North Korean hackers attacks South Korean cryptoindustry

The Korea Internet & Security Agency indicated a 360% increase in malware attacks in 2017
15 November 2017   1864

The Korea Internet & Security Agency (KISA) has reported about on cyberattacks from North Korea, targeted to South Korean cryptoindustry, digital currency users and service providers. Main weapon of hackers is malware. This is reported by the Yonhap News.

According to the latest report, dated mid-November 2017, KISA indicated a 360% increase in malware attacks in 2017, in comparing to 2016. These attacks shows that the hackers put real efforts to brake daily operation of cryptocompanies and steal cryptocoins.

Cryptocurrencies such as Bitcoin and Ethereum have been claimed as the perfect tool for cybercrimes in the past.

Hackers are boldly spreading malicious code not only to hunt for bitcoins but to directly attack Internet sites. Such attacks are likely to continue.
 

The Korea Internet & Security Agency

According to the KISA report, 5,366 ransomware attacks were recorded in South Korea from January to September 2017. One of the main reasons behind this attack is considered to be the ongoing struggle between North and South Korea.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   404

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.