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
On Monday, Robinhood announced on Twitter the new addition. With today’s update, the platform now supports 19 different crypto assets. The stock and crypto trading platform, Robinhood, now supports Tezos (XTZ) and Aave (AAVE). Letting users buy, sell, and trade the tokens. On Monday, Robinhood announced on Twitter that it
SBF gave a clear message to its consumers that they must exercise more caution. This compensation from FTX to impacted users is a one-time deal. Over the last several years, crypto phishing assaults have skyrocketed. All it takes is one malicious file attached to an email for this to happen.
A Twitter user called the idea a “step backwards.” Erik Voorhees said that the CEO was praising the OFAC. After the proposal for a legal framework for cryptocurrencies by FTX founder and CEO Sam Bankman-Fried (SBF) caused a stir earlier this week, he resorted to Twitter to try to quell
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
Hacker promoted a giveaway of up to 500,000 USDT in incentives. Gate.io was able to reclaim control of its account and delete the fraudulent ad. Once again, cybercriminals are using social media for their own ends. This time they used the verified account of a well-known cryptocurrency exchange to promote
CEO Kristina Walcker-Mayer of the German firm announced the shutdown. The company first debuted in 2015 under the name Bitwala. As the CEO said, the trade will be possible on the platform until November 30th, 2022. Following a temporary insolvency filing by Nuri in August, the company has now made
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
SBF suggests paying off the hackers as part of the solution. More than $4.4 billion in 2022 has been lost due to DeFi protocol failures. Cryptocurrency hacking has been prevalent in recent months, notably in the DeFi sector. Chainalysis reports that, so far this month, more than $750 million has
