Dec 28, 2019 at 13:59
Top 5 Cryptocurrency Exchange Attacks of 2019
A couple of giant cryptocurrency exchanges globally faced it hot this year especially after experiencing repetitive attacks from unknown hackers. Due to these attacks, both the investors and exchanges lost billions and billions of their money. This year saw quite a few weighty hacking episodes, we have brought you some of the major breaches of 2019.
Dec 27, 2019 at 18:23
3Commas – 2019 Retrospective
As 2019 draws to a close, it’s time to reflect on our team’s tremendous efforts, growth, and significant launches throughout the year.
Bitcoin Below $12K, Margin Trading is Now Public on Binance
The CEO of Binance, Changpeng Zhao, (CZ) revealed that every user of their cryptocurrency exchange can now access margin trading services. Margin trading is the exercise of using borrowed assets (money) from a broker to sell or buy a financial asset, that makes the collateral for a loan from the broker. Binance is a worldwide digital currency exchange which offers a platform for buying or selling over 100 digital assets. Since January last year, Binance is regarded the largest cryptoasset exchange globally concerning trading volume.
Hackers Stole 7000 Bitcoin According to Binance CEO
The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), and his team gave a recap of the security incident that happened on May 7, an event that saw the exchange lose more than $40 million (7,000 BTC) from their Bitcoin hot wallet.
Bitcoin SV in Chaos with ShapeShift & Binance to Delist It
The hard fork of Bitcoin Cash led to the formation of two new cryptocurrencies i.e. Bitcoin SV and Bitcoin ABC. However, the latter has more support than the first. The flagship crypto exchange by trading volume Binance dropped this coin from being traded on its platform, ShapeShift is also planning the same.
Bitcoin Trading Below $4,000 Amidst Bearish Crypto Market
The 24-hour Bitcoin (BTC) price has remained relatively stable trading above $4,000 level for a few consecutive days, but it has failed to hit the key resistance level at $4,200. At press time BTC/USD is trading at $3,962, with a market cap of $69.787 billion and the dominance of 50.9%.