Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet - Daily Crypto Bakers #11

in #crypto • 7 years ago

📚That was an uneasy Friday. Get aware of the news before you go to the weekend!🔻

🔸Bitcoin price takes a nosedive after UK Prime Minister Theresa May talks about regulating cryptocurrency.

  • The nosedive is basically because UK Prime Minister Theresa May and her Chancellor, Phillip Hammond, spoke yesterday about the need to introduce greater regulation and laws for cryptocurrency trading.

  • They think that Bitcoin and its fellow cryptocurrencies allow criminals and terrorists to exchange large sums without being tracked, and they aren't alone in thinking this.

🔹South Korea again !

  • South Korean financial authorities in cooperation with Korea Financial Intelligence Unit (KFIU) created a task force to oversee cryptocurrency exchanges and to ensure cryptocurrency businesses.

🔸Russia’s Ministry of finance legalizes Cryptocurrency trading.

  • Russia’s Ministry of finance legalizes Cryptocurrency trading. The authors of the bill are sure that the legal status of cryptocurrency exchange would reduce the risks of fraud and will provide fiscal transparency, which is expected to increase tax revenue of the government.

🔹U.S. Immigration and Customs Enforcement is working to expose transactions made by drug traffickers using cryptocurrencies to hide their trails.

🔹​​The British government is ready to invest £ 31 million in Blockchain startups

Innovate in the UK, the technology development department in the UK government, announced its plans to invest £ 19 million in projects based on Blockchain technologies.

Another £ 12 million the British government is ready to allocate to entrepreneurs who are planning to hire graduates for the implementation of their Blockchain projects.

Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet

Coincheck press conference: the company explains $534 mln in NEM were stored on a hot wallet, hackers have stolen private keys. Company expresses regret to customers, plans to try to refund the lost money.

Keep Following for daily Crypto News !!

Follow @CryptoBakers

Join Community

Join our free private cryptocurrency and ICO Mastermind group on Telegram -

https://t.me/CryptoBaker

and

https://t.me/CryptoBakerTeam

Thank you for reading . We hope you enjoy the posts !

Join the Community

Telegram : https://t.me/CryptoBaker
Facebook : https://www.facebook.com/CryptoBakers/
Twitter : https://twitter.com/TheCryptoBakers
website : http://cryptocoinbakers.com

Follow @CryptoBakers for daily news !!

123.png

#news #cryptobakers #daily #steemit
7 years ago in #crypto by
$4.96
  • Past Payouts $4.96
  • - Author $4.35
  • - Curators $0.61
6 votes
Reply 3
Sort:  
  • Trending
    • [-]
     7 years ago 

    This post has received a 19.69 % upvote from @getboost thanks to: @cryptobakers.

    $0.00
      Reply
      [-]
       7 years ago 

      This wonderful post has received a @cryptobakers 22.72% upvote from @hellowhale. Discord Channel: https://discord.gg/WVJW7AC Please vote with the link below if you support our project. https://goo.gl/1zYDKh

      $0.00
        Reply
        [-]
         7 years ago 

        This wonderful post has received a @cryptobakers 22.72% upvote from @mrswhale. Discord Channel: https://discord.gg/WVJW7AC Please vote with the link below if you support our project. https://goo.gl/1zYDKh

        $0.00
          Reply