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Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more …

DOGE leading in volume and search hits, VeChain’s blockchain solution on state run CGTN, and HOO launches a smart chain of its own This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Will DOGEmania ever stop? Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange Huobi surpassing that of leading assets ETH and BTC. On May 6th, according to CoinGecko, DOGE volume made up more than…

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Chinese Exchange HotBit Goes Offline After Unsuccessful Attack

The Chinese exchange Hotbit went offline recently after an unsuccessful cyber attack and it shut down all services to protect the users’ funds and information so let’s read more in our latest crypto news today. The Chinese exchange hotbit, with more than 2 million users across the world, announced that it suffered a cyberattack that forced some of the services to paralyze and to try and access the exchanges’ wallets. The notice from the platform read: “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some…

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Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected

A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs to perform a “comprehensive inspection” which is expected to last one to two weeks. Hotbit Says It ‘Suffered a Serious Cyber Attack’ Crypto exchange Hotbit announced Friday: Hotbit just suffered a serious cyber attack starting around 08:00 PM UTC, April 29,2021, which led to the paralyzation of a number of some basic services. The announcement adds…

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Hotbit crypto exchange shuts down for maintenance after attempted hack

The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday. “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services,” a notice on the platform’s website reads. The hackers were reportedly unsuccessful in gaining access to Hotbit’s wallets but did manage to compromise the platform’s user database. Thus, the Hotbit team has advised customers to disregard any communication…

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‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange

Bitcoin press release: With its latest listing on the HotBit Exchange, BitGesell coin (BGL) continues to prove that a decentralized architecture designed to overcome Bitcoin’s shortcomings will have the support of stakeholders in a crypto ecosystem, betting on intrinsic features like transactional coin burning that can establish BGL as true digital gold. 11th June 2020, Amsterdam, Netherlands – Crypto asset BitGesell is quickly shaping up to be one of this year’s most promising projects, focusing on practical application with incentive propositions that appeal directly to miners, investors and network participants. Its latest listing on popular crypto exchange HotBit Exchange is…

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