Study: Weak Passwords are let at 70 % of Crypto Exchanges

More than 70 percent of the cryptocurrency exchanges allow users to create accounts with weak passwords
23 March 2018   314

The research authors claimed that such passwords`unsafety keeps the personal information demonstrated to financial theft. Less than a half of the interviewed trading platforms stipulate password strength assessment tools.

According to the new survey, some popular crypto exchanges let their customers to explore dangerously weak watchwords. 43 % of the platforms allow users to make accounts choosing passwords with fewer than 8 points. The study also reveals that 34 % platforms do not demand alphanumeric passwords at all. The testers mainly could set up accounts with watchwords using plain combinations of numbers and letters, for example “12345” or words like “password”.

The digital security company Dashlane regularly presents the annual Cryptocurrency Exchange Password Power Rankings. They have checked 35 of the leading trading platforms in the world inspecting their password security. Researchers examined if exchanges provide strength assessment tools, email confirmation (activation) and  2FA (two-factor authentication). They revealed that over 50 % of the platforms supplied account keepers with tools like meters of a color-code bars. In conclusion the authors claimed that such insecure practices can leave many customers`accounts to hacking or financial theft.

Emmanuel Schalit (Dashlane CEO) said that the above-mentioned study should “serve as a wake-up call to the entire industry”. He considers that signing up for a cryptocurrency exchange is like signing up for a bank account. He also stated “it`s critical that your account is locked down on the security front”.

During the exchange survey each platform was being tested on five critical password and account security positions. Then they have been ranked according to the received points. Only 10 platforms correspond to all 5 criteria. These are Bitcoin.de, BitMEX, BTCC, Cobinhood, Coinbase, Cryptopia, Gemini, Huobi, itBit, and Paxful.

Experts recommend users to generate their passwords with no less than 8 symbols for each online account they open. Enabling 2FA is critical and should definitely not be skipped even when you log in for the first time.

Apr 24: New Crypto Listings on Exchanges

From this article you will learn which cryptocurrencies are listed on exchanges on April 24 of 2018
24 April 2018   467

There is a non-stop turnover of cryptocurrencies on the popular crypto exchanges, and there are a lot of digital coins and tokens being listed on the exchanges every day. From this article you will get to know which currencies and trading pairs will be added to the exchanges on April 24 of 2018.

PENTA (PNT)

Exchanges: Bit-Z, LBank

PentaFund is an actively managed fund, aimed at providing superior risk adjusted returns while investing in a variety of cryptocurrency assets. PentaFund will employ techniques that may differ from those used by existing tokenized index funds, including short selling, arbitrage trading, leverage, and the use of derivatives. PNT  represent fractional ownership in the Net Asset Value (NAV) of PentaFund.

PENTA
PENTA

Crypto Exchanges: Bit-Z, LBank
Category: token
Website   Explorer

PIVX (PIVX)

Exchange: FEX.hk

PIVX is  a form of digital online money using blockchain technology that can be easily transferred all around the world in a blink of an eye with nearly non-existent transaction fees with market leading security & privacy. PIVX is a multifaceted community-centric endeavor in the blockchain tech and cryptocurrency realms. PIVX is the fastest and lowest cost privacy-focused digital currency, using a Proof of Stake (PoS) consensus system algorithm allowing all owners of PIVX to participate in earning block rewards while securing the network with full node wallets.

PIVX charts
PIVX charts

Crypto Exchange: FEX.hk
Category: coin
Price at the moment of press: $5,96
Market cap: $333 876 308
Website  Explorer

Dent (DENT)

Exchange: CoinSwitch

DENT is providing an easy way to send data top-ups to any AT&T and Verizon customer in the USA and for any Movistar and Telcel customers in Mexico. DENT mobile apps are among the very first consumer products to leverage Blockchain technology. The developers have succeeded in using a cryptocurrency (DENT) in a way that the users do not even notice using one.

Dent charts
Dent charts

Crypto Exchange: CoinSwitch 
Category: token
Price at the moment of press: $0,014417
Market cap: $153 037 255
Website  Explorer

HashGains (HGS)

Exchange: IDEX

HashGains offers ICO (Initial Coin Offering) in order to establish green data centres in India and Canada. As India and Canada are hub of solar and wind energy, HashGains is going to make use of these renewable energy resources to create a eco-friendly mining environment. HashGains is backed by a renowned name in running and managing data centres with over 15 years of experience. HashGains (HGS) token platform is based on Ethereum and currencies accepted by HashGains ICO are Bitcoin, Ethereum, and Litecoin.

HashGains
HashGains

Crypto Exchange: IDEX
Category: token
Website

FintruX Network (FTX)

Exchanges: IDEX, Bancor

FintruX Network is a blockchain based online ecosystem connecting borrowers, lenders, and rated service agencies. FintruX facilitates marketplace lending in a true peer-to-peer network to ease the cash-flow issues of small businesses and startups. FintruX Network makes it easy for small businesses to quickly secure affordable loans with no collateral, in any currency.

FintruX Network charts
FintruX Network charts

Crypto Exchanges: IDEX, Bancor
Category: token
Price at the moment of press: $0,252411
Website  Explorer

Parachute (PAR)

Exchange: IDEX

Great new projects need awesome communities. The platform developers connect thousands of customers in order to make them simpler to select partner projects. The  current object of Parachute is to build the base of supporters. They use rewards, airdrops, and games to pull people in and let them have fun while building awesome communities.

Parachute
Parachute

Crypto Exchange: IDEX
Category: token
Website   Explorer

TrakInvest (TRAK)

Exchange: IDEX

TrakInvest is best set up to implement this project as, TrakInvest Pte. Ltd., already has a strong three-year track record and has built up a community of 100,000+ in Asia comprised of millennials with strong existing partnerships with corporations, universities, and governments in Asia. The community continues to provide invaluable trading data, insights, and sentiments by actively trading on the platform. TrakInvest moves to blockchain and issues its utility TRAK token. The token utilities will include: (i) Tokenized data ownership, (ii) Tokenized reputation system, and (iii) Tokenized certifications.

TrakInvest
TrakInvest

Crypto Exchange: IDEX
Category: token
Website  Explorer

The Abyss (ABYSS)

Exchange: IDEX

The Abyss is a next-generation digital distribution platform, delivering all types of video games to the fast-growing global game community. The Abyss offers a groundbreaking motivational and multilevel referral system, allowing gamers to earn from in-game and social activities, and other gamers’ payments as well. By joining The Abyss, developers will reduce their marketing expenses and receive an extra income from referral payments made in other games on the platform.

The Abyss
The Abyss

Crypto Exchange: IDEX
Category: token
Website   Explorer

THEKEY (TKY)

Exchange: CoinSwitch

THEKEY Project Team is now developing an identification verification (IDV) tool with blockchain based dynamic multi-dimension identification (BDMI) by using Personally Identifiable Information (PII) which is exclusively authorized by government authorities. THEKEY is a Decentralized Ecosystem of Identity Verification Tool Using National Big-data and Blockchain.

THEKEY charts
THEKEY charts

Crypto Exchange: CoinSwitch
Category: token
Price at the moment of press: $0,020203
Market cap: $91 014 830
Website  Explorer

Wings (WINGS)

Exchange: CoinEx

Wings will be a platform for planning, launching, and managing DAOs. Wings brings a form of futarchy (governance policy by prediction markets) to the blockchain. Holders of Wings tokens will vote on anticipated outcomes related to DAOs, including how much money will be raised in a crowdsale, which DAO projects are likely to return the most amount of money, and whether project milestones will be met. The goal is that over time, Wings will cultivate a community of expert forecasters that can provide decision-making guidance to any DAO that wants to participate.

Wings charts
Wings charts

Crypto Exchange: CoinEx
Category: token
Price at the moment of press: $0,628488
Market cap: $56 380 611
Website  Explorer

Bela (BELA)

Exchange: OOOBTC

BelaCoin is a decentralized cryptocurrency platform that seeks to make its digital coin and platform useful in real-world use cases. The BelaCoin blockchain is a fork of the Litecoin codebase (and therefore a Bitcoin fork), with features such as Segregated Witness (SegWit) for a streamlined blockchain and a Lightning Network for instant transactions. BelaCoin has its own official mining pool to help power the Proof-of-Work consensus. BelaCoin can also potentially be integrated into in-app payment systems to power virtual economies.

Bela charts
Bela charts

Crypto Exchange: OOOBTC 
Category: coin
Price at the moment of press: $0,145808
Market cap: $6 002 482
Website   Explorer

Nuls (NULS)

Exchange: Indacoin

NULS is a global blockchain open-source project which is a highly customizable modular blockchain infrastructure; it consists of a microkernel and functional modules. NULS provides smart contract, multi-chain mechanism and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

NULS charts
NULS charts

Crypto Exchange: Indacoin
Category: token
Price at the moment of press: $3,22
Market cap: $128 894 000
Website   Explorer  

Cortex (CTXC)

Exchange: Huobi Pro

Cortex's main mission is to provide the state-of-the-art machine-learning models on the blockchain in which users can infer using smart contracts on the Cortex blockchain. In Cortex, due to the nature of open source and competitive mechanisms, the best model as an intelligent agent will survive to enhance the intelligence level of the Blockchain network. One of Cortex's goals also includes implementing a machine-learning platform that allows users to post tasks on the platform, submit AI DApps (Artificial Intelligence Decentralized Applications).

Cortex charts
Cortex charts

Crypto Exchange: Huobi Pro
Category: token
Price at the moment of press:  $1,87
Market cap: $152 523 027
Website   Explorer

Biotron.io (BTRN)

Exchange: IDEX

Biotron is a fully transparent data analytics platform. It gives users control over what data is being collected and how it is used, and provides customers with datasets and data products of unparalleled quality, giving them valuable insights for their businesses. Its vision is to tear down data silos created by technological giants and enable innovation in various industries.

Biotron.io
Biotron.io

Crypto Exchange: IDEX
Category: token 
Website

Seer Token (SEER)

Exchange: CoinEx

SEER is the next-generation decentralized prediction market from blockchain. It operates on the Graphene toolkit and gives users an opportunity to predict the future events using market mechanisms. It comes up with valid judgments through gathering ideas and intelligence. The program has numerous-hosts and decentralized oracles, which enable it to grant users credible decentralized prediction market service.

Seer Token
Seer Token

Crypto Exchange: CoinEx
Category: token
Website  Explorer

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.