Cyder Coin to Release Updated Wallet

Cyder coin plans to release the Mac OS and Linux Wallet during April 2018
09 April 2018   436

According to its whitepaper, Cyder coin aims to create a new Kind of Business Networking Club, that works as a vehicle, an accelerator which incorporates the concept of Crypto Business by giving the chance to entrepreneurs, IT specialists, programmers and other professionals to meet in various places of the world to talk about the future of money.

As it is stated in a Cyder coin roadmap published on its official website, Cyder coin plans to release the Mac OS and Linux Wallet during April 2018. Cyder Networking lounge is the place to be for those who see a bright future for cryptocurrencies, and Cyder will have various features including payment system to access CNL, demo and instructive function to show the newcomers how a cryptocurrency works with practical exercises. The Cyder coin team reported that it has improved its wallet and is expecting a new contract by the end of April 2018.

At the moment of press, Cyder coin is traded at $0,002126 price.

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   70

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.