Bitcoin News Review – 30 April 2018

A short summary of the news of the weekend:   Binance Signs Agreement With Bermuda Gov’t On $15 Mln Investment, Jobs: Outraged Pro-BTC Community Alleges Bitcoin.com Is Misleading Buyers Into Buying BCH VRT World Launches Marketplace Alpha Version Charlie Lee: ‘To make Litecoin More Decentralized, Eventually I Would Step Away’ Scammers Hijack Verified Twitter Account To Steal Crypto By Posing As Telegram CEO Enquiries About Cryptocurrencies Tripled in 2017, Japan Regulator Says     Bermuda’s Virtual Currency Business Act passes through the House of Commons, UK Dubai: Police Use AI…

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Binance sets Hacker Bounty at $250,000 USD

On 7 March 2018, users on the Binance cryptocurrency exchange noticed irregular behavior.     Binance was alerted and managed to reverse the transactions, however, it is vital they understand just how hackers could have sidestepped their security and also, the Binance Two-Factor authentication system.  See more Reddit comments here     In response to the hack, Binace issued the following statement”   “To ensure a safe crypto community, we can’t simply play defense. We need to actively prevent any instances of hacking before they occur, as well as follow through…

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