Hanatour breached, hacker demands Bitcoins

Hacker stole personal data of largest South Korean travel angency clients and demand ransom in Bitcoins
20 October 2017   1227

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.

CME Group Won't Launch BTC Deliverable Futures

Since the launch of bitcoin futures, CME has attracted more than 3,300 individual investors, processed 7000 contracts for 35k BTC totally
02 October 2019   155

Confirming its intention to launch options on bitcoin, the Chicago Mercantile Exchange (CME Group) noted that it would not follow the path of a competitor in the form of the Bakkt platform and would refuse to trade in deliverable futures. The director of alternative investment products CME Group Tim McCourt said this in an interview with Markets Media.

Since we launched bitcoin futures in December 2017, the number one demand from customers has been for options on our futures.
 

Tim McCourt

Global head of equity index and alternative investment products, CME Group

CME Group conducts calculations on bitcoin futures in fiat, and the company will follow the same approach with respect to options. As McCourt noted, guided by the needs of customers when developing new products, the company does not plan to launch supply contracts for bitcoin.

Since the launch of bitcoin futures, CME has attracted more than 3,300 individual investors. This year, on average, the company processed about 7 thousand contracts for a total of 35,000 BTC.

The institutional interest in bitcoin is growing but they need time to become familiar with the market and get approval to use new products.
 

Tim McCourt

Global head of equity index and alternative investment products, CME Group

Also, according to McCourt, new options can use existing technology, an application matching engine and clearing mechanisms. Currently, the exchange is conducting standard instrument testing procedures.