WeChat hackers use victims’ friends to steal crypto. South Korean exchange Korbit denies hack after 12-hour maintenance.

To activate their WeChat wallets, foreign users will need to authenticate their identity by uploading their passports. Foreign phone numbers can be used for receiving verification codes.

Earlier this year, the People’s Bank of China asked Alipay and WeChat to simplify their extensive identity verification processes.Currently, residents in China must provide a Chinese bank ...