Social encounters

1. Always use Two-Factor Authentication (2FA), preferably Google Authenticator.

2. Check the list of devices that have been authorized to access your Binance account.

3. Use a strong password for your Binance account and change it regularly.

4. Allow withdrawals only to addresses you trust and check the whitelist regularly.

5. If possible, complete Level 2 Verification for your Binance account.

6. Consider managing some funds in your own wallet (e.g. Trust Wallet)

7. Take the necessary steps to secure your account when using API.

The next seven steps go beyond your Binance account and tackle general security procedures. Take these steps as well.

8. Make sure that your Internet connection is secure.

9. Install antivirus software and trust only secure apps/programs.

10. Put a lock on your phone.

11. Use a secure password manager.

12. As much as possible, use unique emails for each of your accounts, including your Binance account.

13. Invest in Universal 2nd Factor (U2F) authenticators.

14. Identify and avoid phishing attempts.

The article covers the interview with He Yi, co-founder and CMO of Binance.

Bitcoin bull and the CEO of digital assets merchant bank Galaxy Digital, Michael Novogratz, has warned that the hacking suffered by the world’s largest cryptocurrency exchange Binance could invite more investor scrutiny. In Novogratz’s view, this can only be bad for the industry.

How are fiat-backed stablecoins adapting their strategies to remain competitive? Binance Research takes a deep dive into the stablecoin market in a new, in-depth report — “The Evolution of Stablecoins”. HARMONY (ONE). Harmony is a fully scalable and secure blockchain with key innovations in state sharding and peer-to-peer networking. ZILLIQA (ZIL). Zilliqa is a high-throughput public blockchain platform using sharding, designed to scale financial transactions.

See also:

Wei Zhou talks with the Helen Hai, the Head of Blockchain Charity Foundation and UNIDO Goodwill Ambassador, about her role in driving industrialization in Africa, her move to Binance, and how Blockchain can shape the future of charities.

Upcoming events:

In this meetup, Ms. Athena Yu, Executive Director of Binance Charity Foundation (BCF) will talk about the impact that blockchain technology has on social good and charity, and its ability to overcome the current system’s limitations.

Ms. Athena Yu will also address the need of educating the community and the younger generations about the blockchain, and our incubation program at Binance Labs, aimed to support local blockchain projects and contribute to expand the industry ecosystem.

Date and time: Sat, May 25, 2019, 5:00 PM — 7:00 PM WAT

Location:

Civic Centre

Ozumba Mbadiwe Road, Opposite 1004

Victoria Island, Lagos 100001

Nigeria

Hear Director of @BinanceLabs, @sunflora’s thoughts about “The Changing Landscape of Crypto Investment” on May 10th.

Blockchain Charity Foundation (Binance BCF)