Investigator Shows How Poor Crypto Exchange KYC Can Empower Criminals

Public company investigator Aurelius Capital Value called out Silvergate for doing business with Huobi Global, despite earlier proof of the exchange's poor KYC enforcement. The post Investigator Shows How Poor Crypto Exchange KYC Can Empower Criminals appeared first on BeInCrypto.

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Coinbase Patents AI Compliance System to Monitor and Flag Accounts

Popular U. S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action.

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Next-Generation Cryptocurrency Trading Platform Crix Speeds up Registration with Yoti KYC

Crix offers traders algorithmic trading with super-fast registration using Yoti  London, UK, November 12, – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process.

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Next-generation Cryptocurrency Trading Platform Crix Speeds up Registration with Yoti KYC

Crix offers traders algorithmic trading with super-fast registration using Yoti  London, UK, 11 November 2019 – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process.

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DACX ICO

Digital Asset & Commodity Exchange leverages artificial intelligence and high performance computing technology, optimized towards providing an efficient, secure and compliant marketplace with product solutions for both institutional grade and retail clientele.

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GlobalBitcoinsPro.com Enables Offline BCH Cash Trades

After the devastating news of the removal of offline cash trades and the new vigorous and intrusive KYC policy from popular P2P Exchange Platform the community needed an alternative. We’re happy to announce the arrival of GlobalBitcoinsPro.

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Bitcoin evangelist: KYC huge hurdle for exchange during bull markets

Recently, Bitcoin evangelist, Pierre Rochard, made an appearance on Peter McCormack’s podcast, WhatBitcoinDid. According to Rochard, there is, and always has been, value accruing to conversion between fiat currencies and Bitcoin.

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Deribit Bitcoin Futures Exchange Prepares to Enforce KYC in Line With AMLD5

Cryptocurrency traders using the Netherlands-based Bitcoin futures and options trading platform, Deribit, may soon have to undergo rigorous KYC and AML procedures. The change will come into effect starting early Jan 2020 and are in line with the guidelines prescribed by the fifth EU Anti-Money Laundering Directive (AMLD 5).

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John McAfee Launches Non-Custodial DEX on Ethereum

John McAfee finally launched his decentralized exchange, McAfeedex. com, after a day of teasers and shilling on Twitter. The launch, set for 5:00 GMT on Monday, is for the beta version of the exchange.

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Crypto exchange Mandala opens up for US signup/deposit

Crypto exchange Mandala opens up for US signup/deposit - CryptoNinjas Mandala, a new bitcoin and cryptocurrency exchange, has announced that US users can now begin the signup and KYC process.

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Swiftex Exchange ICO

Current crypto-exchange platforms offer little to no groundbreaking features and rarely does a platform entice the market with new functionalities. Swiftex changes that. Swiftex launches an ICO to include the world in an opportunity to implement substantial changes to the crypto-exchange market.

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John McAfee’s Decentralized Crypto Exchange to Start Beta Trials on October 7

John McAfee offers a preview of an upcoming announcement of his decentralized crypto exchange with no KYC, no restrictions by a high trading fee

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CryptoBridge Introduces Compulsory KYC Verification 

CryptoBridge, a gateway to the BitShares digital assets exchange, has announced that with immediate effect, all existing customers and new crypto traders on the platform must submit their verification documents to use the platform.

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Cryptocurrency Funds Trapped by ‘Decentralized Exchange’ Pending KYC Checks

A so-called decentralized exchange platform, CryptoBridge has surprised users today by suddenly introducing strict know-your-customer checks. CryptoBridge made the announcement that it would require customers to submit evidence of their identity with immediate effect.

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BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares decentralized exchange gateway CryptoBridge announces mandatory user identity verification

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Exchange and Spend Crypto as Easily As Cash with HOLD Crypto Exchange and Debit Card

One of the biggest barriers in the adoption of cryptocurrencies by an average person is the tedious method of acquiring crypto and subsequently using them for day to day activities. Jumping through hoops of Know Your Customer (KYC) and Anti Money Laundering (AML) checks only lands the interested person on an exchange that makes it […] The post Exchange and Spend Crypto as Easily As Cash with HOLD Crypto Exchange and Debit Card appeared first on NullTX.

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Traders Bemoan New Localbitcoins Identity Requirements

Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money laundering requirements.

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Lite.im wallet integrates Bity’s ‘KYC-less’ crypto exchange API

Lite. im wallet integrates Bity’s ‘KYC-less’ crypto exchange API - CryptoNinjas Swiss bitcoin and cryptocurrency exchange firm Bity, announced today the integration of its exchange API with messenger based cryptocurrency wallet LiteIM.

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Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’

KYC registration will begin prior to Binance.US’s launch in the coming weeks

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Binance US To Be Launched Soon, Will Require KYC Process In Order To Start Trading

The largest and arguably most important crypto exchange in the world, Binance, is finally ready for the launch of Binance US, the US-based version of its services. According to a recent blog post, the new platform will be live in a couple of weeks.

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Binance.US Exchange to Launch in the Coming Weeks with Mandatory KYC 

Binance is moving forward with the rollout of its US-based division

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Binance expands its margin trading platform with the addition of Monero, NEO

Malta-based cryptocurrency exchange, Binance, has been in the news all month for a host of reasons. The exchange had a rough beginning to the month after the exchange’s old KYC data was leaked on a Telegram group.

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LocalBitcoins’ New KYC Rules Raise Privacy Concerns

Can an exchange with KYC/AML be “decentralized”?

The post LocalBitcoins’ New KYC Rules Raise Privacy Concerns appeared first on Bitcoin Magazine.

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Who Needs Anonymity? IDEX Users Comply With New KYC Requirements

Last week marked the end of anonymous trading on IDEX, as the Ethereum-based exchange finalized the integration of KYC and AML protocols. As of last Friday, all users must have completed KYC and set-up an account in order to trade on the platform.

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Binance's KYC Hack Victims To Receive VIP Memberships

Though Binance has maintained that the know-your-customer hack earlier this month was not entirely made up of Binance users, those whose photos were successfully linked to the exchange will receive free, lifetime VIP membership accounts.

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Binance releases latest update on KYC ‘leak’ episode; points out discrepancies between leaked images & KYC data

Binance is no stranger to cryptocurrency hacks and scams, with $40. 7 million (700 BTC) being stolen from the exchange just recently. While Changpeng Zhao, the exchange’s CEO managed to alleviate concerns with informed communication, the exchange was also targetted by a leak of KYC documents.

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Research Shows Low-Quality Exchanges Dominate Crypto Trading Volume

Crypto exchanges with the lowest rating still dominate the industry, according to crypto analysis and pricing data provider, CryptoCompare. D-E Rated Crypto Exchanges Account for 64% of Trading Volume On Wednesday, CryptoCompare published a report on crypto exchange’s activity in July.

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Libra made lawmakers uncomfortable as they feared losing dollar dominance, suggests ShapeShift’s Voorhees

Cryptocurrency exchange ShapeShift is celebrating its 5-year anniversary and Erik Voorhees the founder and CEO of the exchange recently echoed his thoughts through a podcast by Epicenter, about the several happenings in the crypto ecosystem.

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Chicken Shit XRP Trading Manipulators May Find Beaxy In Their KYC

The biggest threat to cryptocurrency holders is bad code, as the latest exchange hack has shown. Beaxy, a recently launched exchange based in Nevis and St Kitts, will roll back a number of trades after falling victim to a little-known exploit in the XRP Ledger.

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Last Week Today: Bitcoin and Cryptocurrency Weekly Digest August 1st-8th

Binance KYC Data Leak Drama An Indictment Of Vulnerable Services Built Around Bitcoin In a data leak which is speculated to be linked to the hack back in May, which resulted in a theft of 7000 BTC from the exchange, nearly 60,000 Binance users' KYC data has been reportedly compromised. After failing to extort 300 […]

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SBI Holding’s VC Trade Crypto Exchange Integrates New KYC and AML Tech

Japanese VC Trade has adopted CoolBitX’s Sygna, a know-your customer and anti-money laundering compliance technology focused on digital currency transactions

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SBI Holdings’ Crypto Exchange VC Trade to Use CoolBitX Tech To Ensure Compliance With KYC/AML Standards

Tokyo based crypto exchange company that was started by SoftBank last year, VC Trade, has collaborated with blockchain security company CoolBitx for KYC. CoolBitX made the announcement alongside the launch of Sygna, its know-your-customer (KYC) and anti-money laundering (AML) compliance-focused cryptocurrency transaction and security solution.

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Japan crypto exchange SBI VC Trade adopts CoolBitX technology for user KYC

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceCoolBitX, a blockchain security company and creator of a bluetooth-enabled mobile hardware wallet for digital assets, announced today the successful adoption of its technology by leading Japanese exchange SBI VC Trade Co.

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Binance KYC Hacker Flip-Flops Between White Hat And Asking For Ransom

Pseudonymous hacker “Bnatov Platon," who claims to be in possession of 60,000 photos of Binance users and their IDs, has gone back and forth between claiming to be a white hat hacker who wanted to show the exchange's know-your-customer security was weak and blackmailing Binance for 300 bitcoin.

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BNB Dumps and Pumps on KYC Hack

Binance’s stock like token (BNB) began falling somewhat yesterday on rumors the identification documents of thousands of exchange users had been hacked. Binance itself denied it, stating their identification documents.

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SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards

VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.

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Binance Refutes KYC Hack Allegations

Binance has confirmed that an unidentified entity has contacted them claiming to have Binance KYC data and demanding 300 BTC in return for not leaking it online. The case is still being investigated internally, but since the exchange has decided not to cooperate with the entity, they began sending this data to media outlets, AugustRead MoreRead More.

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Binance’s Changpeng Zhao addresses “KYC leak FUD,” 25 BTC bounty offered

News resurfaced that Binance’s know-your-customer (KYC) data had been hacked and uploaded into a Telegram group, dubbed “Find Your Binance KYC. ” Several images of people holding their identities for the exchange’s verification process were posted in Telegram groups, causing customers to panic.

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Binance Investigating Alleged Leak Of Users' KYC Images

In what is said to be related to Binance's May hack that saw the crypto exchange lose 7,000 bitcoin, an individual claims to be in possession of more than 60,000 images Binance customers uploaded to the platform as part of the know-your-customer process.

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Binance releases statement on false “KYC leak” with 25 BTC reward for info

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBinance, one of the world’s largest cryptocurrency exchanges, has responded to the “KYC Leak” that has been circulating on social media for a while now.

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Binance Rebukes 'KYC Leak FUD' as Controversy Roils Bitcoin Giant

Binance is currently running interference against what it views as a “fear, uncertainty, and doubt” campaign against the Bitcoin exchange giant. The objective of its perceived attackers seems to be making Binance users believe that their know-your-customer or private information is not private at all.

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Binance Exchange Investigates KYC Data Leak Allegations

Once again, a hacker made allegations on possessing data gathered during the trader monitoring process on Binance.

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Binance KYC Hacked, 25 Bitcoin Reward Offered

The personally identifiable data of 10,000 Binance users appears to have been hacked, with one of the biggest crypto exchange stating: “We would like to inform you that an unidentified... The post Binance KYC Hacked, 25 Bitcoin Reward Offered appeared first on Trustnodes.

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Binance KYC Hack: CZ Denies That Scammers Stole Thousands Of Users Data

Reports have been going around that the Binance Crypto exchange was allegedly hacked as “Thousands of KYC users data” were on Telegram messenger. The solicitude of the major exchange users occurred when the photos of passports and identity cards allegedly owned by Binance users appeared on the Telegram channel named “FIND YOUR BINANCE KYC”.

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Binance KYC Photos Data Breach “False” But Exchange Investigates, Hacker Demands 300 BTC

A malicious hacker claims to have released Binance exchange customer data and that there’s more to come unless millions of dollars in bitcoin (BTC) is handed over. Binance has issued a statement denying that it...

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Binance Issues Statement on ‘False KYC Leak’; CEO Comments

Binance has formally denied that it has lost control of some of its user data as rumors continue to swirl around a possible hack. Hacker ‘Extorting’ Binance In a statement issued August 6, the major cryptocurrency exchange said it was investigating the claims, which revolve around a hacker demanding 300 BTC in return for withholding traders’ personal data, including passports.

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Scammer Demands 300 Bitcoin From Binance in KYC Data Ransom

News is emerging that the world’s largest crypto exchange, Binance, has been the victim of an attempted ransom demand from a scammer. The attacker threatened to release KYC information if the company did not cough up 300 Bitcoins.

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LedgerX запускает в США первые регулируемые поставочные биткоин-фьючерсы

Американская криптовалютная платформа LedgerX официально запустила первые поставочные фьючерсные контракты на биткоин, обогнав Bakkt, поддерживаемую Intercontinental Exchange, и ErisX, поддерживаемую TD Ameritrade.

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Обыграв Bakkt: Криптовалютная платформа LedgerX запустила первые в США поставочные фьючерсы на биткоин

Американская криптовалютная платформа LedgerX официально запустила первые поставочные фьючерсные контракты на биткоин, обогнав Bakkt, поддерживаемую Intercontinental Exchange, и ErisX, поддерживаемую TD Ameritrade.

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