economic rights and dividend from the firm quarterly revenues. To ensure a fully regulated environment, investors will go through KYC & AML procedures in order to acquire STRO security tokens.  Join the public sale today at www.stellerro.com or contact the team for any inquiry at: info@stellerro.com.   Stay tuned for more: Site · Facebook · Twitter · Linkedin · Instagram · Reddit · Telegram The post Stellerro is set to issue tokenized equity through Spanish-regulated Security Token Offering (STO); Public sale opens June 17th appeared first on ZyCrypto.
ZyCrypto

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported on June 14. Per the report, Facebook and dozens of its partners will unveil the Libra Association — which […] Cet article Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report est apparu en premier sur Bitcoin Central.
Bitcoin Central
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