Ankr Halts Trading

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Trezor CEO ZachXBT
ZachXBT

South Korean crypto-exchange Ankr has confirmed that a “security incident” took place on one of its cold wallets recently. The exchange has asked for all trading activity to be halted until further notice, and it has launched an investigation into the matter.

Ankr is a South Korean exchange that confirmed yesterday (September 11) that it had experienced a security incident. The exchange, which is currently ranked #17 on CoinMarketCap by daily trading volume, announced in an official statement that it had been hacked last night.

Ankr In Deep Waters

Ankr is a decentralized cloud computing platform powered by Trusted Execution Environment (TEE) and blockchain.

Ankr is a distributed cloud computing platform powered by Trusted Execution Environment (TEE) and blockchain.

Ankr aims to bring the decentralized cloud platform to the mass market with a simple and easy-to-use experience, as well as offering users incentives to use it, by providing them with Ankr tokens for each job completed.

Overall, Ankr is a simple and easy to use project that can bring the decentralized cloud computing revolution to the masses. Blockchain technology has many potential applications, but few have been able to overcome the technical challenges of making it accessible to everyday users without compromising on usability. Ankr hopes to be one of those projects that makes it possible for anyone with an internet connection or mobile device access their data anywhere in the world with ease.