To anonymize the stolen assets, the North North Korean hackers Lazarus Group turned to a variety of privacy mixers, but it was unsuccessful. Binance and Huobi, two cryptocurrency exchanges, have once more suspended accounts related to the June 24, 2022, $100 million...
Binance
BUSD Risk for Crypto Market
Binance became unstable! The US Securities and Exchange Commission is prepared to sue Pexos. This company publishes Binance currency, and as a result of the public news, this organization has halted the production of BUSD risk (Binance dollars). The US Securities and...
Following the Paxos crackdown, Binance withdrawals
Despite $788 million in net withdrawals at the cryptocurrency exchange over the past 24 hours, Binance withdrawals, and "Funds are SAFU." Binance, a cryptocurrency exchange, has experienced a spike in withdrawals over the past 24 hours due to reports that Paxos and...
Binance proof-of-reserves is useless without liabilities
A full proof-of-reserve audit, according to Powell, must comprise the total of client liabilities, user-verifiable cryptographic confirmation that each account was included in the amount, and signatures demonstrating the custodian's authority over the wallets. The...
Binance Makes Strategic Investment into NGRAVE Hardware Wallet
Colin Wu, a Chinese crypto journalist, and blogger has revealed that Binance has taken a new move in its expansion into the cryptocurrency industry. It picked a product whose popularity and demand skyrocketed as a result of the FTX crash. Binance invests in wallet...
Binance establishes an industry recovery fund to assist projects experiencing liquidity issues.
Binance CEO Changpeng Zhao stated that the initiative is not for FTX, but for other potentially great ideas, adding that "liars or fraud" will never qualify. As the FTX problem continues to have a detrimental impact on the markets, crypto exchange Binance is...
Binance Agrees to Purchase FTX; FTT Price Increases
Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to fully purchase the FTX exchange. According to Binance CEO Changpeng Zhao, this will assist to alleviate FTX's "liquidity bottleneck." According to FTX CEO Sam Bankman-Fried, things...
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