Sunday, September 27, 2020
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Hackers Drain Kucoin Crypto Exchange’s Funds in Security Breach CoinDesk –

An Asian cryptocurrency exchange’s funds have been compromised in a security breach.The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 UTC time Saturday,

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SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined

SoluTech, a defunct blockchain firm whose initial coin offering (ICO) raised $2.4 million, has settled fraud and securities violations charges with the U.S Securities and Exchange Commission (SEC).The SEC slapped SoluTech and its co-founder, 24 year-old Nathan Pitruzzello with fines and a cease-and-desist order for conducting its unregistered 2018-2019 ICO

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