Verge Can be Under Attack For 3rd Time in 2 Months

Previous attacks allowed hackers to steal $ 1 million and $ 1.8 million respectively
30 May 2018   595

Verge cryptocurrency is under new unconfirmed attack. If this information is confirmed, then today's attack will be the third in the last 2 months. Previous attacks allowed hackers to steal $ 1 million and $ 1.8 million respectively. This is reported by Bitcoinist.

May 27, the user Bitcointalk under the nickname CHIEF56 drew attention to the address Verge, containing "strange" transactions. On closer examination, it turned out that these transactions correspond to timestamps that were not found in other explorers of the blockchain, which could be a sign of the ongoing re-use attack.

Others drew attention to the fact that one of the addresses used in the first attack has a negative balance on the account, while at another address, according to the statement of CHIEF56, there were 142 853 089 stolen XVG. On May 29, the user Ocminer, who warned the community about the first attack, confirmed the information published earlier.

At the same time, the data from the Verge network show that the drop in the complexity of none of the five crypto currency algorithms has occurred, as was the case in previous cases. Supporters of Verge pay attention to the fact that during the last week the blocks are released at the usual speed, which should speak of the stability of the detachment.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   119

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.