Binance to Report On New BNB Coin Burn

2 220 314 BNB tokens ( approx. $30 000 000 ) were destroyed
16 April 2018   964

The Binance Exchange has reported on the successful third quarterly burning of its own Binance Coin tokens.

Binance
BNB Burn

2,220,314 BNBs were destroye for a total of about $ 30 million, representing 20% ​​of the company's revenue for the last quarter.

As noted by the CEO of Binance Changpeng Zhao, in dollar terms the amount was less significant than last quarter, in Binance Coin - more. He explained this: the volume of trading on the market of crypto-currency, including Binance, has recently declined, which is why the stock exchange collected fewer fees in Fiat. However, the price of Binance Coin also decreased.

At the same time, Zhao notes that Binance Coin's price has been quite good for the other crypto currency, which caused many market participants to view their own exchange token as a tool to protect assets in the period of high volatility.

Traders Personal Data to be Sold on the Darkweb

IDs of 1000 users of Bittrex, Poloniex, Bitfinex and Binance costs only $10
21 January 2019   115

A hacker under the pseudonym ExploitDOT is trying to sell data from users of the leading Bitcoin exchanges (Bittrex, Poloniex, Bitfinex and Binance), which they provided as part of the KYC procedure. It is noteworthy that a pack of hundreds of identity cards costs only $ 10, reports CCN.

ExploitDOT places its offers on the Dread darknet-marketplace. Moreover, an independent cybersecurity researcher who wished to remain anonymous, allegedly managed to get the real data of three users of the Binance exchange, pretending to be a buyer.

ExploitDOT even offers documents in bulk: up to $ 1 per 1000 copies, if the buyer places an order from 25 thousand.

Earlier, Cryptopia, a cryptocurrency exchange, has suspended work, informing users of “substantial losses” due to a security breach.