Binance CEO to Share Info on DragonEx Hack

Not much funds have came to Binance this time around, Changpeng Zhao said
27 March 2019   299

The CEO of the Binance Cryptocurrency Exchange Changpeng Zhao commented on the events related to the hacking of the Singapore crypto platform DragonEx, which had previously called on Binance to freeze funds credited to its wallets.

On Tuesday, it became aware of the conclusion of an agreement between Binance and IdentityMind - KYC\AML compliance solution provider to ensure control over user accounts and transactions.

Hacked Zaif Exchange to Resume Operations

It was hacked in September last year,  about $60 million in cryptocurrency was stolen from its platform
22 April 2019   83

Japanese cryptocurrency exchange Zaif announced that it will complete the transition from the Tech Bureau to the Fisco Digital Asset Group (FDAG) on April 22 and resume normal operation the next day, Cointelegraph reportes.

In September last year, the exchange underwent a hacker attack when about $ 60 million in cryptocurrency was stolen from its platform, including Bitcoins, Bitcoin Cash and Monacoin. As part of the compensation plan to users, FDAG exchange acquired a large stake in Zaif business and transferred to the Tech Bureau over $ 44.6 million.

According to an earlier announcement of the exchange, 40% of the lost funds will be compensated to users by Fiat, and the remaining 60% - to the cryptocurrency, which will be available for withdrawal on April 23.