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Bitfinex found bank, Toyota and blockchain, exchanges under threat

10/18/2018
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Problems with the withdrawal of fiat currency through Bitfinex are over, Toyota optimizes marketing using the blockchain. Since the beginning of 2017, hackers have stolen $ 882 million from stock exchanges

Bitfinex has found a financial partner

It seems that the problems on the Bitfinex exchange will be solved soon. Recall that due to the termination of cooperation with the American division of HSBC Bank N.A. Payments in four most popular fiat currencies stopped here.

According to media reports, the new partner of Bitfinex will be Bank of Communications from Hong Kong. The Tether startup affiliated with the exchange also found a financial services provider. He will cooperate with Deltec Bank.

This will probably allow the trading platform to regain customer loyalty. Recently, it has undergone a massive information attack, which negatively affected development plans

Over the past 21 months, the cryptoexchange lost $ 882 million from hackers

Group-IB has published a study on the risks of the cryptocurrency market. The biggest attack on the cryptocurrency exchange was the attack on the Japanese Coincheck. Then, fraudsters from the Lazarus group were able to get $ 534 million. Since the beginning of 2017, 14 hacker attacks were committed, during which about $ 882 million were stolen.

Usually, fraudsters attack servers that store information with user passwords. For this, mass e-mails containing a text document are sent. When you open it into the local network, a malicious program is launched. It provides access to personal accounts. However, ordinary users very rarely suffer from the actions of hackers. Even if their wallets are hacked, the exchanges prefer to compensate for the losses.

More about fraudsters attack

Toyota uses blockchain in marketing management

Famous car corporation Toyota will begin to use blockchain technology to optimize marketing tasks. It has signed a cooperation agreement with a startup Lucidity. As shown by preliminary tests of the system, this will allow an increase in advertising efficiency by 21%.

Thanks to the developed program, the company will be able to optimize the advertising budget by making the cost of promotion services more transparent. Startup Lucidity proposes to use a new algorithm when searching for sites for advertising, which made it possible to achieve such efficiency.

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