Phantom Squad hackers extort Bitcoins

Phantom Squad hackers extort Bitcoins from hundreds of companies around the world
25 September 2017   2598

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.

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   332

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.