Tag: binance
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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 In the blog post, Binance dismissed the Special Report as “a narrative based on outdated […]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 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 announces rewards for Dogecoin users
Rewards for Dogecoin users The world’s largest cryptocurrency exchange, Binance, has announced rewards for Dogecoin users. Binance has introduced a new series of locked staking activities that allow users to stake Dogecoin and earn APYs up to 10%. In addition, Binance has introduced new incentives for registering Binance Savings. Until the event is over, users […]
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Binance is fined $3.3 million for illegal activity in the Netherlands
Binance is fined $3.3 million Binance is fined $3.3 million by the Dutch Central Bank (DNB) because it provides cryptocurrency services without registering as required by legal requirements. The world’s largest cryptocurrency exchange Binance is facing a penalty in the Netherlands for failing to get regulatory approval to operate in the country. Under the Money Laundering […]
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Binance doesn’t offer stock trading
Binance doesn’t offer stock trading, it focuses on deploying Web3 services and eyes potential acquisitions. Binance doesn’t offer stock trading CEO Changpeng Zhao said Binance is not interested in offering users the ability to trade securities regardless of how many new users this can attract. Speaking to Decrypt on the GM podcast, CZ expressed a […]
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Reward center and task center on Binance
What is Binance’s task center? The Binance Task Center includes challenges that users need to fulfill and meet the requirements to achieve some rewards on Binance Reward Center. The tasks consist of making total transactions in a certain cryptocurrency, referring friends, or joining some other activities. How to perform tasks and receive rewards Step 1: […]