Hacks

The major breach comes as Japanese regulators have clamored for changes in how cryptocurrency exchanges store assets.

Let’s take a closer look at Bitcoin security. Is Bitcoin secure? And is it possible for the digital asset to be stored safely by most users?

Following regulatory pressure, several South Korean cryptocurrency exchanges will now accept sole responsibility for security breaches.

Cryptocurrency exchanges offering bitcoin have a long and turbulent history of compromises, hacks and outright scams. This infographic has been designed to visualize this legacy in a way that shows each hack's impact at the time relative to the others.

Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $40 million hack.

Per a blog post , the exchange announced that it will be implementing “significant” changes to its fundamental security infrastructure, including its two-factor authentication and withdrawal validation processes.

Several major cryptocurrency traders, including representatives from Galaxy Digital Holdings and Cumberland DRW, reportedly met to discuss an industry-wide blacklist of suspicious actors to stem the tide of scams and theft in the space.

Binance has revealed more information about a hack that resulted in the theft of 7,000 bitcoin.

Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.

According to a Reddit post, an attorney in the ongoing Mt. Gox rehabilitation case has alerted former users who didn’t voluntarily apply for reimbursement that they will also receive compensation for lost funds.