For your case, did you input memo when transferring?
If not then please contact Binance support.
@KrystalHard-work pays off!
Posts made by Krystal
RE: faulty vite coin delivery
For your case, did you input memo when transferring?
RE: Why is the Buy/Sell button gray? And how to fix it?
@vroder hi. Vgate are also on Twitter. They released the message there, recommend you to follow up there
Psa: $PEG trading goes well on 21 Dec
Crypto Exchange UpBit’s Operator Launches Custody Service with Ledger
DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service.
The partnership and the new custodian
Industry news outlet TheBlock reported on Dec. 4 that DXM plans to launch the custodian under the name Upbit Safe and that Ledger Vault, Ledger’s custody arm, will support the initiative with its technology. Upbit safe will reportedly use Ledger’s hardware security technology to make trading more efficient and safer for its institutional clients.
Ledger’s Head of Asia-Pacific region Glenn Woo explained that Ledger Vault offers solutions that allow institutions to customize their custody rules to better fit their needs. DXM Chief Strategy Officer Eric Yoo told the outlet that the firm plans to target UpBit’s customers first. Yoo explained the new enterprise’s outlook:
“We are a subsidiary of the largest exchange in Korea and have an advantage over our peers given that we already have a lot of assets we can bring into our custody. [...] The combination of the Upbit brand, Ledger Vault’s security technology, and DXM’s own technology will give DXM an edge in the Korean market.”
Lack of regulation hinders crypto growth
Still, Yoo admitted that institutional participation in the crypto space in South Korea is largely hampered by unclear regulation. Still, he believes that clarity should improve as soon as next year, bringing new money to the local crypto industry:
“The biggest regulatory risk in Korea is uncertainty and lack of regulations. [...] It’s quite a wild wild west out there. [...] Once regulations become clearer, it’d be easier for us to engage with institutional money and not take the risks from uncertainties.”
Woo also explained that Ledger Vault is still a new service in the space and is still trying to penetrate the market. He hopes that with his company’s help, DXM will be able to help his firm scale its operations:
“DMX has a reputation of being very secure… With the track record that they have in Korea, they can definitely help us scale.”
The number of custody services aiming to secure the crypto assets of institutions is steadily increasing as regulation is making the space more suitable for institutional investors. One of the last examples is the custody feature launched by institutional Bitcoin (BTC) trading platform Bakkt for its entire client base after obtaining regulatory approval in the first half of November.
Circle Co-Founder Sean Neville Quits as CEO After Reshuffle: Report
Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position.
According to cryptocurrency media outlet CoinDesk on Dec. 5, co-founder and co-CEO Sean Neville will transition to a post on the company’s board of directors in January.
Sean Neville becomes board member
Neville launched Circle with Jeremy Allaire in 2013, and has presided over its metamorphosis in the ensuing years, including a pivot away from Bitcoin (BTC) and the acquisition of cryptocurrency exchange Poloniex last year.
As Cointelegraph reported, Circle is now selling Poloniex, Neville describing the current events as forming an appropriate time to switch roles.
He will additionally continue his activities with Centre, the project between Circle and cryptocurrency exchange Coinbase which produced the company’s native stablecoin, USD Coin (USDC). CoinDesk quoted him as stating in an email:
“I also expect to propel the mission forward through CENTRE and other new complementary paths that traverse worthwhile challenges in infrastructure, regulatory policy, economics, and product design.”
Neville has yet to confirm the move, and at press time had not updated his personal information on resources such as LinkedIn to reflect any changes.
All change at Circle
Circle’s sale of Poloniex, which it originally acquired for $400 million, has not gone without controversy. As part of the spin-out, United States traders will no longer be able to use the platform at all.
This week, executives announced that those who do not withdraw their funds from Poloniex before a Dec. 16 deadline would face various recriminations, including potential confiscation of their entire balance.
Last month, several former executives at Circle launched their own cryptocurrency trading firm. CMS Holdings is headed by Daniel Matuszewski, the former head of Circle’s over-the-counter, or OTC, trading arm.
Cointelegraph has reached out to Circle and Neville for comment, but had not received a response at press time.
This Cryptocurrency Seems Designed For A Post-State Society
Upstart crypto company Saga wants to issue a new global currency on the blockchain. Just don’t call it a stablecoin.
Saga’s SGA digital currency relies on an international reserve asset called Special Drawing Rights (SDR), which was introduced by the International Monetary Fund in 1969. This is a conventional basket of major world currencies — the US dollar, the euro, the British pound sterling, the Japanese yen, and the Chinese renminbi — that central banks around the world use to hedge against fluctuations in their own local currency. SGA borrows this model for a financial instrument and puts it on the blockchain.
These days, one SDR is worth about $1.40 USD, and SGA will be worth the same when it launches. But SGA’s value can go up or down depending on how many other people are using SGA. To buy this cryptocurrency is to cause Saga’s smart contracts to generate it from scratch. To sell it back is to burn the coins. So the monetary value of SGA can change, but the idea is that any change in price happens slowly and sustainably.
So SGA is not a stablecoin with a permanently fixed price. But you could fairly call it a “stable currency.”
“It’s increasingly clear that for a global economy, we need a global currency,” said Saga founder Ido Sadeh Man. “If we want to achieve this, we need to answer a few questions. Who controls it, how do you tame volatility, and is it legitimate?”
Saga treats its token holders as sovereign. Yes, Man started the business, but Saga uses an Ethereum-based governance model that makes it possible for holders to elect a board of directors or another monetary committee that ignores his wishes entirely.
Saga is ultimately an ERC-20 token system that also adheres to AML and KYC practices. While the thought of regulating some new global currency might seem silly, this compatibility should be quite appealing to policymakers. Man explained that Saga probably won’t achieve status as a means of exchange within a year or two of launch — why hold it if no one accepts it, and why accept it if no one has it? Instead he suggests SGA will find its first applications within hedging.
When asked about his currency playing a role in a world hypothetically free of geopolitical borders, Man said, “It’s obvious that nation-states can’t handle all our identities for all our lives, but I don’t believe that my generation will witness that, and probably not my children’s generation either.”
SGA launches on December 10th and will be available for trading on Liquid.
Researchers Detect New North Korea-Linked MacOS Malware on Crypto Trading Site
Security researchers have discovered a new cryptocurrency-related macOS malware believed to be the product of North Korean hackers at the Lazarus Group.
As tech-focused publication Bleeping Computer reported on Dec. 4, malware researcher Dinesh Devadoss encountered a malicious software on a website called “unioncrypto.vip,” that advertised a “smart cryptocurrency arbitrage trading platform.” The website did not cite any download links, but hosted a malware package under the name “UnionCryptoTrader.”
Linkage to North Korean hackers
According to the researchers, the malware can retrieve a payload from a remote location and run it in memory, which is not common for macOS, but more typical for Windows. This feature makes it difficult to detect the malware and carry out forensic analysis. Per VirusTotal, an online service for analyzing and detecting viruses and malware, only 10 antivirus engines flagged it as malicious at press time.
After conducting an analysis of the newly detected malware, security researcher Patrick Wardle determined “clear overlaps” with malware found by MalwareHunterTeam in mid-October, which purportedly led to the Lazarus group. At the time, the researchers detected that Lazarus had created another malware targeting Apple Macs that masquerades behind a fake cryptocurrency firm.
Recent North Korea-related developments
In recent months, there has been plenty of news about North Korea-related developments. In late November, United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to North Korea to deliver a presentation on how to use crypto and blockchain technology to circumvent sanctions.
Following the arrest, Ethereum (ETH) co-founder Vitalik Buterin declared his solidarity with Virgil Griffith, having supported a petition to free the blockchain developer.
The United Nations Security Council's Sanctions Committee on North Korea accused the country of using a Hong Kong-based blockchain firm as a front to launder money.