2020-9-24 03:03 |
A former employee’s actions did not cause ‘damage or loss, in any amount’ to the exchange.
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The head of Binance, Changpeng Zhao, says he met a person from a rival Chinese exchange whose job in the past was to damage CZ?s reputation as a crypto influencer
2020-4-27 13:31 | |
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Binance has announced the launch of a fundraiser to help remedy the damage caused by the Australian bushfires. Binance to the Rescue The project is led by the Binance Charity Foundation, the philanthropic subsidiary of the exchange giant.
2020-1-8 16:06 | |
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North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information.
2019-6-1 00:54 | |
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As chaos ensued following the hack for the world’s largest cryptocurrency exchange, Binance saw the support of many luminaries in the crypto-verse. To repair the damage, well-known personalities of the space extended support.
2019-5-12 01:00 | |
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After the recent Binance hack that resulted in the loss of 7000 BTCs, Binance CEO Changpeng Zhao made numerous efforts to calm the resultant panic. Prominent crypto-players such as John McAfee and Justin Sun also extended their support through various tweets, for the beleaguered exchange.
2019-5-11 19:30 | |
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Chinese crypto exchange Binance suffered a major hack on Tuesday, which the company’s CEO responded to by proposing a rollback of the Bitcoin blockchain to rectify — a suggestion that riled up the community.
2019-5-8 21:39 | |
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The head of cryptocurrency exchange Binance responded to a 7,000 BTC ($40 million) hack with an outlandish idea: take over the entire Bitcoin blockchain and cancel the transactions. A major digital asset exchange openly colluding with cryptocurrency mining pools to reverse transactions would certainly be bad for PR.
2019-5-8 13:31 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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Ripple is currently facing a legal battle to avoid XRP being considered a security by the U. S. Securities and Exchange Commission (SEC). It has been a tough year for Ripple and the XRP digital asset.
2019-2-16 23:54 | |
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January 15th this year marked the first time a crypto exchange had been hacked in 2019. The exchange that was affected was the New Zealand based Cryptopia. The exchange has since been on maintenance as the team at Cryptopia continues to assess the damage and losses made during the hack.
2019-1-23 16:06 | |
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New Zealand-based cryptocurrency exchange Cryptopia, hacked on 14 January, has not yet officially disclosed the damage caused by hackers. But crypto enthusiasts did preliminary calculations, tracking transactions from the exchange after the hack.
2019-1-21 13:21 | |
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New Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2. 5 to $3. 5 million; The attack was confirmed in the late hours of Jan.
2019-1-16 08:49 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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The exchange maintains it has been falsely accused. Regardless, its reputation rests in the balance.
2018-10-3 22:03 | |
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Monero developers just publicly disclosed a potentially devastating XMR-burning bug. If exploited, the bug would have allowed attackers to drain Monero from exchange wallets for the cost of a few transaction fees.
2018-9-26 02:03 | |
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Breaking news out of Japan today comes as yet another cryptocurrency exchange is hacked, seeing around $60 million worth of Bitcoin, Bitcoin Cash and MonaCoin lifted from Zaif, a Japanese based cryptocurrency exchange.
2018-9-20 16:30 | |
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Yesterday, news came out regarding allegations made against Coinbase that suggested as much as 20% of all of the Coinbase trading volume came from internal trades, trades made by members of staff at the exchange.
2018-9-20 13:00 | |
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Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million.
2018-9-20 10:25 | |
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What follows is an open letter from Jimmy Zhong, co-founder and CEO of IOST, to his team members and shared with Bitcoin Magazine with permission. Recently, I’ve been thinking about an ultimate way of safely storing value — gold, Bitcoin, real estate and power all came to mind.
2018-8-23 22:20 | |
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Incodium presents a solution that is simple, actionable and transparent. Investors are eligible to receive Incodium coin into their Incodium Mobile Wallet as compensation for exchange hacking damage incurred on an exchange where Incodium coin is lited, with respect to all types of coins lost during exchange hacking incident.
2018-8-6 21:44 | |
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The exchange has offered users some options to recover their cryptocurrencies. Japan Confirms Entrance Into the Crypto Space Services Resumed Coinrail reported that it was hacked on June 10 with an estimated damage of about 45 billion won (~US$40 million).
2018-7-17 01:40 | |
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The South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government.
2018-7-11 22:20 | |
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Bithumb, the South Korean cryptocurrency exchange are no strangers to being hacked. With this in mind, they have developed quite the approach for dealing with the hacks, so I guess in this respect, at least they are now quite experienced in dealing with their customers best interests in the wake of such events.
2018-7-1 11:00 | |
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The exchange stated: “We have announced about 35 billion Korean won of damages … Bithumb is reducing the amount of damage through ongoing damage recovery, future figures are expected to be lower.
2018-6-21 20:30 | |
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Bitcoin’s rolling 30-day annualized volatility has declined to about 61 percent from the highs of over 150 percent in 2017. Earlier this month, the hacking of the South Korean exchange Coinrail allegedly led to a sharp fall in the cryptocurrency prices.
2018-6-21 23:24 | |
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Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.
2018-6-20 20:25 | |
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Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.
The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges.
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.
The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement.
A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order.
The freeze resulted from a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets.