FUD in Crypto Binance Hack, SEC News, Steemit Interface Changes and More

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If you aren't on Crypto Twitter you've missed out on an interesting previous 2 hours. If you have an account with Binance you may want to log on and see if your money is safe. It appears that all Binance funds are safe, but accounts may have been compromised by phishing attacks and they are being investigated.

SEC has also released a warning about cracking down on "unlawful exchanges". If you're wanting more information you can check out the article from the SEC here and read their "Statement on Potentially Unlawful Online Platforms for Trading Digital Assets", but there is a good chance that some exchanges in the US could possibly be closed down.

It would be nice if a good decentralized exchange was developed that had good volume. Until then we can only hope that either Bitshares or Waves make some improvements and gets some increased volume or a better competitor is created.

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If you haven't heard Mt. Gox was in the news today in a way. Apparently their attorney and bankruptcy trustee is sitting on quite a large amount of BTC looking to sell it off. He claims that he's been able to sell the coins for an average price of around $10,100 a BTC and still has around $1.9 billion worth of BTC left to sell to distribute to Mt. Gox's creditors.

I've been wondering why Bitcoin has had such a hard time recently staying above the $11,000 mark recently. I wonder if this has anything to do with it as it's claimed in the article that Mt. Gox was able to recover around 200,000 BTC. That's quite a lot of BTC that this person is trying to sell for the "highest price possible".

Apparently, the Steemit interface has just been updated as well.