Binance Hack, Bitcoin Crash, Google Cracks Down: Best of the Week

[kreslik.news]

Bitcoin crash and reasons behind it 

Last week, giant exchange Binance was the victim of a massive, well-organised hack. At the same time, the price of Bitcoin dropped by 10 percent – but the Binance hack isn’t the only thing happening in the market.

We examined the reasons behind thedrastic price movement.

Exchange vs Hong Kong regulator

Lawyers of Multibank Exchange Group forced the Securities and Futures Commission to cancel an alert that it issued against the firm in February.

Gerard McCoy, senior council of Multibank Exchange Group, told Finance Magnates that he had never seen the ... (read more)