ChronoBank joins forces with EXMO Exchange
Currently in its crowdfunding phase, the initiative has raised over $3 million to date. ChronoBank takes aim at the inefficient recruitment industry, seeking to connect employers directly with professionals in the same way that Uber disrupted the taxi industry. The native unit of currency is the inflation-proof Labour Hour (LH) token, which will be traded against work and other currencies on the LaborX exchange. Currently in its crowdfunding phase, the initiative has raised over $3 million to date. Investors will receive TIME tokens, which will receive rewards based on activity within the....
Related News
Cryptocurrency exchange EXMO said an estimated $4 million of the cryptocurrency stolen during a hack on Dec. 21 was through the exchange Poloniex. Read more: Crypto Exchange EXMO Says Hackers Have Stolen 5% of Total Assets
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. On Monday, the U.K.-registered digital currency trading platform Exmo disclosed it suffered a loss “some amounts of BTC, XRP, ZEC, USDT, ETC, and ETH.” According to the exchange, team members monitoring the hot....
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to the Exmo.me domain and branding. Crypto Exchange Exmo Transfers Russia Operations to Local Entity Major Eastern European exchange Exmo announced earlier this week it’s selling its digital asset business in Russia and Belarus.....
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.
Major cryptocurrency exchange Exmo lost 5% of its total assets due to an apparent hacking attack. Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals.According to a Dec. 21 security notice, Exmo detected suspicious withdrawal activity on Monday, with large amounts of major coins like Bitcoin (BTC) leaving the platform’s hot wallets.Maria Stankevich, head of business development at crypto exchange Exmo, told Cointelegraph that the incident is “nothing very serious,” as the affected hot....