The attacker stole $570 million worth of cryptocurrency on October 6. Following the discovery of the breach, Binance Smart Chain was disabled. On Monday, Binance CEO Changpeng Zhao told CNBC that the exchange is “narrowing down” the identity of the attacker who stole $570 million worth of cryptocurrency from a
The company has funded 67 projects to the tune of $325 million so far this year. The exchange plans to finance Elon Musk’s acquisition of Twitter with $500 million. CZ’s exchange has been one of the most resilient this year, despite the market downturn. The crypto bear market and the
BJ Kang was named the exchange’s first Head of Investigations. Kang has participated in a number of investigations involving financial crime. As the number of reported cases of cryptocurrency-related fraud continues to rise. Leading exchange Binance has appointed a new head of investigations for its American branch. Recently, BJ Kang,
The crypto exchange may now provide spot, custodial, staking, and card services in Cyprus. France, according to “CZ,” CEO of Binance, is the crypto hub of Europe. Binance, the largest cryptocurrency exchange in the world, has just received its fourth license in Europe. On Thursday, the Cyprus Securities and Exchange
Binance’s “The Community Showdown” is a contest to crown the famous three cryptos. The competition will end on 28th October 2022 at 23:59 (UTC). Binance has started a competition on the Twitter platform to reward the supporters of the cryptocurrency community with a huge audience set. “The Community Showdown” is
Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic
Binance Pool has launched a $500 million leading project to aid crypto mining and startup firms. Binance sustains its expansion plans despite the market’s slump. Binance Pool, Binance’s mining division, has launched a $500 million lending project to support the crypto mining and startup industries. It will make loans to
Blockchain industry has now shifted to renewable energy usage with major consensus changes. BNB Chain and others are also updating their technology to reduce emissions. The BNB Chain Investment Director, Gwendolyn Regina’s disquisition on “Blockchain Consensus Mechanisms and Their Role in Sustainable Blockchain Development”, has opened up the web3 initiatives
Binance recently announced the listing of Aptos (APT) tokens. The exchange will open trading for three spot trading pairs including APT/BTC, APT/BUSD, and APT/USDT. The highly anticipated layer-1 blockchain Aptos (APT) finally launched its mainnet on October 17, after four years of technical development and millions of dollars in funding.
Users will be able to book flights through their marketplace as a result of the collaboration. More than 1,000 airlines and more than 9,000 destinations are available to users. Users can now purchase low-cost flight tickets using cryptocurrency via Binance Pay. Binance recently teamed up with Crypto Air Tickets in
