Craig Wright’s much-derided claim to be Bitcoin creator Satoshi Nakamoto got a big boost from the U.S. copyright office today. On May 21, the wealthy nChain founder was granted copyright registration for the original whitepaper—”Bitcoin: A Peer-to-Peer Electronic Cash System”—as well as the original Bitcoin source code.
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Binance restarts following $40 million hack
The exchange announced it will be giving away $1.35 million of its Binance Coin exchange tokens; hacked Cryptopia exchange to liquidate
Hacked cryptocurrency exchange Binance has restarted trading and withdrawals after a security update this morning. The exchange lost 7,070 bitcoins on May 7, when a hacker used phishing to beat its two-factor identification procedures. At the time, the loss was valued at about $40 million. Given the price jump in the past week from about $6,000 to nearly $8,000, the theft was worth almost $57 million at press time, according to CoinMarketCap.
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Binance shutters to make security improvements after $40 million hack
After six to eight hour security update, users will have 30 minutes to cancel order
Binance will go dark for six to eight hours Tuesday night for security upgrades in the wake of last week’s $40 million hack.
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The exact moment Changpeng “CZ” Zhao says Binance was hacked to the tune of $40 million during his Twitter AMA, May 7, 2019).Following $40 million hack, Binance CEO suggests industry coalition to fight hackers
Noting that the company has received support from many other exchanges, he said a ‘sort of alliance’ has formed.
In an update on the $40 million-plus theft of 7,000 Bitcoin on May 7, Binance CEO Changpeng “CZ” Zhao suggested that the cryptocurrency exchange industry may create a more formal alliance to fight thefts and try to prevent thieves from getting away with their ill-gotten gains.
