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Beaxy Exchange suspended trading after the collapse of the Ripple XRP token rate by 40%

The recently launched Beaxy cryptocurrency exchange was forced to suspend trading and withdraw funds from the platform due to "unusually high trading activity in the XRP / BTC pair." Later, representatives of the exchange reported that trade problems were provoked by the partial payment vulnerability. Quick update. Exchanges were targeted with an $ XRP partial payment exploit today. Beaxy was also targeted in this. […]

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The recently launched Beaxy cryptocurrency exchange was forced to suspend trading and withdraw funds from the platform due to "unusually high trading activity in the XRP / BTC pair." Later, representatives of the exchange reported that trade problems were provoked by the partial payment vulnerability.

So, on Monday, August 12, a major sale of XRP was carried out on Beaxy, as a result of which the price of the token on the exchange fell by 40% compared to other trading platforms.

TradingView XRP / BTC chart from TradingView

Beaxy later reported that attackers took advantage of the partial payment vulnerability. The team was also able to identify the perpetrators of the incident thanks to data obtained during the KYC procedures.

Trading activity on the exchange will be suspended for the duration of the elimination of the consequences of the attack. Representatives of Beaxy also promised to reimburse users of the funds appropriated by fraudsters.

Recall that earlier the partial payment vulnerability allowed an attacker to withdraw 7 million XRP from the BitoPro exchange.

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MicroStrategy Busca Contratar a un Ingeniero de Bitcoin Lightning para Crear una Plataforma SaaS

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MicroStrategy Busca Contratar a un Ingeniero de Bitcoin Lightning para Crear una Plataforma de Softwares

MicroStrategy, una empresa de software y análisis empresarial con sede en Estados Unidos, ha publicado recientemente una oferta de empleo para un desarrollador de software de Bitcoin Lightning. Esto indica un esfuerzo persistente para expandirse en el mercado emergente de los activos digitales.

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Binance Obtiene Finalmente la Aprobación Nueva Zelanda

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Binance Obtiene Finalmente la Aprobación Nueva Zelanda

Uno de los principales Exchanges de criptomonedas, Binance, ha sido aprobado por las autoridades para operar en Nueva Zelanda según el último informe. 

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¿Por qué Aumentaron los Jugadores Blockchain en Septiembre?

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¿Por qué Aumentaron los Jugadores Blockchain en Septiembre?

A pesar del miedo al mercado bajista y del peligro de que se produzcan más bajadas, se produjo un aumento del volumen de jugadores de blockchain en septiembre, según el informe analítico de DappRadar. 

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