Binance says more than $40 million in bitcoin stolen in ...
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@cz_binance: #Bitcoin was conceived (not born) 12 years ago on this day. A 9 page white paper evolved into $250 billion dollars in market cap today, with no fund raising, no marketing budget, no office, and no paid staff.
Square sold over half a billion dollars worth of bitcoin in 2019, outpacing broader crypto exchange volume growth in Q4. Square volumes were more inline with Binance U.S. which saw ~$250 million worth of bitcoin volume in 4Q.
@cz_binance: RT @RussellOkung: Think of it less in terms of the “price of bitcoin” and more in terms of the “exchange rate between BTC & USD” Now consider what happens as the supply of bitcoin remains fixed (21M) while the supply of dollars becomes infinite.
@BinanceResearch: [email protected] Research analyzed the mining activities of Bitcoin, Bitcoin Cash, and Bitcoin SV. While mining has become a billion-dollar industry, some participants appear to be irrational in how they allocate their hashpower between $BTC, $BCH, and $BSV. https://t.co/XVnRiiHA33
A question regarding Yubikey 2FA security after Binance recent 40 million dollars Bitcoin hack?
I just wanted to see this community's thought regarding best way to secure your coins on exchanges on the light of the recent Binance hack of 7000 bitcoins. From the Binance announcement, it seems like a lot of 2FA accounts were compromised too. We know 2FA based on texting is usually very vulnerable, so I was wondering would this have been avoided if everyone was using Yubikey type of verification for their 2FA? If yes, how would that be possible? If no, I think exchanges like Binance should place certain restrictions on accounts that doesn't meet 100% security requirements; like delayed withdrawal, additional verification for trades, withdrawals etc. What do you guys think of this? I'm especially interested in knowing the limitations of 2FA protected by cutting-edge security like Yubikey. I will crosspost this on Bitcoin subreddit as well.
10-23 00:44 - 'Bitcoin as a currency is unsustainable... / Security and Trust: Millions of dollars worth of bitcoin lost by hacks, lost passwords and mismanagement. Mt. Gox, Coincheck, Binance, Bitconnect to name few. / We may have solve...' by /u/jucoin2000 removed from /r/Bitcoin within 264-274min
''' Bitcoin as a currency is unsustainable... Security and Trust: Millions of dollars worth of bitcoin lost by hacks, lost passwords and mismanagement. Mt. Gox, Coincheck, Binance, Bitconnect to name few. We may have solved the problem with trust through block chain...We just don’t know if trust is a problem that technology can ever truly solve as long as humans are the ones using it. Cost effectiveness: Blockchain is very expensive for its functionality, computers working around the clock to maintain distributed ledgers using more energy than many entire country’s put together. Efficiency: Bitcoin has painfully slow transactions times. Visa’s payment network can deal with 24,000 transactions per second and bitcoin just a measly 7. So even though giant centralised organisations sometimes abuse our trust they are also fast, typically safe and convenient. Bitcoin is a currency experiment that will inevitably fail for its intended use, but before that time and due to its erratic changes in value there will be potential money and profit to be made from the instability. Its possible that “Blockchain” will revolutionise a lot more than just money, although as yet i am not clear as to what that will be. Conclusion: Make your money before the bitcoin bubble bursts...and it will..... ''' Context Link Go1dfish undelete link unreddit undelete link Author: jucoin2000
@cz_binance: RT @CryptoBrekkie: I didn't choose the dollar. I didn't choose the euro. I didn't choose the pound. I didn't choose the yen. I didn't choose the ruble. I didn't choose fractional reserve banking. I didn't choose central banks. I didn't choose quantitative easing. I choose Bitcoin.
Der aktuelle Bitcoin/Dollar Kurs BTC/USD - Währunsgrechner für den Wechselkurs von Bitcoin in Dollar. BTC/USD: Aktueller Bitcoin - Dollar Kurs heute mit Chart, historischen Kursen und Nachrichten. Wechselkurs BTC in USD. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance Coin - US Dollar Chart (BNB/USD) Conversion rate for Binance Coin to USD for today is $28.66. It has a current circulating supply of 148 Million coins and a total volume exchanged of $381,868,644 BTC USD: Hier finden Sie den aktuellen Wechselkurs von Bitcoin BTC und US-Dollar USD mit Chart, historischen Kursen und Nachrichten Binance traced the cryptocurrency theft — more than 7,000 bitcoins at the time of writing — to a single wallet after the hackers stole the contents of the company’s bitcoin hot wallet ... Binance.US - Convert Bitcoin into US dollars (USD) Binance.KR - Sell Bitcoin into South Korean won (KRW) Binance.SG - Convert Bitcoin into Singapore dollars (SGD) Binance.JE - Sell Bitcoin into Euros (EUR) and British pounds (GBP) WazirX - Convert Bitcoin into Indian Rupees (INR) Note: Each of these platforms has its own registration processes. On Binance, you cannot buy Cryptocurrency directly with your Dollars (or Euros), but you can deposit Bitcoin, or any other Cryptocurrency avaible on Binance, to trade it with other Cryptocurrencies. If you don't have Bitcoin or any Cryptocurrency, you can follow this Tutorial to buy your first Bitcoin with CoinBase. Why choose Binance ? - Transactions fees are low (0.1%). If you own Binance ... Bitcoin Ethereum Ripple Bitcoin Cash Chainlink Binance Coin Litecoin Cardano Bitcoin SV EOS Monero Tron Stellar Lumens Crypto.com Coin Tezos UNUS SED LEO NEO NEM Cosmos Iota VeChain Dash THETA ZCash Ethereum Classic Maker Ontology Waves Dogecoin FTX Token Algorand Basic Attention Token HedgeTrade BitTorrent DigiByte 0x Ren Zilliqa Qtum Icon ...
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