Wed, October 14

Binance Announces Launch of Web3 Oracle Network

More than 10 BNB Chain projects have implemented smart contract integration. Binance Oracle will facilitate the use of inputs and outputs from the real world in smart contracts. Binance, the largest cryptocurrency exchange platform, revealed a decentralized Web3 oracle on October 26. In this capacity, the Binance Oracle will operate

October 28, 2022 2 mins read

Sam Bankman-Fried Says FTX Plans to Issue Stablecoin

FTX exchange plans to create stablecoin. FTX Token traded at $24.55 with a price surge of over 8% in the previous week. FTX one of the prominent cryptocurrency exchange CEO Sam Bankman-Fried stated, in a recent interview that the company is presently working to create a stablecoin. Stablecoin is known

October 27, 2022 1 min read

BitMEX CEO Alexander Hoeptner Steps Down

The BitMEX native token, BMEX, will be listed before the end of next year. This past February, the business airdropped 1.5 million BMEX. After Alexander Hoeptner quit “with immediate effect,” BitMEX nominated chief financial officer Stephan Lutz as interim CEO. The corporation has said that Lutz will remain in his

October 25, 2022 1 min read

Binance Striving Hard To Grab the Hacker Behind Recent Exploit

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

October 24, 2022 1 min read

Robinhood Adds Aave and Tezos to Its Trading Platform

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

October 24, 2022 2 mins read

FTX CEO Announces $6M in Compensation To Phishing Victims

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.

October 24, 2022 2 mins read

FTX CEO ‘SBF’ Clarifies Self-proposed Regulatory Standards

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

October 24, 2022 1 min read

Binance Investing Heavily in DeFi as per CEO ‘CZ’

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

October 24, 2022 2 mins read

Hacker Posts Phishing Ad on Twitter Account of Gate.io

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

October 23, 2022 1 min read