Concerns grow over Binance executive’s health during detention in Nigeria

Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations.The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange states:“Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on…

In what appears to be the first U.S. court case to address the matter, a New York federal judge has ruled that U.S. securities laws are applicable for prosecuting crypto fraud allegations, Reuters reports September 11.U.S. District Judge Raymond Dearie ruled that the case against Brooklyn resident Maksim Zaslavskiy, which alleges that he defrauded investors…

From a technical viewpoint, blockchain is a growing records list that is cryptographically tied to and managed by a peer-to-peer network. At the same time, they join a protocol of communication among nodes to validate new blocks.Essentially, a blockchain is a way of validating data transactions in a permanent and immutable manner to guarantee that…

Trulioo said improving compliance for AML and KYC can be a big differentiator for crypto companies. 985 Total views 21 Total shares The ability to verify documents and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements is now a differentiator for crypto firms, said identity verification provider Trulioo.Anatoly Kvitnitsky, Trulioo’s vice president for growth,…

Prague-based crypto wallet manufacturer Trezor has responded to а report about hardware vulnerabilities from its competitor Ledger on Tuesday, March 12.Trezor claims that none of the weaknesses revealed by Ledger in a detailed report on March 10, are critical for hardware wallets. As per Trezor, none of them can be exploited remotely, as the attacks…

A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits.Crypto…

Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution.