News Hackers Extort $11 Million from Japanese Gaming Giant

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Hackers Extort $11 Million from Japanese Gaming Giant
Japanese gaming giant Capcom discovered a security brench that that resulted in unauthorized access to files and systems. Starting in the early hours of November 2, 2020, several Capcom Group networks struggled to disrupt access to specific systems. Capcom’s risky data includes document files, passports, sales reports, bank statements, contracts, and several strategic information databases. The company has suspended some operations on its internal network since then. A cybersecurity expert Pancak3lullz was able to analyze fragments of the malware’s code and notify Bleeping Computer that Capcom was affected by ransomware developed by a group called Ragnar Locker. According to Pancak3lullz, Ragnar Locker could encrypt 2,000 devices on the Capcom network by asking for $ 11,000,000 in bitcoin to get the key to decrypt nearly two terabytes of information that is currently not available to Capcom. Capcom is currently consulting the police and other relevant agencies while conducting an investigation and taking steps to restore its systems.

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On November 6, OKEx exchange claimed that all the speculations about the executive’s arrest are just rumors. “Claims that a concerned party related to OKEx is under criminal detention have been refuted — we can confirm that these are rumors,” OKEx said. Last month, OKEx suspended all cryptocurrency withdrawals citing that one of the exchange’s key holders has been “out of touch”, hence, all “associated authorization” for withdrawals had been prevented. The exchange added that its key-holder was “cooperating with a public security bureau” concerning ongoing “investigations,” which it said didn’t have anything to do with OKEx. OKEx resumed peer-to-peer (P2P) trading amidst the suspension, for Chinese yuan, Vietnamese dong, and Indian rupee a few days after the withdrawal suspension.

The post OKEx Denies Rumors About its Founder’s Criminal Detainment appeared first on HYIP.com - Online Investment Starts Here.

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According to Google Trends, Cuba is currently ranked second in terms of Bitcoin interestб behind only Nigeria. The Federal Republic of Nigeria has headed the list since April 2020. South Africa, Cameroon, and Ghana are in the top 5 ‘bitcoin” search request. Cuba’s rise in Bitcoin-related searches comes amid reports of Cubans increasingly turning to crypto to circumvent sanctions imposed by the US and gain access to digital financial services. As major digital payment firms like PayPal and Stripe are reportedly not available for Cuban citizens, the global pandemic-fueled travel restrictions have made local payments even more complicated. The mainstream adoption of cryptocurrencies has reportedly grown this year amid the ongoing global pandemic. African countries witnessed a massive growth in crypto adoption this year.

The post Cubans Showing Keen Interest in Bitcoin – Google Trends appeared first on HYIP.com - Online Investment Starts Here.

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