Today's Hot Topics

CZ Recalls Initial Reaction to Binance Hack

The CEO of Binance, Changpeng Zhao (CZ) has described his reaction following the hack of Binance earlier this month. He starts off by being quite blunt saying: “I am not gonna deny it. My first reaction was: “F***!”, the second and third reactions were also the same. A few moments after that, I began to come to terms with it, “Well that sucks! What do we do now? Lots of people are waiting for me, some for instructions, some for information and some for reassurance. Lots to do, let’s just get on with it.” When I checked in with the...

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Great Scott! Everything you Need to know about Kraken’s New Bnk to the Future Platform

If you’re a long time crypto investor/enthusiast, you will have more than likely heard of the Kraken cryptocurrency exchange. Founded in 2011, the exchange is very popular and provides cryptocurrency to fiat trading and now, Kraken is planning to be selling tokenised stock through ‘Bnk to the Future’, a regulated-compliant investment platform that allows less accredited investors purchase shares in cryptocurrency companies. Great Scott! Investors who have registered on Bnk to the Future’s platform will have to make a deposit of $1k minimum. They will then have until 20th June to invest in the San Francisco-based exchange, which calls itself...

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Stolen Cryptopia Funds End up on ‘Major Exchange’

One of the biggest things that plague the crypto space is exchange hacks, with a lot of renowned platforms falling victim to security breaches. Binance is a good example of this, as a few weeks ago, the world’s biggest crypto exchange was hacked thanks to a flaw in security to which 7,000 Bitcoins were stolen. Whereas the Binance hack was bad and came as a shock to many, it wasn’t as bad as the Cryptopia hack earlier in the year. The New Zealand-based exchange lost almost all of its Ethereum holdings to hackers. Following a security breach in mid-January this...

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How Ledger Benefitted from the Binance Hack

The recent security breach on Binance had a knock-on effect for the whole ecosystem. Aside from prices, a lot of crypto investors were doing everything they could to increase their security as much as they could to keep their investments safe. The CEO of Ledger, Pascal Gauthier has explained that after the news broke about Binance, the sales of the Ledger’s hardware wallets doubled: “Binance got hacked, and the day Binance got hacked, our sales doubled.” Secure Ledger The French company is behind the manufacturing of hardware wallets. No one would have expected Ledger’s quick rise to the top as...

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$1.2 Million BNB Given Away By Binance Following Hack

The world’s biggest cryptocurrency exchange, Binance has been under fire the past weeks after it experienced a hack following a security breach on its platform. Although that being said, many members of the community stood by Binance in their time of need with Justin Sun of TRON offering a helping hand to the exchange during the crisis. Yesterday though (15th May), the exchange came back online after they lost 7,000 Bitcoins were stolen from the platform. 🚨 Trading is now LIVE! 🚨Thank you, for all of your patience and incredible support. 💛 pic.twitter.com/DPZhBLLyL4 — Binance (@binance) May 15, 2019 So...

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