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Monday, 25 March 08:11 (GMT -05:00)



Foreign exchange market

The Impossible Is Possible: Hackers Rob Zaif Crypto Exchange


The Japanese cryptocurrency exchange named Zaif, which claims to be super secure, has been attacked by hackers. They managed to steal quite a big amount of money. 
 
Previously, it was reported that Zaif had come up with a realy sophisticated and efficient security system preventing even the most serious hacker attacks. They claimed that Zaif is impossible to hack. So, this sounded like a major challenge for hackers. And they successfully hacked the exchange, therefor showing the world that the impossible is possible.
 
It is reported that the hackers stole Bitcoin, Bitcoin Cash and MONAcoin to the amount of 59 million dollars. it should be noted that this is not the first time the hackers attack a crypto-exchange. But this was the first attack on Zaif, which used to be seen as unhackable.
 
The exchange system gets blocked on multiple levels, which makes external access imposible, they claimed. At this point, it's still unclear whether Zaif is going to compensate the client financial losses.
 
It should be noted that crypto-exchanges are constantly attacked by hackers. These are a tender part for hackers since it's much more difficult to track the stolen cryptocurrency as opposed to tracking fiat money transactions. At the same time, international experts report that the amount of successful hacker attacks on crypto-exchanges has increased by 350%.
 
It's interesting to note that it took hackers a couple of hours to stela the money while the exchange's security staff found the vulnerability only a couple of days later. Even the firm hired to track the money failed to do so. The only thing that they managed to find out is that the hack attack was made through the PC owned by a Zaif employee.
 
The incident resonanted strongly and escalated all the way up to the Japanese government, which instantly suggested coming up with a set of measures to toughen the governmental control over the cryptocurrency industry. 

 

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Alpari Eurasia Joins Belarus Association of Financial Market Development

 In order to stay ahead of the rivals, forex companies have to keep on improving, introducing new products and services, innovating, expanding their presence in the global market. Alpari has reported about joining the Association of Financial Market Development in the Republic of Belarus. The decision was made on March 2019, given Alpari's significant contribution to the development and improvement of the local forex industry.

Publication date: 14 March 12:31 PM

NordFX Shares Forex and Cryptocurrency Forecasts for Mid-March 2019

The situation in forex, which is the international currency market, has always influenced many other fields of human life worldwide. In the meantime, traders and investors rely on accurate forex forecasts to earn money. That is why Market Leader keep on telling you about those weekly consensus forecasts, courtesy of NordFX. In particular, the local expert team has come up with another forecast based on the time-tested approach, which boils down to studying tons of related sources, expert opinions, as well as predictions made based on technical and graphical analysis.
Publication date: 11 March 11:13 AM

FxPro Conducts Professional Training for Forex Traders

Making money by trading Forex has been getting more and more popular with retail traders over the last few years. When done in a proper and consistent manner, those investments may generate profits in any economic situation, even during a crisis. But how can you become a successful trader?

Publication date: 10 March 05:52 AM

NordFX Shares Forex and Cryptocurrency Forecasts for Early March 2019

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Publication date: 03 March 11:09 AM

How Scams Exploit FxPro Reputation

Financial markets are not pure figures, reports, and charts. Any market implies human players in the first place. Unfortunately, not all of those people are kind and honest. Forex and its participants - traders, investors, and brokers - have always been subject to various kinds of manipulations and fraud. With that being said, a market participant can fall pray to scams an all kind of unfair play in the industry surrounding the international currency market.

Publication date: 02 March 01:10 AM

Brexit Won't Affect British Pound Just Yet, NordFX Experts Say

The balance of powers in the international currency market (also known as forex) influences many contemporary tendencies in the entire world. At the same time, traders and investors rely on accurate forex forecasts to earn money. That is why we keep on publishing those weekly consensus forecasts, courtesy of NordFX.

Publication date: 26 February 11:19 AM

NordFX Wins 3 Forex Awards

NordFx is reported to have become the winner in 3 nominations of the prestigious Forex Awards.

 

Publication date: 22 February 02:55 AM

Cryptocurrency Market Will Get Feverish By Mid February 2019

There is quite a lot of factors out there capable of influence the currency market in general, and cryptocurrency market in particular. In their turn, currency exchange rates can influence the entire world. At the same time, professional traders and investors take those exchange rates into account to avoid losses and make profits. At the same time, they don't mid taking expert opinions into account to be more accurate in their own predictions as well as the trading decisions based on them.

Publication date: 11 February 10:36 AM

NordFX. Forex and Cryptocurrency Forecast. Early February 2019

NordFX is back with their weekly consensus forecast for the week. We must confess that the forecast based on a number of technical indicators and expert opinions have been really efficient in predicting future market behaviors. With that being said, this is an overview of the recent forecast made for the current trading week, which is February 4-8, 2019.

 

Publication date: 04 February 11:05 AM

Chinese New Year

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Publication date: 03 February 03:20 AM