Brazilian Crypto Brokers Launch Crypto Association

The association created by Atlas would become an opponent of previously formed Brazilian Crypto-Economy Association (ABCripto)
16 April 2018   984

According to the information published on Portal do Bitcoin, the Atlas Project is launching the Association of Cryptocurrency and Blockchain (ABCB), represented by major cryptocurrency exchanges. Atlas adopts the best practices for the security of crypto assets, including operations in reliable exchanges and constant realization of invasion tests and stability in the system.

The association created by Atlas would become an opponent of previously formed Brazilian Crypto-Economy Association (ABCripto), which is represented by such crypto exchanges as Bitcoin Market, Foxbit, Bitcointrade, Walltime, Braziliex and FlowBTC. Both of associations have a goal to defend the interests of cryptocurrency holders and traders in Brazil.

ABCB will defend the cryptocurrency markets in Brazil, defend privacy and regulations that will not end innovation. There is legal uncertainty. Depending on the purpose, it may be considered a means of payment or a financial asset.
 

Fernando Furlan

President, ABCB

Reportedly, Natalia Garcia, a vice president of ABCripto and a legal director of Foxbit, stated that she had no idea that the competitor organization was being formed. Nevertheless, there is a chance that both associations will become partners in the future.

China to Finance Hacker Attacks on Exchanges, - FireEye

Experts believe that the victims of APT41 are industry participants, the development of which is a priority in the current Chinese five-year period
08 August 2019   452

The hacker group APT41 attacks companies in the areas of healthcare, telecommunications, fintech, media, and cryptocurrency exchanges. This activity is funded by the Chinese government, according to analysts of cybersecurity company FireEye.

Experts believe that the victims of APT41 are industry participants, the development of which is a priority in the current Chinese five-year period.

Industries Targeted by APT41
Industries Targeted by APT41

At the same time, APT41 pursues its own goals, extracting financial benefits from attacks, which is unusual for other groups under the Chinese government, according to FireEye.

APT41 is known to include at least two people with the pseudonyms Chzan Xuiguan and Wolfji. The group probably has connections with other hacker organizations like BARIUM and Winnti.

FireEye also evaluated at what time of the day the APT41 attacked the gaming industry (its core target) and businesses from other areas. It turned out that this was happening outside the framework of a standard working day - probably these people, among other things, have the main job.

APT41 Operational Times
APT41 Operational Times

According to the UN Security Council, hackers under the DPRK government stole about $ 2 billion from banking institutions and cryptocurrency exchanges.