Phantom Squad hackers extort Bitcoins

Phantom Squad hackers extort Bitcoins from hundreds of companies around the world
25 September 2017   914

A group of hackers from Phantom Squad threatens hundreds of companies around the world with DDoS-attacks, demanding ransom in Bitcoins.

As reported, mass spam-campaign has begun on September 19th. The extortionists demand to transfer 0.2 BTC (slightly more than $750 at the current rate) to their Bitcoin-wallet until September 30th, and promise that after this date the amount will increase to 20 BTC, increasing by 10 BTC daily.

For now, it's rather difficult to count the exact number of the letters sent by the hackers. However, in social networks plenty confirmations of the mass character of the mailing can be found.

In addition, the network security experts at Radware doubt that the threat group is a genuine Phantom Squad, since the latter is known primarily for attacks on Xbox Live, PSN and Steam game services. On top of that, malicious users may simply not have enough resources for a DDoS attack on such a number of targets, experts say.

It is also noteworthy that the "Sender's Name" line of the hacker mailing lists a certain Mr. Smith, which may be a reference to the recent attack on HBO.

HTMLCoin swap process comes to an end

On March 27 HTMLCoin finalizes the swap procedure of old HTML5Coin into HTMLCoin at a rate 3:1 and thus the migration to a new blockchain will be officially completed
21 March 2018   30

In full accordance with the swap schedule, March 27 marks the end of the swap procedure of the old HTML5Coin token into new HTMLCoin token. This final stage of the swap that lasted roughly 14 days is considered to be late stage and thus the rate is 3 (old) : 1 (new).

A special web form was prepared so that the users could fill it out and perform the swat themselves (therefore it was called 'Self-swap service'). The users can use this form for both the HTML5Coin wallet addresses and YoBIT exchange withdrawal code called 'Yobit code'. The HTMLCoin team warns that sometimes the YoBIT exchange withdrawal function may not work and recommends repeating the procedure later or contact HTMLCoin support for help with the withdrawal.

The actual swap are going to be handled on Saturday, March 31. The official end date of the swap procedure is set on March 28. This swap is due to the migration of HTMLCoin to a new blockchain with new features for freelancers and segregated minorities (e-learning programs, job hunting and connections, freelance mobile app). These rich features all aim to empower freelancers and vulnerable communities to new bold opportunities, learn new skills and apply them immediately. Freelancers-Business platform is set to connect companies and freelancers to help adopt these innovative concept.

As of the moment of publication, the HTMLCoin market indicators are as follows:

Average price: $0.000541

Market cap: $35,579,234

Volume (24h): $70,079