Binance Confirms Trading Relaunch for May 15 as Upgrade Completes

Cryptocurrency exchange Binance has confirmed it has completed a major system upgrade and will relaunch its trading platform at 13:00 UTC on May 15. Binance, which lost over 7,000 BTC (at the time $41 million) in a hack earlier this month, froze deposits and withdrawals altogether before a limited return to operations this week. A subsequent notice stated developers would […]

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Binance Halting Trades, Deposits and Withdrawals in System Upgrade

Leading cryptocurrency exchange Binance will be undergoing a system upgrade starting at 11PM EST. According to the post published on the official exchange website, Binance will be suspending trades, deposits and withdrawals during the planned maintenance, which will take approximately 6-8 hours. In the update Binance states that deposits not finished by the start of the update will be forced […]

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Binance hack: CZ gives latest security updates, Bitfinex announces Blockstream Liquid Network integration and more

Crypto News – 10 May Basic Attention Token spikes: Popular crypto, BAT, surged by 23% over the past 24 hours, to gain back the loss in value it had incurred during the fall yesterday Read more at https://bit.ly/2WyoVNa Tron releases DApp report: Tron Foundation’s DApp report had more good news for the ecosystem after it revealed that smart contracts and 24 hour trading […]

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Crypto Exchange Binance Says It's Revamping Security in Post-Hack Update

Cryptocurrency exchange Binance said it is revamping security measures after losing some 7,000 bitcoin worth over $40 million in a hack earlier this week. “Significant” changes related to its application programming interface (API), two-factor authentication (2FA) and withdrawal validation are being made, Binance CEO Changpeng Zhao said in a blog post published on Friday. The exchange did not disclose more […]

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Binance Loses 7070 BTC in a Major Security Breach

Upon the discovery of a large-scale security breach, Binance shut down deposits and withdrawals on the 7th of May, initially posting it over Twitter on the exchange’s CEO account as “unscheduled server maintenance.” Soon after however, the Binance team came out with the realization that a large number of API keys, 2FA codes, and other info has been compromised, which […]

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Cryptocurrency Daily Roundup – May 8

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. Over 300 Bitcoin ATMs opened in April 307 new Bitcoin ATM machines (BATM) were installed across the world last month, according to Coin ATM Radar. With 99 machines closing in the same period, a total of 4703 BATMs are currently operational. […]

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