Media spoke about the plans of the CEO of Binance

The media spoke about the plans of the CEO of Binance to deal with competitors with methods of defensive attack

Binance CEO Changpeng Zhao promised his employees that the cryptocurrency exchange would defend itself against Chinese competitors trying to attack its. The Block writes about this with reference to a notice at its disposal for distribution within the company. Several Binance employees have confirmed the document's authenticity to the portal. The original text is in English and Chinese.

Chinese competitors "are desperate to attack us using unprofessional methods," writes CZ. He claims that competitors are organizing DDoS attacks on the Binance system, attracting random people to protest against the exchange under the guise of users and report it to the police, and also spread fake news.

This is not the first time that information about competing competitors with Binance, the closest of which in China are OKEx and Huobi, has received media attention. Binance CMO Yi Hye previously reported that competitors are spreading misinformation about the trading platform and ordering negative reviews on it.

In the notice, CZ also states that competitors dare to attack Binance simply because they mistakenly think that it does not have "strong government ties" in China.

“They are wrong. We never proactively attack others, but we will definitely defend ourselves, including through defensive offensive techniques. There is fierce competition in our industry, and our competitors are resorting to nefarious methods. They have not yet realized that they will be in a much more dire situation if this continues, ”he adds.

It is not known what exactly caused this notification. Recently, the Chinese state media accused Binance of still serving the local population, contrary to its official position. In an address to the employees, Zhao writes that they have no compelling cause for concern and asks them to maintain strict confidentiality on business matters.

Trezor wallet update made it incompatible with CoinJoin

Wasabi Wallet urges its users who own Trezor hardware wallets not to download the latest wallet until the compatibility issue is fixed.

According to Wasabi Wallet's notice posted yesterday, wallet users should not update to the latest version if they are using a Trezor device. Otherwise, you can temporarily lose access to your BTC.

The notification says that if the user has a Trezor Model T, then it is not worth updating to version 2.3.1., And if the Trezor One - to version 1.9.1. This is due to the fact that last Wednesday, the developer of the Trezor hardware wallet, SatoshiLabs, told its customers about the fixed security vulnerability. According to the company, due to a code error, wallet users could become victims of fabulous fees.

SatoshiLabs fixed the Trezor issue, but the update disrupted third-party services like Wasabi and the BTCPay server, writes Jumar Macato, developer of Wasabi Wallet software.

Wasabi Wallet supports CoinJoin mixing technology and allows you to anonymize transactions by collecting multiple transactions into one. Wasabi works with Trezor, a cold wallet, to send BTC using CoinJoin. Wasabi sends Trezor a partially signed BTC transaction, and Trezor confirms the transaction as soon as the owner signs it.

But the Trezor update is interfering with Wasabi's work, as Trezor now believes the partially signed BTC transaction is invalid. The Trezor device can also need a lot of space to access previous transaction data, which can make the partially signed transaction file too large for a hardware wallet.

“In light of the aforementioned issues, Wasabi Wallet is urging its users with Trezor hardware wallets to postpone the update,” Makato wrote. "We advise users not to update Wasabi Wallet until the issue is resolved due to the potential for attackers to distribute a malicious copy of Wasabi Wallet and exploit the vulnerability."

Fake versions of the Wasabi wallet have already been created by cybercriminals before. In March last year, a fake Wasabi Wallet site appeared on the network, the purpose of which was to steal funds from inattentive users.

Coinbase is considering listing DigiByte, Synthetix, Bancor and 15 other assets

Cryptocurrency exchange Coinbase has revealed a list of 18 assets that it is currently considering listing.

According to the announcement on the company's blog, the following cryptocurrencies and tokens are under consideration: Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix and VeChain. The exchange notes that in the future, users may notice changes in the API with the mention of one or another asset from the list, but does not guarantee their addition.

“Our decision to add any asset is subject to significant technical and legal compliance and may require regulatory approval in some jurisdictions. Therefore, we cannot guarantee the listing of any of the above assets or the timing, ”the publication says. Livepeer prices climbed 55% on the background of this announcement. Most of the other listed assets from the list added 10-20% each.

OmiseGo is up 200% in May following confirmation of listing details on Coinbase.