Blockchain

Verge to Hold AMA With Justin Vendetta

Verge will be holding the Ask-Me-Anything session at the beginning of March, 2018
02 March 2018   658

Verge is a secure and anonymous cryptocurrency, built with a focus on privacy with a mission to empower people around the world by bringing blockchain transactions into everyday life. Verge aims to fulfill its initial purpose of providing individuals and businesses with a decentralized way of making direct transactions while maintaining personal privacy.

Verge will be holding the Ask-Me-Anything session at the beginning of March, 2018, it has emerged.

verge ama session announcementVerge Announcement

As Verge has announced in its official Twitter account, the users can tweet their questions, and Justin Vendetta, the main developer of Verge, will answer top 5 questions on March 5, 2018.

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

Average price: $0,059953
Marketcap: $878 847 922
24h volume: $104 973 000

ExchangesBlockchain

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   83

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.