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The Binance website will soon begin to geoblock IP addresses from certain regions, including the United States
Exchanges
Binance DEX Website Will Block US Users, 28 Other Countries Starting July 1
It seems that the website for Binance DEX, Binance’s decentralized exchange, will begin to geoblock users from certain countries. Perhaps most notably, the Binance DEX website will block US users accessing it – along with users from 28 other countries. This announcement comes just months after Binance launched the decentralized trading platform.  Binance DEX website to block users from 29 countries This news comes directly from the Binance DEX website.…
Exchanges Scams
Recent Report Reveals “Cryptocurrency Exchange” Goxtrade Scam
The self-billed ”cryptocurrency exchange” Goxtrade has just been accused of being fraudulent. Although the cryptocurrency exchange calls itself a ”trusted platform for trading Bitcoins”, a TechCrunch report has now revealed a series of irregularities with the exchange platform pointing to yet another scam. Goxtrade has stolen social media photos for its staff page Although the Goxtrade exchange platform claims to have been around since 2017, several indicators point to this…
All news Bitcoin Exchanges Hacks
Binance Hacked for 7,000 Bitcoin in Cryptocurrency Exchange Security Breach
One of the most prominent cryptocurrency exchanges, Binance, has just faced a major security breach. Specifically, Cointelegraph reports that May 7th saw Binance hacked for a whopping 7,000 Bitcoins. Binance hacked in 7,000 Bitcoin security breach Specifically, Binance reports that the hackers responsible for the security breach utilized several different strategies to gain pertinent information.  These tactics are said to include both viruses and phishing schemes, employed to retrieve various…
Bitfinex intends to hold a $1 billion IEO token sale
Cryptocurrency Exchanges
Bitfinex Marketing Document Reveals Plans To Raise Up To $1 Billion in IEO Token Sale
The parent company behind the cryptocurrency exchange Bitfinex and the stablecoin Tether, iFinex, is reportedly investigating a token sale. That is at least if a document recently shared on Twitter is to be believed. Bitfinex’s planned LEO token is seemingly going to be a utility token Specifically, the known shareholder and over-the-counter trader Zhao Dong tweeted an iFinex marketing document supposedly detailing how a Bitfinex token sale might look. Moreover,…