Hackers Steal $15 Million in Cryptocurrencies through Mimicked Exchange Website
Hackers managed to steal more than $15 million in various cryptocurrencies using a website that mimicked the HitBTC crypto exchange page. The information was provided by SlowMis The company's analysts identified and published fou ...
User Successfully Passes KYC on Crypto Exchange with Alias “Kim Jong-un”
This was a verification experiment by a member of the community He also used several other names from the OFAC sanctions list A Twitter user nicknamed "ZachXBT" posted the results of his experiment with the Gate.io platform yesterday, May 9. He registered on t ...
Cryptoblogger exposes flaws in KYC procedures at Gate.io exchange
Cryptoblogger decided to check the KYC ("Know Your Customer") procedure on the Gate.io exchange and registered under the name Kim Jong-un. It took him only a few minutes to verify his identity. A blogger named ZachXBT decided to check how ...
Gate Group Applies for Licenses to Operate in Hong Kong’s Cryptocurrency Market
Gate Group, the operator of the Gate.io cryptocurrency exchange, is making moves to expand its operations in China's Hong Kong region by applying for various licenses from the Hong Kong Securities and Futures Commission (SFC). The exchange plans to become a member of the local market before new r ...