Bitkoex to Report on Users' Data Leak

Another South Korean cryptocurrency exchange faced problems
26 June 2018   1182

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.

Nasdaq to Launch Index, Based on 100 Crypto Assets

Neural network, considering 200 different factors, helped to create the list of the assets tracked by the CIX100 index
16 October 2019   112

Nasdaq, the world's second largest stock exchange, has added the CIX100 index based on 100 crypto assets, reports CoinTelegraph.

When building a basket of hundreds of leading digital assets, the tool from Cryptoindex.com uses neural network algorithms that take into account more than 200 different factors. Such a comprehensive analysis allows, in particular, to exclude coins with fake volumes.

It is also known that the index draws data on transactions on the nine largest bitcoin exchanges, and also analyzes information from social networks and the media. Only those coins that last in the top 200 for at least three months can become components of the CIX100. The composition of the index will be reviewed monthly.

According to the developers, the index will be useful for both newcomers to the industry and professionals.