Hong Kong-based cryptocurrency exchange offers US$250,000 bounty for hacker tip-offs
Monday, 12 March 2018 () One of the world’s biggest cryptocurrency exchanges is going on the offensive to deter hacking attempts that have plagued the industry. Hong Kong-based Binance, founded by Zhao Changpeng, is offering a the equivalent of a US$250,000 bounty – paid in cryptocurrency – for information that leads to the arrest of hackers who targeted the venue last week, it said in a statement on Sunday. The exchange has set aside US$10 million for future bounties and is encouraging other...
Bitcoin continues to slip for a second day. The cryptocurrency is down 16-percent since March 6th due to malicious activity on a popular exchange, and another warning from the Securities and Exchange Commission. Elsewhere, Japanese regulators suspended to cryptocurrency exchanges, while a failed...