Privacy Coin on the Verge of losing 1 Billion

Rumours circulated  1 billion XVG (or about 6% of the total supply) were stolen by hackers when the cryptocurrency Verge had their Twitter account hacked and its developer’s private details shared.     The hacker then bragged about the feat to the account’s 265,000 followers and attempted to scam them out of verge (XVG) cryptocurrency.   The price of XVG had dipped in value, and it remains 5% lower against BTC today.   Full story: –  Privacy Coin Twitter hacked and Developer Doxed     This story is a stark…

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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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