North Korean hackers attacks South Korean cryptoindustry

The Korea Internet & Security Agency indicated a 360% increase in malware attacks in 2017
15 November 2017   857

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.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   113

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.