The Lightning Torch: How the Community United to Teach Jack Dorsey About Feeless, Rapid Off-Chain Transactions

Over the last few weeks, the Lightning Network — Bitcoin’s off-chain scaling protocol — has made waves. Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability problem and even potential competitor to […]

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Crypto Exchange Kraken Makes 2FA Mandatory and Forms New Security Lab

United States-based cryptocurrency exchange Kraken announced that two-factor authentication is now mandatory for the exchange’s users. Nick Percoco, chief security officer at United States-based cryptocurrency exchange Kraken, announced that two-factor authentication (2FA) is now mandatory for the exchange’s users in a post on the company’s official blog published on March 26. 2FA, in this case, […]

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Crypto Exchange CoinBene Assures Users That Prolonged Maintenance Not Due to Hack

Cryptocurrency exchange CoinBene has officially reassured users that its prolonged maintenance downtime is not due to a hack, as some had feared. Top-ranked cryptocurrency exchange CoinBene has reassured users that its prolonged maintenance downtime is not due to a hack, as some community members had feared. The exchange made its official announcement in an official […]

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YouTube Reportedly Runs Malicious Ad for Bitcoin Wallet Electrum by Accident

Google-owned video-sharing platform YouTube reportedly ran a malicious ad for the Electrum Bitcoin wallet by mistake. Video-sharing platform YouTube purportedly ran a malicious advertisement for Bitcoin (BTC) wallet Electrum by mistake, according to a Reddit post published on March 26. Viewers interested in the advertisement were redirected to a malicious link using a common scamming […]

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Binance Partners With Risk Management Firm IdentityMind for KYC and AML Compliance

Binance has partnered with risk management firm IdentityMind to address the exchange’s KYC and AML compliance. The world’s largest crypto exchange, Binance, has partnered with risk management and compliance firm IdentityMind, Binance announced in a blog post on March 26. The companies have teamed up to address data security and compliance measures for Binance’s global […]

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