Bittrex to Support US Dollar

Cooperation with Signature Bank will allow corporate customers from several states to buy digital currencies for US dollars
01 June 2018   759

American crypto exchange Bittrex entered into an agreement with the New York Signature Bank, which allowed the trading platform to add support for the US dollar. This is reported by Bloomberg.

According to representatives of the trading platform, cooperation with Signature Bank will allow corporate customers from several states to buy digital currencies for US dollars. Also Bittrex are sure that this step will attract more users to the exchange and will promote the popularization of crypto assets.

It’s been a long path. It’s not just about banks being able to trust Bittrex. It’s about banks being able to trust crypto in general. And I think it’s really showing that crypto is turning the corner in terms of mainstream acceptance.

Bill Shihara

Chief Executive Officer, Bittrex

Trading in the fiat currency will be available in pairs with Bitcoin, Tether and TrueUSD. Initially, this option will be available only for corporate clients from Washington, California, New York and Montana. In the future, the company promises to provide an individual investor with the opportunity to trade "Fiat".

Currently, the client base of Bittrex has about 3 million users. A total of about 200 different digital currencies are represented on the platform.

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.