Riot Blockhain to Open Exchange in US

Riot Blockchain shares jumped in price to $38.60 from $4.50 due to its blockchain "rebranding"
29 March 2018   1085

The former biotech company Riot Blockchain filed a public application with the Securities and Exchange Commission (SEC) on the opening in the US of a platform for trading crypto and futures. This is reported by CCN.

According to the document, the company plans to "explore the launch of the exchange of digital currencies and brokerage operations in futures." To this end, Riot Blockchain acquired a futures broker from Miami Logical Brokerage Corp, registered with the Commodity Futures Trading Commission (CFTC), and a member of the industry trade group at the National Futures Association (NFA).

Riot Blockchain became known as one of the first companies that changed the name at the end of last year, adding the word "blockchain" to it. Against the backdrop of this news, Riot Blockchain's stock price rose at a high from $ 4.5 to $ 38.6.

At the end of February, investors filed three collective lawsuits against Riot Blockchain. They accused the firm of "breaking securities laws, manipulating stock prices, and providing false and misleading information."

The legal investigation firm, Hines Keller and Hernandez, classified such statements as the fact that the main executive offices of Riot Blockchain were located in Florida, not in Colorado. In addition, the company was not going to hold annual meetings scheduled for December 28, 2017 and February 1, 2018.

China to Finance Hacker Attacks on Exchanges, - FireEye

Experts believe that the victims of APT41 are industry participants, the development of which is a priority in the current Chinese five-year period
08 August 2019   247

The hacker group APT41 attacks companies in the areas of healthcare, telecommunications, fintech, media, and cryptocurrency exchanges. This activity is funded by the Chinese government, according to analysts of cybersecurity company FireEye.

Experts believe that the victims of APT41 are industry participants, the development of which is a priority in the current Chinese five-year period.

Industries Targeted by APT41
Industries Targeted by APT41

At the same time, APT41 pursues its own goals, extracting financial benefits from attacks, which is unusual for other groups under the Chinese government, according to FireEye.

APT41 is known to include at least two people with the pseudonyms Chzan Xuiguan and Wolfji. The group probably has connections with other hacker organizations like BARIUM and Winnti.

FireEye also evaluated at what time of the day the APT41 attacked the gaming industry (its core target) and businesses from other areas. It turned out that this was happening outside the framework of a standard working day - probably these people, among other things, have the main job.

APT41 Operational Times
APT41 Operational Times

According to the UN Security Council, hackers under the DPRK government stole about $ 2 billion from banking institutions and cryptocurrency exchanges.