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Binance Bolsters Security Measures Following $40 Million Bitcoin Hack

Binance CEO Chanpeng Zhao wrote in a blog, May 10, 2019, that they’re making significant changes to their security methods in the wake of the recent hack. Strengthening Defenses and Tracking Hackers On May 7, 2019, the largest cryptocurrency exchange Binance was hacked and a hefty amount of $40 million was stolen from its hot wallet. дальше »

2019-5-11 13:00


Binance CEO Reveals New Details of ‘Damaging’ $44 Million Bitcoin Hack

By CCN: On May 10, Changpeng Zhao, the CEO of Binance, the world’s largest crypto exchange, released a security incident update regarding the firm’s loss of 7,000 bitcoin. Following the high-profile security breach of the exchange during which sophisticated tools and methods were used to steal $44 million from Binance, the firm swiftly revamped its security measures and practices. дальше »

2019-5-10 13:00


Tether’s [USDT] ‘arbitrage opportunities’ increased by 5% on Kraken following Bitfinex fiasco

As Tether/Bitfinex controversy continues to brew, the oldest stablecoin, a new twist to the tale brings the US-based cryptocurrency exchange, Kraken into the pot.  According to the recent Diar report, Tether reserves dropped by 26%, following which, the stablecoin’s “arbitrage opportunities” increased by 5% on one of the leading exchange, Kraken. дальше »

2019-5-8 21:30


Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal

On Thursday, the cryptocurrency market took a major hit, dropping more than $10 billion in market cap following allegations surrounding Tether (USDT). According to a press release officially published on the New York Attorney General website, iFinex Inc which is the company behind Bitfinex crypto exchange and Tether Limited, covered up a loss of $850 […] The post Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal appeared first on ZyCrypto. дальше »

2019-4-27 09:00


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


BitGo Accomplishes SOC 2 Type 2 Compliance Certification After Deloitte Award, Gemini’s Type 1 Pass

BitGo Goes Through SOC 2 Compliance Certification, Following Deloitte Award Security is one of the most important factors in ensuring that any blockchain or crypto platform can be trusted. Users want to know that their funds and their assets are secure, whether they are individual investors or major companies. In January, the Gemini exchange made […] дальше »

2019-4-24 23:15


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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »

2019-4-24 22:55


Binance Officially Launches DEX, Sparks New Era of Decentralized Crypto Exchanges

By CCN. com: The world’s largest crypto exchange Binance has launched Binance Decentralized Exchange (DEX) on April 23 following the official release of the Binance Chain mainnet. Binance DEX, a non-custodial and decentralized exchange that operates on top of the Binance Chain blockchain protocol, enables users to trade crypto assets while maintaining full control over their funds at all times, processing trades on the blockchain. дальше »

2019-4-23 13:40