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Wednesday, 8 May 2019

Hackers Withdraw 7,000 BTC in Binance Crypto Exchange Security Breach & Other News

  • What's going on with the crypto markets today? Read our latest price analysis.
     
  • Binance security breach results in 7,000 bitcoins, worth $40,705,000, withdrawn by hackers. Changpeng Zhao, CEO of Binance, held a live AMA on Twitter to clarify what happened.
     
  • Over 50 banks participated in the simulation of letter-of-credit transactions on R3's blockchain platform in 27 countries on six continents.
     
  • Facebook has revised its ad policy regarding the blockchain industry and certain cryptocurrency-related materials, but ads for ICOs remain forbidden.
     
  • European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations.
     
  • BlockShow, powered by Cointelegraph, has announced a Festival of Decentralized Technology to open the Bullish Industry Boost Season, providing a series of creative initiatives including the Startup Boost contest, Trading Competition, Hackathon and more. The whole event of nine conferences will take place at Marina Bay Sands in Singapore on Nov. 14-15, 2019.
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