BTC takes punch to the gut with SEC ruling, Binance glitch. Business 9 March 2018 . Erik Gibbs . It shouldn’t come as much of a surprise, but judging by the market reaction, several events this week had a significant impact on cryptocurrency, particularly legacy Bitcoin (BTC). The U.S. Securities and Exchange Commission (SEC) has announced that cryptocurrency platforms will be obligated to ... The hack impacted Binance’s so-called “hot wallet,” which is basically storage that connects to the internet and is used for liquidity so bitcoin can be exchanged. According to Binance, just ... Bitcoin Scams: Complete List of Cryptocurrency Hacks, History & Help by BitcoinExchangeGuide. Hello valued visitors, welcome to the biggest, most comprehensive bitcoin scams guide on the Internet. It is the largest, most detailed all-in-one cryptocurrency hacks list available during bitcoin’s ten-year history you will find anywhere online (last updated April 2019). Binance offers a substantial number of coins, which are traded mostly against Bitcoin and Ethereum. On the other side the two major coins are also paird with USDT (US Dollar Tether a digital asset, backed by US dollars, which aims to keep a 1:1 price ratio). The list of coins available at Bitnancie includes, but is not limited to (especially since new ones are added frequently): BTC, ETH, LTC ... Hack Suspected as Cause of Kraken Bitcoin Flash Crash Kraken, a major Bitcoin trading platform, witnessed a drop from $11,200 in Canadian Dollars to $100 within a few moments. In response to a post suggesting a hack, one user cautioned “Stop this FUD” while reiterating trust for the cryptocurrency exchange. Binance says All Funds are Safe. A Binance representative was quick to swing into the discussions to douse the growing tension and give directions. Acknowledging issues, the Binance rep assured users that the glitch will be resolved quickly. Image source ... ~7,000 BTC leaving Binance’s hot wallet. Here is the link to the transactions under scrutiny. Many people are waving this around as evidence that funds were involuntarily withdrawn from Binance’s hot wallet. So far, Binance has not responded to any of these accusations, which has added more fuel to the fire. Clearing up a common misconception Binance stated that no hack occurred, even when users went to social media and started to trade stories about the so-called Viacoin hack. Binance insisted that the funds were safe and Changpeng himself tweeted that, while some accounts may have been compromised before the commotion for other reasons, everything was alright and the company was investigating. We analyze trade data straight from Binance’s API in order to figure out what actually happened during both the SYS and VIA coin attacks. HodlBlog « Crypto Price Predictions in 2018 - Monte Carlo Simulations The Internet is Changing its Mind about Elon Musk » A Thorough Investigation of the Binance Hack. 14 Jul 2018 Binance Exchange. Timeline How API Attacks Work Data Investigation The VIA ... Cryptocurrency enthusiasts will have noticed the Bitcoin price has taken another stumble. This latest downtrend comes at a rather surprising time. Worrisome news originating from Japan and the Binance rumors are not helping matters much. As is usually the case, this market will bounce back eventually. Japanese Exchange Concerns Perhaps the biggest Bitcoin price ‘scare’ […]
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