Bitcoin News, Business, Cryptocurrency News, Top Stories

Beaxy Launches Its Cryptocurrency Trading Platform In 43 U.S. States & 185 Countries.

In line with a recent official press-release, Beaxy has revealed the launch of its ‘cryptocurrency‘ trading platform on 11th June.

Within the release, the firm added that it is now live within 43 U.S. states and 185 countries. As per Beaxy, a recent exclusive collaboration with OneMarketData delivers trading capabilities across 9 order types, along with the transactional speeds of around 225,000 per second per trading pair.

This launch follows 2 years of development, & the platform adds that it has over 60,000 pre-registered users.

Separately, in May, Beaxy chief executive officer named ‘Artak Hamazaspyan’ had ‘uploaded‘ a post to Twitter confirming that the exchange had been hacked earlier on 22nd May.

Moreover, the attackers attempted to steal valuable information, he claimed “no KYC data was compromised, no code was compromised, and no funds were ‘hacked‘.” In a very candid admission, he stated:

“This wasn’t the 1st attack on Beaxy, it’ll not be the last. For example, we were also conjointly attacked the day we opened beta.”

Despite the technical hiccups earlier in May, Beaxy’s chief executive officer named ‘Artak Hamazaspyan’, added:

“I couldn’t be happier with the product this incredible team has engineered. Through prioritizing user expertise, security, regulative guidance and seamless practicality, i’m  confident we have built a best-in-class trading platform.”

Earlier on 8th May, Binance – one among the leading cryptocurrency exchanges by trading volume – ‘suffered‘ a major security breach that enabled hackers to withdraw 7,000 Bitcoins [BTC] priced around $54.6 Mln at the reporting time.

Last week, cryptocurrency wallet service provider named ‘Komodo’ revealed that it had effectively hacked itself to prevent fraudsters stealing user funds valued around $13 Mln’s.

Leave a Comment

Your email address will not be published.