Today’s top headlines in the crypto roundup; Coinbase lists EOS and rolls out new security feature, ‘surprised’ Huobi deals with wash traders, and U.S. authorities are investigating North Korean cryptocurrency hackers.

At the time of writing, bitcoin (BTC) and ether (ETH) are trading at $8,261.78 and $254.72 respectively. Yesterday bitcoin briefly spiked from $8,700 to a yearly high of $9,059, however, the move was short lived as you can see from the chart below. As for the MVIS CryptoCompare Digital Assets 10 Index, it is currently tracking at 3,857.4 (-1.3%).

Coinbase Lists EOS and Rolls Out New Security Feature

Coinbase has announced the addition of EOS at Coinbase.com and in the Coinbase Android and iOS apps. They noted that buying, selling, converting, sending, receiving, and storing EOS would “not initially be available for residents of the United Kingdom or the state of New York.”

Hours later, Coinbase revealed the launching of support for Universal 2nd Factor [U2F] security keys, “a strong way for Coinbase [and Coinbase Pro] users to protect their account.” In a blog post, Coinbase describing U2F security chips as:

“Tiny hardware tokens [that] contain cryptographic chips that perform the hard work of ensuring that you’re authenticating to the correct website – and that nobody else can authenticate while pretending to be you.”

‘Surprised’ Huobi Deals with Wash Traders

Huobi Global – one of the world’s leading cryptocurrency exchanges by volume – claimed it had identified “a few of [its] market makers conducting what [it] suspect[s] may have been wash trading for the sake of performance and marketing purposes.” The market makers in question have since stopped adopting such strategies, CoinDesk reported.

Bitwise Asset Management’s recent report prepared for the U.S. Securities and Exchange Commission (SEC) suggested the popular crypto exchange reported inauthentic trading volume. Huobi’s team were “surprised,” according to comments from chief executive Livio Weng. Huobi is reportedly in the process of updating its policies in an effort to avoid issues related to wash trading moving forward.

U.S. Authorities Investigating North Korean Cryptocurrency Hackers

U.S. intelligence authorities have reportedly accused North Korean hackers of orchestrating large-scale cybercrimes involving cryptocurrency hacks, mining, and bank theft, according to reports by the Korea Herald.

The multiple security breaches by North Korean entities have been primarily motivated by political and economic sanctions imposed on the nation by the U.S. According to the Korea Herald, these allegedly included a major hack of Sony Pictures Entertainment in 2014 and the WannaCry ransomware attack in 2017.

State of the Crypto by Top Tier Exchange Volume

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