Crypto Facilities Futures Trading to Reach Almost $1B

The company says that such a strong growth is due to a deal with the Kraken bitcoin exchange
06 March 2019   466

In February, the volume of futures trading on the Crypto Facilities platform grew by more than 500%, reaching almost $ 1 billion. CoinDesk reports this, citing company representatives.

Crypto Facilities offers Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash futures contracts.

The company acknowledges that such a strong growth is due to a deal with the Kraken bitcoin exchange, which acquired the platform in early February. The amount of this transaction, according to some data, was $ 100 million.

According to the head of the indices development department, Sui Cheng, the company estimated the five-day period before the deal was made public and the same period after: the trading volume grew by 565%. At the same time, Bitcoin futures remain the most popular product, followed by Ethereum and Ripple.

Note that the liquidity at Crypto Facilities for contracts for Bitcoin increased by 200%, and for Bitcoin Cash and Litecoin - by 1000%.

It is noteworthy that residents of Europe and Asian countries trade on the platform, but not American citizens.

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   262

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.