Binance to Delist 5 Tokens

 CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS trading will be suspended on 22nd of February
15 February 2019   560

Binance, has announced the upcoming delisting of the following cryptocurrencies: CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS.

All trades with abovementioned tokens will be suspended on 22nd of February in 10.00 UTC; then tokens will be delisted.

Binance regularly evaluates the development of projects whose coins are represented on the platform, and takes into account the following characteristics:

  • team commitment to the development of the project, its activities and quality;
  • network stability and smart contracts;
  • community outreach;
  • communication with the exchange;
  • evidence of fraudulent or unethical activity;
  • contribution to the development of a cryptocurrency ecosystem.

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.