Cryptocurrency exchange Binance is making large changes to enhance their security measures. Earlier in the week, Binance encountered a massive hack of 7000 BTC being stolen. The world’s largest cryptocurrency exchange by traded volume, Binance, has announced that they will be largely revamping their security network. This follows the large theft that took place this week, of the 7,000 BTC hack. Details from the company’s official website blog post, it covered that they will be implementing “significant” changes to its fundamental security infrastructure. They will be enhancing its two-factor authentication (2FA) process, its Application Programming Interface (API) and withdrawal validation processes. Furthermore, Binance promised the implementation of some new measures within the week before deposits and withdrawal services to resume on the platform. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CAD recovers above 1.34, looks to post modest losses for the week FX Street 3 years Cryptocurrency exchange Binance is making large changes to enhance their security measures. Earlier in the week, Binance encountered a massive hack of 7000 BTC being stolen. The world's largest cryptocurrency exchange by traded volume, Binance, has announced that they will be largely revamping their security network. This follows the large theft that took place this week, of the 7,000 BTC hack. Details from the company's official website blog post, it covered that they will be implementing "significant" changes to its fundamental security infrastructure. They will be enhancing its two-factor authentication (2FA) process, its Application Programming Interface (API) and withdrawal validation… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
