Is Tor still safe after Germany’s ‘timing attack?’ Answer: It’s complicated…
German authorities used a timing attack to reveal a darknet admin’s identity, but Tor claims that the suspected attack vector is outdated.
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New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange's…
Sui Foundation denies it sold locked staking rewards on Binance
Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked or non-circulating tokens, including SUI…
Binance.US to Launch Trading Tomorrow With 13 Currency Pairs
Binance.US, the United States-based arm of major crypto exchange Binance, will start trading on Sept. 24, offering zero trading fees until Nov. 1, 2019.13 trading pairsBinance.US will launch 13 fiat-to-crypto and crypto-to-crypto trading pairs tomorrow, according to a blog post on Sept. 23.The trading pairs include major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP,…
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run. 442 Total views 12 Total shares Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of…
Euler Finance attack: How it happened, and what can be learned
The March 13 flash loan attack against Euler Finance resulted in over $195 million in losses. It caused a contagion to spread through multiple decentralized finance (DeFi) protocols, and at least 11 protocols other than Euler suffered losses due to the attack.Over the next 23 days, and to the great relief of many Euler users, the…
SEC Launches Virtual Meetups for Fintech Industry Players
The SEC's fintech wing invites innovators to network and weigh in on regulation in new online meetups. 1873 Total views 15 Total shares FinHub, a fintech arm of the U.S. Securities and Exchange Commission (SEC) will now host digital meetings for industry players amid COVID-19 lockdowns."To facilitate ongoing communications, FinHub will host a series of…
China: Forex Regulator Warns Against Illegal Crypto Cross-Border Flows
China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows.Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at a forum today in Shanghai, according to an Oct. 28 report from Reuters.China has shuttered over 2,000 forex trading platformsTianqi…
ETH Futures Case: The Industry’s Feedback to CFTC, Reviewed
On Feb. 17, the United States Commodity and Futures Trading Commission (CFTC) stopped accepting public comments regarding the Ethereum (ETH) mechanism. Previously, as 2018 was drawing to a close, the agency requested the feedback on the cryptocurrency to better understand the technology and how it compares to Bitcoin (BTC).The CFTC, which oversees the futures and…