Category: News
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Binance identifies 2 suspects in KyberSwap hack
Binance identifies 2 hacker in KyberSwap hack On September 3, Binance, the leading cryptocurrency exchange all around the world, has identified two suspects involved in the hack of KyberSwap. Binance CEO, Changpeng Zhao has revealed that Binance Security team has provided the intel to the Kyber team, and is coordinating with LE (law enforcement) to apprehension […]
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Binance cooperates with Nigeria to develop a digital economic zone
The collaboration of Binance and Nigeria Binance, the leading cryptocurrency exchange all around the world, has cooperated with Nigeria to develop a digital economic zone that will support blockchain technology adoption in West Africa. According to the statement of Export Processing Zones Authority, the goal of partnership is to harbour a digital hub that will […]
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Binance’s protections for the cryptocurrency industry
Get rid of bad behaviors. Binance’s Matt Price and Tigran Gambaryan responded to allegations that Binance facilitated illegal money laundering after Reuters published a special report titled “How cryptocurrency giant Binance became a hub for hackers, fraud and drug trafficking.” In the blog post, Binance dismissed the Special Report as “a narrative based on outdated […]
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CZ Warns Exchanges Against Fraud, Targets FTX
CZ is concerned about fraudulent transactions The CEO of crypto exchange Binance , Changpeng Zhao CZ , raised concerns to traders about the phenomenon of trading fraud prevalent on other crypto exchanges, targeting other crypto exchanges. into FTX. Cryptocurrency trading disturbances involve “jitters” – the exchange’s customary trading arrangements in which an investor’s buy or […]
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Binance assures users after glitch briefly halted withdrawals
Binance temporarily halted withdrawals On the morning of August 17, Binance, the largest cryptocurrency exchange, made an announcement a temporarily halted withdrawals. According to Binance, the withdrawal freeze takes place across multiple networks due to a technical problem of the third-party provider. In a tweet, the exchange said the withdrawal pause incident took place at […]
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Binance obtains in-principle approval to operate in Kazakhstan
AFSA approves Binance to operate in Kazakhstan Binance has received approval in principle from regulators in Kazakhstan to operate cryptocurrency services. The approval follows a series of agreements regulating the exchange across Europe and the Middle East. The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has implemented licensing for cryptocurrency […]
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Binance’s users increases due to inflation
Maximiliano Hinz, top executive of Binance Latin America, cited that spiking inflation is the key reason why this world’s largest cryptocurrency exchange has attracted more new customers in recent months. Another factor is that the historically strong dollar has weakened other fiat currencies from emerging markets. Latin Americans flock to cryptocurrencies due to inflation In a […]
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Binance Recovers Funds Stolen from Curve Finance
Binance recovers funds from Curve Finance hack Binance CEO Changpeng Zhao announced that Binance has recovered and frozen the majority of assets worth around $450,000, accounting for 80% of the stolen funds from the hack aimed at the Curve Finance decentralized finance (DeFi) protocol. According to Zhao, hackers tried to send funds to the exchange […]
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BNB Chain launches Web3 Stars Accelerator in Vietnam
On August 12, 2022 – BNB Chain, the world’s largest smart contract blockchain platform by trading volume and number of daily active users has officially launched its first BNB Chain Web3 Stars Accelerator program in Vietnam. Purpose of Web3 Stars Accelerator The purpose of the program is to find potential Web3 projects and help developers […]
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Binance Labs Invests in Ankr Protocol
Ankr is a decentralized infrastructure and cross-chain staking DeFi platform that aims to make Web3 accessible for everyone. The protocol was launched in 2017 and currently runs on around 18 decentralized chains. This protocol has already supported BNB Chain, provided DeFi matching capabilities for BNB Liquid Staking, and built several core infrastructures, including the Erigon […]
