$2.47 Worth Crypto Stolen From Istambul Crypto Company

Hackers communicated thru the PlayerUnknown’s Battlegrounds in-game chat
14 February 2019   481

The cryptocurrency company based in Istanbul fell victim to criminals who stole Bitcoins and other cryptocurrencies from its accounts totaling 13 million lire (about $ 2.47 million). This is reported by the local Daily Sabah.

The company, whose name was not disclosed, went to the police with a statement after it discovered that it had stolen large amounts of bitcoins, Ether and XRP.

A division of the Turkish police in the fight against cybercrime conducted an investigation, the results of which confirmed the fact of hacking two wallets belonging to the company. The police also managed to track the movement of stolen funds thanks to the records in the blockchain and identify the intruders. It is noteworthy that they coordinated their actions through the chat of the popular online game PlayerUnknown’s Battlegrounds (PUBG).

In the course of the special operation, police conducted searches at the place of residence of suspects to steal funds in several cities, arresting 24 people. During the time, cash was seized, and a stolen cryptocurrency worth 1.3 million lire ($ 247,000) was discovered, which was eventually returned to the company.

Six detainees by the court in Istanbul were left under arrest, the rest were released under judicial control.

Note that this is not the first such case in Turkey in recent months. So, in November last year, 11 people were detained in Istanbul on suspicion of theft of bitcoins worth more than $ 80,000.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   95

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.