Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. A filing with the United States Patent and Trademark Office on Nov. 19 details a system containing […]
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Crypto exchange UpBit announced that 342,000 ETH worth about $50 million were sent to an unknown wallet. Major South Korean cryptocurrency exchange — run by a subsidiary of Korean tech giant Kakao — has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. The incident was confirmed in an official statement […]
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Crypto exchanges handle the greatest part of cryptocurrency trades carried out every single day. But how did their security measures change over the years? Bitcoin was designed as a peer-to-peer cryptocurrency, but as the network expanded, there was no way to avoid the growing influence of centralized crypto exchanges. Soon after Bitcoin’s launch, more people […]
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Security researcher finds that password data and personal information of 1.4 million users of GateHub cryptocurrency wallet service have reportedly been dumped online. A security researcher behind the data breach index site “Have I Been Pwned” said that password data and personal information of 2.2 million users of two websites have been dumped online. On […]
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Even though BitMEX is trying to brush aside its recent email leak, many industry personnel seem to think the matter is serious. On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing […]
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The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. The United Nations Security Council’s Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As […]
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BitMEX has not sent mass emails to its customers since 2017, the exchange said in an official statement on the recent email leak. BitMEX, the biggest crypto exchange by trade volume to date, says that no other data except email addresses has been disclosed in a recent email leak. “At no point were any of […]
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Lawyer Jake Chervinsky raised the question of whether exposing the public to risks with KYC requirements is worth enduring the risks. In the aftermath of the recent BitMEX data leak, lawyer and general counsel at decentralized finance startup Compound Finance Jake Chervinsky raised the question of whether exposing the public to data risks that Know […]
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As institutional investors move toward crypto, tight security is necessary. Facebook recently made its entry into the world of institutional blockchain and cryptocurrency with the announcement of Libra. It garnered so much attention that lawmakers in the United States are holding hearings to review the project. Walmart has been flirting with crypto and blockchain for […]
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Have you ever thought about how big crypto transactions affect the crypto markets? Learn more about whale movements here. Has the crypto industry developed any type of solution for such transactions? Crypto auctions, algorithmic trading and over-the-counter (OTC) desks are designed to transfer large amounts of crypto. In cases when you want to trade your […]
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