North Korean hackers attacks South Korean cryptoindustry

The Korea Internet & Security Agency indicated a 360% increase in malware attacks in 2017
15 November 2017   1076

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.

Boerse Stuttgart to Launch Crypto Trading Platform

SolarisBank has a license to provide banking services in Germany and will become the banking partner of the exchange
13 December 2018   82

In the second half of 2019, the second largest stock exchange in Germany, the Börse Stuttgart Group, with the support of fintech company solarisBank, will launch a platform for cryptocurrency trading.

The official press release notes that solarisBank has a license to provide banking services in Germany and will become the banking partner of the exchange.

At the initial stage, the platform will support Bitcoin and Ether, and in the future, various tokens that will produce its own ICO-service of the exchange and will also be available in secondary markets.

Access to the trading platform will be available to both retail and institutional traders, and it will differ little from the existing securities trading platform.

In addition, the Boerse Stuttgart Group is awaiting approval by the regulator for the launch of a multilateral trading platform for cryptocurrencies, which will allow to compare the applications of buyers and sellers using electronic systems.

In April of this year, Sowa Labs, the Fintech division of the Stuttgart Stock Exchange, reported on the work on the Bison application for cryptocurrency trading. Its launch was expected in September, but so far has not yet taken place.

SolarisBank is also a partner of the Bitwala blockchain-start-up, which on the eve announced the launch of its updated cryptocurrency service offering users a single bank account with support for Bitcoin and Fiat.