The token will be available for purchase through multiple digital assets on the BitKing platform, including BTC, ETH, BCH, XRP, ADA and XLM. After the listing, BitKing will offer 200X leverage, and users will also receive bonuses if they pledge to lock up the token.
In other news, Binance has resumed trading activity after certain operations were suspended following a data breach that saw hackers stealing more than $40 million in bitcoin. On May 8, Binance Chief Executive Officer Zhao Changpeng said 7,000 bitcoins were stolen by hackers using a variety of methods. “Hackers were able to obtain a large number of user API keys, 2FA codes and potentially other info. The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used. There may also be additional affected accounts that have not been identified yet,” the company executive said in the post.
But users can now cancel open orders and deposit crypto assets into their Binance accounts, as well as buy and sell cryptocurrencies. And while users can’t withdraw crypto assets to an external wallet right now, the feature should be enabled soon, according to reports.
And the U.S. Court for the Southern District of Florida has dismissed the case of initial coin offering (ICO) fraud against DJ Khaled and boxer Floyd Mayweather, saying neither played a big enough role to lead to further legal action.
“The Plaintiff’s complaint fails to establish that Mayweather [and Khaled] ‘successfully solicited’ the Plaintiffs to purchase CTR Tokens,” according to court documents.
But comedian Kevin Hart is now being investigated for his role in promoting tokens for the FLiK ICO started by rapper TI. Investors have reportedly lost over $1.3 million after buying “worthless” FLiK tokens that were promoted by TI and Hart on Twitter, according to The Next Web.