Break’N Crypto: new Hacks, Regulations, and Coins

in #bitcoin5 years ago

Two crypto exchanges suffered attacks, Honk Kong regulators will reconsider crypto, Akon launches his coin.

Break’N Crypto — Fintech news by BTCMEX

Both Bitfinex and OKex reported multiple denial of service attacks. OKex suffered a distributed denial of service on February 27. The company’s CEO Jay Hao posted about the attack on his Weibo account, blaming competitors.

Paul Chan, the financial secretary of Hong Kong, stated that the government will implement more strict Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies in terms of digital assets and precious metals.

Chinese national cryptocurrency project initially planned to be in the test stage by spring 2020, is delayed due to the COVID-19 disease outbreak.

It’s expected, that the coronavirus outbreak would not affect the largest Bitcoin mining pools, located in China.

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