Binance Hacker Bounty Program Unveiled

For "important information", which will lead to the arrest of hackers, $ 250,000 in Binance Coin will be given
12 March 2018   410

The Binance Exchange has appointed a remuneration of $ 250,000 for information that could lead to the hacker who unsuccessfully attempted to hack the platform on March 7. In addition, the company has allocated another $ 10 million for awards for help in preventing similar incidents.

Binance is offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.

The first person to supply substantial information and evidence that leads to the legal arrest of the hackers, in any jurisdiction, will receive the equivalent of $250,000 USD in BNB. The exchange rate will be determined at time of transfer.

Binance Team

In addition, the site created a $ 10 million crypto fund for awards for assistance in preventing future attacks.

Furthermore, Binance has currently allocated the equivalent of $10,000,000 USD in crypto reserves for future bounty awards against any illegal hacking attempts on Binance. We have also invited other exchanges and crypto businesses to join our initiative. We welcome their participation at any time.

Binance Team

Recall, on March 7, rumours began to spread about the hack of Binance. Subsequently, CZ said that the problem is localized and all unauthorized transactions will be canceled. 

Binance to Support Malta Stock Ex Accelerator Program

Up to 12 fintech startups will be able to take part in the program
19 June 2018   138

The world's largest crypto exchange Binance will support the program for support of local fintech startups, organized by the Malta Stock Exchange.

Fintech Accelerator MSX will support prospective start-ups and, in particular, provide professional services for business, including accounting services and provision of workspace.

It is clear that Malta is becoming a Fintech and blockchain center of excellence and we want to allow local and foreign companies the ability to bring their ideas to the market faster. This programme offers foreign entrepreneurs easy access to a readymade solution at one of Malta’s most prestigious addresses – the Malta Stock Exchange.

Joseph Portelli

Chairman, Malta Stock Exchange

Up to 12 fintech startups will be able to take part in the program. In addition to Binance, the new accelerator for startups will be supported by the media corporation Thomson Reuters.

Previously, the head of Changpeng Jao has repeatedly noted that Malta is one of the best places for the blockchhain companies, which is facilitated by a favorable tax and regulatory climate.