Internet Security

ZB Serves More Than Ten Million Users in Eight Years, and Is One of the Most Recommended Cryptocurrency Exchanges in 2021

Hong Kong, China — (ReleaseWire) — 06/27/2021 — This year is a particularly special year in the history of blockchain development. It is also the most intense movement of making money in the crypto circle. It can be described as a magnificent one. Bitcoin has reached a record high of $62000, and Ethereum has reached…

Hong Kong, China — (ReleaseWire) — 06/27/2021 — This year is a particularly special year in the history of blockchain development. It is also the most intense movement of making money in the crypto circle. It can be described as a magnificent one. Bitcoin has reached a record high of $62000, and Ethereum has reached $4300. The enthusiasm of the overall rise of the market is unprecedented, in the middle of May 2021, we witnessed the new history of the crypto circle.In recent years, with the continuous breakthrough and wide application of the new generation of information technology, including blockchain technology, digital economy is breaking through the time and space limitations and industrial boundaries, breaking the traditional enterprise boundaries and growth rules, subverting the traditional business model and resource utilization, accelerating the penetration and coverage of various fields and links of the economy and society, and increasingly becoming an important engine of economic development. The most direct impact of the rapid development of digital economy in the 21st century is the large-scale rise of digital assets. Almost all the information assets stored in the Internet and the value assets distributed in the blockchain are growing exponentially.Blockchain is another comprehensive technology that can bring great influence to the world after the Internet. Although blockchain was born from the bitcoin system, its application development is far beyond bitcoin. Blockchain has become a technology ecosystem that can catch up with and integrate with the Internet.The birth of blockchain has brought about the prosperity of cryptocurrency, and all this prosperity is essentially derived from transactions. In fact, after the birth of bitcoin, for a long time, bitcoin was “useless”.At that time point, the whole society questioned the concept of cryptocurrency. Only a small number of technology geeks, attracted by the concept of bitcoin, participated in bitcoin mining. It was not until the “pizza” incident that bitcoin was allowed to be used in actual transactions for the first time. Since then, the price of bitcoin has gone up.The prosperity of cryptocurrency can not be separated from the infrastructure such as the exchange. It is precisely because of the emergence of “transaction” that cryptocurrency becomes popular, and because of the existence of the exchange, the whole cryptocurrency market can flow. In fact, the development and rise of exchanges are the result of wars. Since the emergence of the crypto circle, there have been nearly 20000 exchanges, but few of them have survived. It can be said that only when 99 exchanges fall can a winner be born.ZB group is committed to the integrated business network including investment funds and e-wallets, and operates ZB innovation think tank, a blockchain research institution. ZB is the world’s leading digital asset trading platform and one of the earliest bitcoin and Ethereum trading platforms in China. As an eight year old exchange, since its establishment in 2013, ZB has served more than 10 million users, provided enterprise level technical services for dozens of partners, and ensured the digital assets of global investors as stable as Mount Tai.ZB has four trading areas: QC, USDT, BTC and ZB. At present, it has opened one-stop services of digital assets such as Spot trading, Fiat trading, Leverage trading and Loan. ZB network ZB built-in online customer service, 24-hour continuous online, for users to create considerate, comfortable, user-friendly service. ZB has always been committed to comprehensive business services including investment funds and e-wallets to create comfortable and convenient investment services for users. ZB has also been promoting the process of standardization. It has successively obtained the exchange licenses of Dubai and Singapore, and has set up operation centers in Switzerland, Canada, the United States, Bangkok, Dubai and other places, which can continuously protect the capital security of users.About Bctype
Bctype is a media dedicated to blockchain information and market analysis.For more information on this press release visit: http://www.releasewire.com/press-releases/zb-serves-more-than-ten-million-users-in-eight-years-and-is-one-of-the-most-recommended-cryptocurrency-exchanges-in-2021-1342329.htmMedia Relations ContactMiki JohnsonEmail: Click to Email Miki JohnsonWeb: https://www.bctype.com/
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Internet Security

US probe into Binance reportedly expands to investigate insider trading

Binance is apparently facing more pressure from regulators over possible abuses at its cryptocurrency exchange. Bloombergsources said US officials have expanded their probe of Binance to include possible insider trading and market manipulation. The company hasn’t been accused of wrongdoing, but Commodity Futures Trading Commission investigators have reportedly inquired with potential witnesses about issues like…

Binance is apparently facing more pressure from regulators over possible abuses at its cryptocurrency exchange. Bloombergsources said US officials have expanded their probe of Binance to include possible insider trading and market manipulation. The company hasn’t been accused of wrongdoing, but Commodity Futures Trading Commission investigators have reportedly inquired with potential witnesses about issues like the location of Binance servers (and thus whether the US can pursue any cases).The commission had previously launched an investigation into the sales of derivatives tied to cryptocurrencies. It’s reportedly looking for internal Binance data that might show sales of those derivatives to American customers, breaking regulations that forbid those sales without registrations. The Internal Revenue Service and Justice Department are also probing possible money laundering on the exchange.There are no guarantees of action. The CFTC and Justice Department have supposedly been investigating Binance for months, and any decisions might take a while longer.Not surprisingly, Binance said it was above-board. A spokesperson told Bloomberg the exchange had a “zero-tolerance” approach to insider trades as well as ethical codes and security guidelines to prevent those actions. The company added that it fires offenders at a bare minimum. The CFTC has declined to comment.The heightened scrutiny of Binance, if accurate, would come as part of a larger US crackdown on cryptocurrencies. Officials are concerned the lack of consumer protections (including regulation) might hurt customers who sign up for services expecting the same safeguards they have with conventional money. In this case, the focus is on accountability — insider trading could wreck valuable investments and erode trust in Binance and other crypto exchanges.
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Internet Security

How to Use Arbitrum Bridge to Transfer Tokens From the Ethereum Network to Arbitrum

Arbitrum was built by Off-chain Labs, which is considered a layer two solution for Ethereum dApps. Arbitrum bridge was designed to improve the limitations of the Ethereum network. It offers high-throughput and low-cost fees transactions along with maintaining high-security standards. The platform is backed up by a world-class team of researchers, engineers, and Ethereum enthusiasts.…

Arbitrum was built by Off-chain Labs, which is considered a layer two solution for Ethereum dApps. Arbitrum bridge was designed to improve the limitations of the Ethereum network. It offers high-throughput and low-cost fees transactions along with maintaining high-security standards. The platform is backed up by a world-class team of researchers, engineers, and Ethereum enthusiasts. […]
The post How to Use Arbitrum Bridge to Transfer Tokens From the Ethereum Network to Arbitrum appeared first on Altcoin Buzz.
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Internet Security

Cyber arms dealer exploits new Apple iPhone software vulnerability; affects most versions – researchers

A cyber surveillance company based in Israel has developed a tool than can break into Apple iPhones with a never-before-seen technique for at least six months, internet security watchdog group Citizen Lab said on Monday. The discovery is important because of the critical nature of the vulnerability, which affects all versions of Apple’s iOS, OSX,…

A cyber surveillance company based in Israel has developed a tool than can break into Apple iPhones with a never-before-seen technique for at least six months, internet security watchdog group Citizen Lab said on Monday. The discovery is important because of the critical nature of the vulnerability, which affects all versions of Apple’s iOS, OSX, […]
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Internet Security

Authorities To Imprison A Man From Ohio For Defrauding $30 Million In A Cryptocurrency Scam

An Ohio man will be getting 20 years in prison for carrying out a cryptocurrency scam. Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison. According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last week. A Cryptocurrency Scam Worth…

An Ohio man will be getting 20 years in prison for carrying out a cryptocurrency scam. Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison. According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last week. A Cryptocurrency Scam Worth Of Millions Michael Ackerman planned and executed a cryptocurrency scam in 2017. This scheme promised to pay investors 15% on their investments every month. Even though the benefits were too dubious and impossible, many investors rushed in to utilize the opportunity. The scam was called the “Q3 Trading Club,” a fund that used investor’s money to make the supposed profits to be shared as returns. On September 8, 2021, a US attorney, Audrey Strauss from the New York Southern District, announced that Ackerman had pleaded guilty to the charges. According to Strauss, the man agreed to have caused the victims to lose above $30 million in cryptocurrency assets. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course In the announcement, the attorney stressed that Arkerman agreed to have used his fake crypto scheme to steal millions from investors with the promise of 15% monthly returns. In addition, Strauss also disclosed that Michael Ackerman used fake documents to deceive the investors. His balances showed more than $315 million in the fund. But the reality was just a little above $5 million from the DoJ’s discoveries. The attorney also revealed that Ackerman stole investors’ money amounting to $9 million just to continue his lavish lifestyle. The man spent a lot of money on vehicles, real estate, personal security, traveling, and jewelry. Michael Ackerman Agrees To Pay The announcement also stated that Michael Ackerman has pleaded guilty to wire fraud. He agreed to pay back $30 million and forfeit at least $36 million in real estate, jewelry, cash which he acquired fraudulently. As for now, the sentencing will take place on January 5th, 2022. The first charges came from the SEC in 2020. The crime was the violation of securities laws by Michael Ackerman. Related Reading | Bitfinex To Roll Out Security Token Offerings (STOs) Platform In Kazakhstan The reports then showed that he used a private group that he created on Facebook to target physicians. The group was called “Physicians Dad’s Group,” and the SEC discovered his fraudulent intent. Michael Ackerman has never worked as an institutional broker in the New York Stock Exchange. Instead, he was operating as one of three scammers, including James, a Wells Fargo financial advisor, and another member, a surgeon called Quan Tran. In 2020 April, the victims of the incident sued Fargo for not investigating its employee. Featured Image From Pixabay
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