Binance Moves Customer Funds to BBVA in New Custody Setup

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Binance takes another step towards controlling damage by collaborating with BBVA, Spain The second largest bank. The new arrangement allows customers to publish US Treasury bonds as a margin, which BBVA will carry outside the stock exchange. that it clear Try to separate the user’s money from the risk of exchange, and it appears that … Read more

CoinDCX Suffers $44.2M Security Breach; Customer Funds Confirmed Safe

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COINDCX, an exchange of Indian cryptocurrencies leader, suffered a hack of $ 44.2 million on July 19, targeting an internal wallet. Customer funds remain safe, since the violation has not influenced the reserves. Cryptographic exchanges combine three cores Trading components: resolution, execution and custody. In traditional finance, these functions are separated, making exchanges such as … Read more