What is Petya the virus?

New ransomware attacked computers all over the world
27 June 2017   1867

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

Today, 27th of June, ransomware called Petya infected computers all over the globe. First countries under attack were Ukraine and Russia. It locks the computer and demands 300$ in Bitcoins to unlock it. 

petya logo
Petya's logo

Virus is known since 2016. It spreads thru spam, masks under the resume. Uninstructed user clicks on it, type-in the administarors' password, reboots the PC and gets blocked. 

In 2016, virus sent users to a deepweb site with instructions how to pay for unblocking. Now, only email is stated where user should write for further instructions. 

Today, virus infected, for example, computers of Russian banks, "Rosneft", and bunch of governmental institutes and big companies in Ukraine (Ukrainian Railways, Cabinet of Ministers, Boryspil Airport, UkrMail, Kiev Subway, Ukrenergo, banks and mobile operators).

Screenshot from injected PCScreenshot from infected PC

Specialists note that part of Petya, responsible for blocking, intercepts the management of the computer at the earliest stage of the download. It is written by highly qualified programmers.

The easiest way to secure your PC from ransomware is not open suspicious email. 

Bakkt to Unveil Bitcoin Futures Test Date

Along with date announcement, COO Bakkt believes the platform will attract institutional investors and set new standards for the cryptocurrency market
14 June 2019   237

The Bakkt cryptocurrency platform has named the exact start date for testing Bitcoin futures. The first users will be allowed to test the tool on July 22.

According to Bakkt's Operations Director, Adam White, the platform will attract institutional investors and set new standards for the cryptocurrency market.

White pointed out that the wider distribution of cryptocurrencies, in particular, is hampered by unreliable pricing mechanisms and the likelihood of instantly falling rates.

Along with these problem-solving solutions that are new to digital asset markets, Bakkt also brings all the other features that institutions would expect in a versatile and broadly accessible market, including: block trades; a fee holiday through the end of the year to encourage trading; market maker incentive programs to encourage liquid markets; and integrations with ISVs and regulated brokerage platforms.

Adam White

COO, Bakkt

At Bakkt, two futures contracts will be presented - with daily and monthly settlements. Risk management and the securing mechanism for these contracts will meet the standards of the traditional derivatives market.