Chinese Central Bank Mail Hacked for Fake Mailing

Hackers used the email box under the government domain to spread panic on the market
08 February 2018   286

The US media reported that the Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) allegedly intend to jointly take decisive action against "all aspects and services associated with bitcoin trade in the territory of mainland China and Hong Kong."

The e-mail states that PBOC and HKMA will announce the introduction of new measures to counter money laundering in Beijing on February 14 as part of a policy to combat "all services associated with virtual currencies and the activities of individuals and legal entities, including market makers, mining operators, trading platforms and wallets. "

Representatives of regulators in Beijing and Hong Kong reported that the holding of such an event in their plans is not included. About this writes South China Morning Post.

The letter that was at the disposal of the publication was sent from the address "@". Due to this fact, people believed it. The owner of the box was an employee of one of the offices of the Central Bank of China. He said that he had no idea about the letters sent from his mailbox, which, he said, was hacked.

Analysts suggest that the box was hacked in order to exert negative pressure on the market by cryptocurrency hackers who could take short positions in bitcoin and thus expected to earn.

I’m not sure it always works, but especially when they can make use of mistranslations and ambiguities, I’m sure they can spread a bit of panic. The ruse is effective especially in an immature market with a very low barrier to entry, and where there are many day traders who might be manipulated that way.

Leonhard Weese

President, Hong Kong bitcoin association. 

At the beginning of the week, the Chinese government edition really announced the introduction of new restrictions for crypto-currency traders.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   41

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.