Bithumb Hacked Again: $13 Million Worth of EOS Stolen

Bithumb Hacked Again $13 million Worth of EOS Stolen

Yesterday evening @doveywan tweeted that 3 million EOS had been hacked from Bithumb exchange. She stated that the information came from a security firm which audits Bithumb. At this stage Bithumb hadn’t confirmed or denied that they had been hacked. They had tweeted that they had suspended deposit and withdrawal services to ‘provide more stable … Continue reading Bithumb Hacked Again: $13 Million Worth of EOS Stolen

Binance Introduces Combined Stablecoin Market, Taking Focus Off USDT

Binance Introduces Combined Stablecoin Market, Taking Focus Off USDT

Binance, currently the largest crypto exchange by 24-hour trading volume, has announced its Tether (USDT) market is about to go through some major changes. The company has decided to introduce a combined stablecoin market (USDⓈ) instead of a single USDT market. Binance has been supporting stablecoins for a while In the official announcement, the exchange … Continue reading Binance Introduces Combined Stablecoin Market, Taking Focus Off USDT

$6 billion In Daily Crypto Volume is Faked and How Can It Be Solved?

$6 billion In Daily Crypto Volume is Faked and How Can It Be Solved

A rapport was recently released, revealing that 7 out of top ten exchanges are faking their daily volume. They are pumping their volume by 12 to over 100 times more than their true volume. During the pasts months, news has stated that exchanges have manipulated trading volume. BigONE is one exchange that, four weeks back, … Continue reading $6 billion In Daily Crypto Volume is Faked and How Can It Be Solved?