New Phishing Scheme to Menace Binance Users

Another phishing attack on cryptocurrency community 
28 March 2018   719

A new phishing campaign aimed at holders of Ethereum and ERC20-tokens on the Binance exchange, was discovered on the network. This is reported by The Merkle.

In the messages sent to the email addresses of users, it is said that Binance has recently made a number of improvements. Although this information is true, the rest of the letters are aimed solely at stealing user tokens.

They are invited to participate in some "event for the import of ERC20", for which it is necessary to provide data from ordinary Ethereum wallets. The form for data entry is on a page similar to the Binance website, but its address is different.

It is noteworthy that phishing emails are received not only by users of Binance, but also by members of recent ICOs, as well as by other crowbanding campaigns.

Binance to Start New Fiat Exchange Beta Test

As reported, CEO of the exchange had announced the new platform at event in Singapore
17 September 2018   280

On Tuesday, September 18, Binance will launch closed beta testing of a new trading platform with support for Fiat in Singapore.

The corresponding statement of the head of Binance Changpeng Zhao made on Twitter.

I just slipped that we will begin Binance Singapore fiat exchange live money closed beta testing on Sept 18th, in 3 days. Invitation only first. Exciting!
 

Changpeng Zhao

Founder, Binance

Other details of the new Binance initiative have not yet been disclosed, but it can be assumed that the new exchange will support the Singapore dollar.

As Finance Magnates clarifies, Changpeng Zhao also reported on the launch of the new platform at the blockchaain conference in Singapore, where co-founder and CEO of the Gemini exchange Tyler Winklewoss also attended.

Last week Binance signed a memorandum of understanding with the Stock Exchange of Malta, under which a platform will be launched to trade tokens with the properties of securities.