In brief CFTC Chairman Michael Selig told CNBC the $6.4 billion Binance hack “proves our exact point” for the crypto-market rules the agency proposed this month. Selig characterized the attack as a laptop-introduced vulnerability …
Binance
What we know about the Binance hack: Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace …
The Binance hack could accelerate a shift in crypto trading toward decentralized exchanges, benefiting Uniswap over the longer term, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick. In an email …
- Bitcoin & Ethereum
Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses
by adminby adminBinance confirmed the incident but reassured that user funds will be covered in full. The world’s largest cryptocurrency exchange, by means of both users and trading volume across the board, has been hacked. Not …
- Crypto Education
Binance hack drained wallets backing customer assets, reserve data shows
by adminby adminBinance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
- Crypto Education
EU Presses Binance Over ‘Reverse Solicitation’ Exemption for Users: Report
by adminby adminIn brief ESMA and national regulators in France, Germany and Greece are looking at how Binance continues to serve EU users, the Financial Times reported. The exchange failed to secure a MiCA license this …
Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets. Binance bought $100 million of Circle Internet Group (NYSE: CRCL) stock …
BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
PLTR Price Prediction: Analysts Raise Targets Before Q3 Earnings as the Binance Contract Stalls Below Its 20-Day Average
Home / Latest reporting Price forecast Piper Sandler and Citigroup both raised their Palantir price targets in the two days before third-quarter results, yet the Binance futures contract is trading at $197.21 — fractionally …
US Probes Whether Binance ‘Knowingly’ Let Iran-Linked Trades Through: Report
In brief Federal prosecutors are examining whether Binance failed to stop trading that breached U.S. sanctions on Iran, Bloomberg reported Monday. The Manhattan U.S. attorney’s office is handling the inquiry, with the Justice Department’s …