Hanatour breached, hacker demands Bitcoins

Hacker stole personal data of largest South Korean travel angency clients and demand ransom in Bitcoins
20 October 2017   1145

The hacker breached the system of the largest travel agency of South Korea Hanatour and kidnapped personal information of more than a million customers. This is reported by the KBench.

For the return of data, the hacker demanded a one-time ransom in bitcoins. The amount of the ransom was not disclosed.

According to information from the travel agency, the hacker was able to crack the security system through complex phishing attacks and the spread of malicious software. So the attackers got access to the servers of the company, which kept the names, mobile phone numbers, social insurance, home addresses and other information of the travel company's clients.

As reported by CoinJournal, in the upcoming weeks, Hanatour will join forces with government agencies and cybersecurity companies to investigate the attack. Considering the involvement of the South Korean law enforcement, it is highly unlikely that Hanatour will pay the Bitcoin ransom.

Hanatour is considered South Korea’s largest and most reputable travel agency when measured on revenue, client base and reviews. Since 2007, the company has aggressively moved into new international markets, establishing offices in popular tourist destinations including Japan and China.

Binance to Launch BTC-Pegged Own Chain Based Token

In this way exchange wants to transfer crypto based on own blockchains to its ecosystem and  increase liquidity and trading volumes at Binance DEX
17 June 2019   158

In the coming days, Binance Exchange will launch a series of BEP2-tokens, tied to different cryptocurrency rates, on its own Binance Chain blockchain. The first token of this type will be BTCB - its rate is tied to Bitcoin.

BTCB is backed with bitcoins located in Binance reserves. The address for storing bitcoins has already been made publicly available, so that users can verify that the token has the necessary support.

In the future, the BTCB / BTC trading pair will be launched on Binance.com. With its help, users will be able to convert the original cryptocurrency into the Binance Chain token. The price spread in this case will be about 0.1%.

According to Binance, in this way it can transfer cryptocurrencies based on its own blockchains to its ecosystem and currently not represented in the Binance Chain. The company expects the launch of new tools to increase liquidity and trading volumes at Binance DEX.

While this approach is more centralized than atomic swaps, we believe it provides a higher degree of ease-of-use to most traders. And most traders are already trusting Binance.com to hold their funds anyway.

Binance Team

To date, Binance has independently reserved 9,001 BTC and released 9,001 BTCB. The BTCB / BTC trading pair on Binance.com will tentatively appear within a day, and an asset will be added to Binance DEX after approval of the relevant offer.