A new version of GDAX, Verge Hacked

Marcin Iwański
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Coinbase after the fusion with Paralex announced that there would be a new version of GDAX – Coinbase Pro – which will have a much better user experience. Another DDOS attack on Verge, this time more than $1 mln was stolen.

Coinbase Pro

Coinbase Pro is a new version of Coinbase trading platform GDAX, as Coinbase announced in a blog post. It is in fact double news, because of Coinbase’s fusion with platform Paradex.

The new trading platform, as Coinbase announced, is an evolution of GDAX and, as they said, the new product is specifically designed for individual traders and made to suit the needs of traders. Also, the whole platform will be more intuitive which will create a user experience better and easier for users. Coinbase Pro will offer new features, such as easier deposit and withdrawal processes, also, it will let customers take advantage of services like staking and protocol voting.

As they said, they want to create a new better version which will allow users to begin genuinely participating in the cryptocurrency ecosystem.

“As the decentralized ecosystem advances, we expect there will be many more opportunities for customers to interact with digital assets in new and unique ways.”

Verge Hacked

In the last months, a well known for its partnership with Brazzers privacy-focused cryptocurrency Verge (XVG) has been hacked. It is 2nd hack during the last months; the previous time hackers stole 250.000 XVG, this time it is 35 mln (~$1.7 mln), as the Next Web reported.

Also, Verge tweeted that their mining pools were under the most popular cyber-attack DDOS on May 21.

XVG is going up after an after-hack value lose; it is good to see that once again Verge is doing well after the crisis. Last time Verge developers resolved hack initiating a hard fork, it was an accident according to OCminer (Supernova Mining pool) comments on BitcoinTalk.

“Hmm, you guys are aware that the “fix” you pushed actually IS a hardfork ? So your blockchain snapshot is not valid anymore, the wallet’s won’t sync up from scratch anymore, and the current chain is simply not usable anymore with that new “fix” ?” -OCminer

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