Fake RaiWallet stills users' seeds

Hackers created fake website to steal users' data; no information on the number of victims available
19 December 2017   2652

What is RaiBlocks?

According to official FAQ, RaiBlocks is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting.

At the moment of press, XRB is on the 47th place at Coinmarket top 100 cryptocurrencies rate. These are main market parameters:

  • Average Price $3,54
  • Market Cap $471 357 832
  • 24h Volume $7 242 680

XRB is being on:

  1. BitGrail 82.17%
  2. Mercatox 17.25%
  3. BitFlip 0.31%

It is also worth noting that RaiBlocks gained over 140% in last 7 days.

Fake RaiBlocks wallet

A fake RaiBlocks wallet appeared recently under the My Rai Wallet domain. It is not the copy of original wallet. This time hackers just ask users for their seed word. 

Fake XRB wallet
Fake XRB wallet

And here's the original wallet website.

XRB Wallet
XRB Wallet

According to official website, https://raiwallet.com/ is the legit online wallet. At this time, scam was really oblivious. But this is an exception to the rule. We ask you to be extremely careful when you deal with money.

OKEx Ex-CEO to Intend to Raise $40M

Funds are needed for the new exchange called ACDX, which will offer  futures, options, revocable bear/bullish contracts and more
06 February 2020   553

Andy Cheung, who until recently was the operating director of the OKEx cryptocurrency exchange, will open a new derivative trading platform ACDX by the end of the first quarter, CoinDesk reports. The exchange will offer its clients futures, options, revocable bear / bullish contracts, debt contracts and fixed coupon notes.

One of our main goals for the exchange is to provide retail investors with ... structured products that are more commonly used by accredited crypto investors and wealth managers.

 

Andy Cheung

Former chief operating officer at OKEx

In the future, ACDX plans to reach a global level, but first of all it will gather a client base in Asia, using the connections of Cheung and partners in Hong Kong and China. In preparation for the launch, she intends to raise $ 40 million through the sale of tokens and shares in her business to crypto funds, private investment firms and family capital management companies in Europe and Asia. 

We have over $4 million so far and most of the money comes from our own funds. We are in talks with potential investors and likely to announce new investments in the next two months.

 

Andy Cheung

Former chief operating officer at OKEx

To date, ACDX has hired more than 25 employees, including eight developers who are preparing the trading platform for launch.