In Kaspersky’s report, the company reveals the malware — dubbed “AppleJeus” — made its way into the systems of an unnamed exchange after an employee downloaded a “tainted” app. Kaspersky now believes the app came from a fake developer with fake security certificates in a major operation by North Korean hacker collective Lazarus Group. The malware aimed to steal cryptocurrency funds, Kaspersky claims, in what marks the latest in a spate of both successful and failed attempts by North Korea in the crypto hacking space. Kaspersky’s report states that in order to “ensure that the OS platform was not an obstacle to infecting targets, it seems the attackers went the extra mile and developed malware for other platforms, including for macOS,” noting: “A version for Linux is apparently coming soon, according to the website.
Susquehanna Is Opening Crypto Trading, Starting with BTC Futures
American global trading and technology firm Susquehanna International Group is opening cryptocurrency trading to its clients, initially in the form of Bitcoin (BTC) futures, the New York Times reported June 5. The company, based in Bala Cynwyd, Pennsylvania, is one of the largest financial firms in the world, trading traditional investments, such as stocks, options, and exchange traded funds (ETFs). The privately-held company has also built a trading desk for the purchase and sale of cryptocurrencies in private deals over the past two years.
Bitcoin Buying on the Rise Again in Venezuela 2018
American global trading and technology firm Susquehanna International Group is opening cryptocurrency trading to its clients, initially in the form of Bitcoin (BTC) futures, the New York Times reported June 5. The company, based in Bala Cynwyd, Pennsylvania, is one of the largest financial firms in the world, trading traditional investments, such as stocks, options, and exchange traded funds (ETFs).
US Crypto Exchange Signs Agreement to Offer Fiat-Crypto Trading to Corporate Clients
Seattle-based crypto exchange Bittrex has signed a banking agreement that will allow corporate investors to trade selected cryptocurrencies for fiat, Bloomberg reports today, May 31. Bittrex, which supports over 200 cryptocurrencies and reportedly has over 3 mln customers worldwide, will cooperate with New-York based Signature Bank to launch fiat trading for Bitcoin(BTC), Tether and TrueUSD. Speaking of the new banking deal, Bittrex CEO Bill Shihara is quoted as saying that the process “had been a long path”: “They really do look and pore through the entire business.
Japanese Gov’t-Licensed Crypto Exchange Acquired By International Investor for $50 Mln
Japanese crypto exchange BitTrade has been acquired for S$67 mln ($50 mln) by a Singaporean multi-millionaire and entrepreneur, Asia One reported yesterday, May 30. The acquisition will see Mr. Eric Cheng take a 100 percent stake in BitTrade Co., Ltd, one of only 16 domestic crypto exchanges to receive a license from Japan’s financial watchdog, the Financial Services Agency (FSA). Cheng is also acquiring BitTrade’s affiliate company
Spanish Central Bank Governor Believes Crypto Brings More Risk Than Benefit
The governor of the Bank of Spain has come out in favor of the possibilities of blockchain, but against the risks of cryptocurrencies, local news outlet Europe Press Financial reports Wednesday, May 23. Luis María Linde referred to blockchain as a technology that “offers interesting possibilities,” but is yet “not quite mature” in a speech at a meeting of leaders of the financial sector organized by Deloitte and two Spanish organizations.
Tom Lee Holds to $25,000 Bitcoin Price Prediction, Cites Three Supporting Factors
Co-founder and Fundstrat strategist Tom Lee is holding to his prediction that Bitcoin (BTC) will reach $25,000, CNBC reports May 23. Lee identifies three key factors that make him believe the price will surge past the 2017 high. On Wednesday, BTC dropped below $8,000 and traded around $7,500, losing most of the gains it made from mid-April to early May. With Wednesday's plunge, BTC is now down 41 percent this year. Lee believes the drop is only due to “typical crypto volatility”, and explains his bullish stance with three major factors.
Swiss Government Requests Study on State-Backed Digital Currency
The Federal Council of the Government of Switzerland has requested a report on the risks and opportunities of introducing its own state-backed digital currency, or so called “e-franc”, Reuters reported May 17. The Federal Council moved to investigate the subject at the prompt of Swiss lawmaker and vice-president of the Social Democratic Party, Cedric Wermuth. Now, the lower house of the Swiss parliament has to decide whether to support the Federal Council’s request for research. Should the proposal be approved, the Swiss Finance Ministry will conduct a study on the subject.
Fidelity Brings Bitcoin Tracking to Traditional Investor Portfolios
Fidelity users can now track their bitcoin and cryptocurrency investments alongside more traditional assets. Announced today, the company's R&D and innovation unit, Fidelity Labs, is formally partnering with cryptocurrency startup Coinbase to make the feature available. Fidelity customers must already have a Coinbase
Ether Tops $300 as Price Rises to 30-Day High
The price ether, the cryptocurrency that powers the ethereum blockchain, hit a high above $300 today, rising to a press-time total of just over $307. With the move, the price climbed to its highest total since June 30, according to data from Coinmarketcap, a time when it was descending from all-time highs set in early June amid a wave of initial coin offerings (ICOs) on the platform. Still, ether appears to be bucking its recent downtrend
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