Bitkoex to Report on Users' Data Leak

Another South Korean cryptocurrency exchange faced problems
26 June 2018   1357

Bitkoex South Korean cryptoexchange, which was launched last month, reported on a leak of data of 19 Karma (KRM) tokens holders.

As Coindesk notes, the incident put at risk funds for a total of 750 million won ($ 620,000). Data contained email addresses of users of the trading platform, wallet addresses and private keys.

The problem arose because of the negligence of one of the employees of the recently opened trading floor. As it turned out, he published in the group chat of Kakao data on investments to Karma tokens, with the email addresses of the users of the trading platform and associated wallets, even with the relevant private keys.

Representatives of Bitkoex assured their clients that the actions were committed inadvertently. According to them, the funds that were compromised were immediately transferred to cold wallets, and therefore are in complete safety.

Last week largest South Korean exchange Bithumb was hacked. This event caused a significant response in the society and caused even greater tightening of the crypto regulation in the country.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1002

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.