Flash CryptoWolf Airdrop About to Close

CryptoWolf airdrop with 20.000 Flash for 10 random winners ends on February 15, 2018 at 23:59 UTC
15 February 2018   537

Flash has a goal to create a safe and secure environment for community members, providing security through its distributed node based governance model called GovNodes.

Cryptowolf strives to be a simple, fast and efficient crypto exchange. On February 12, Flash has announced that it became available for purchase on CryptoWolf, along with BTC, ETH and LTC.

In order to celebrate the partnership, CryptoWolf decided to counduct the airdrop aiming to give 20.000 FLASH to 10 random winners. Those who would like to participate, just have to follow CryptoWolf in twitter, like, retweet and comment the post regarding Flash. The contest ends on February 15, 2018 at 23:59 UTC.

At the moment of press, these are main market parameters of Flash:

Average price: $0,037841
Market cap: $34 056 540
24h volume: $35 562

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   82

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.