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Blockchain Technology

Crypto Exchange “Binance” dodges a bullet

Risk management system saves the day! World-renown cryptocurrency exchange “Binance” successfully defended itself and recovers from a hacking attempt. In a matter of minutes, the system detected a discrepancy and closed the withdrawing capabilities. What we know is that the potential of a cyber-attack on the China-based exchange platform started increasing in January as the…

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Binance shuts down trading, deposits, and withdrawals as it struggles to overcome technical issues.

Binance, one of the hottest and newest exchanges from China having started with their operations in July 2017, dedicated to only trading coin to coin, has currently shut down trading, depositing, and withdrawing activities due to a server issue. What started off as a small server maintenance issue quickly escalated, as we can testify through…

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