Crypto M - Crypto News
2.55K subscribers
15.9K photos
190 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Ransomware Attack Disrupts Sanxenxo City Services in Spain

A ransomware attack has targeted the city government of Sanxenxo in Spain's Galicia region, encrypting thousands of administrative files and blocking system access. According to ChainCatcher, the hackers demanded a ransom of $5,000 in Bitcoin.

The attack occurred on January 26, causing a complete shutdown of municipal servers and disrupting essential services in the city, which has a population of over 17,000 residents. The city government has reported the incident to the Spanish Civil Guard and has refused to pay the ransom. Instead, they are implementing daily backups to restore the system.


#RansomwareAttack #Sanxenxo #Spain #Galicia #CityServices #CyberAttack #BitcoinRansom #CivilGuard #SystemDisruption #DailyBackups #DataRecovery #BTC
🚀 UBS Addresses Global Technology Outage Affecting Trading Operations

UBS is actively addressing a global technology outage that occurred on Tuesday, impacting parts of its trading operations. Bloomberg posted on X, highlighting the disruption's effect on the bank's ability to conduct certain trading activities. The Swiss banking giant is working to resolve the issue and restore normal operations as swiftly as possible. The outage underscores the challenges financial institutions face in maintaining seamless technological infrastructure in a rapidly evolving digital landscape. UBS has not provided further details on the cause of the outage or the specific areas of trading affected. The bank is committed to minimizing the impact on its clients and ensuring the stability of its trading systems.

#UBS #TechnologyOutage #TradingOperations #FinancialInstitutions #DigitalInfrastructure #Banking #GlobalFinance #SystemDisruption #MarketImpact #TechIssue