Stolen Binance Funds Still Being Laundered Through Mixers, Researchers Claim

May’s Binance hacker has been hard at work washing his stolen bitcoins through a mixing service. Clain.io, a Luxembourg-cryptocurrency capital flows research team, says the 7,074 stolen coins are being laundered through mixing service Chipmixer. Clain says at least 4,836 bitcoins were laundered since June 12th. A bitcoin tumbling service mixes a bitcoin’s unspent transaction…

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A Bitcoin Extortion Gone Wrong: Inside Binance’s Negotiations With Its ‘KYC Hacker’

The Takeaway Prior to publishing details about real Binance customers online Wednesday, a hacker operating under the pseudonym “Bnatov Platon” had a month-long conversation with CoinDesk reporters. In the talks, Platon revealed how he allegedly hacked individuals behind an earlier hack in which 7,000 bitcoin was stolen from the world’s largest exchange. Platon claimed his…

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Binance Report: Bitcoin Decorrelated with Other Cryptos in Q2 2019

Bitcoin’s (BTC) has become less correlated with other cryptos in Q2 2019 due to a potential “flight-to-quality” in the recent bull run, according to a Binance report on crypto correlations released on July 5. In its “2019 Q2 Crypto-Correlations Review,” Binance specified that average correlation between Bitcoin and all other major crypto assets declined to…

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Binance Exchange Is Launching Crypto Futures Trading Platform

Binance, the world’s largest cryptocurrency exchange by trading volume, is planning to enable futures trading. During a presentation at the Asia Blockchain Summit in Taipei on Tuesday, Changpeng Zhao, founder and CEO of the exchange, showcased a futures trading interface on Binance with features including longs and shorts on crypto assets. “Binance will be launching a…

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Binance Research: Facebook’s Libra Could Spark Additional Cryptocurrency Volume

Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18. In the announcement concerning the release of the full report, Binance Research claims: “Libra could spark additional cryptocurrency volume due to increased accessibility from both…

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