With the popularization of cryptocurrencies all around the world – crypto exchanges like Binance need to have their security measures on point in order to anticipate and protect the platform from hacking and exploits. For that reason, Binance recently announced the hiring of BJ Kang – a former FBI agent as the new head of […]
Tag: Binance
Binance news and rumors. Updates on the popular crypto-exchange and its BSC blockchain (Smart Chain). Exclusive updates as well, ranging from breaking news headlines to contest tips.
Binance Smart Chain On Halt Following $600 Million BNB Hack
Transactions on the Binance blockchain, commonly known as the BNB Chain and the Binance Smart Chain, were paused today after a possible network vulnerability was discovered via an increase in “irregular behavior.” An attacker is said to have hacked another BNB chain user for 2 million BNB ($600 million). The temporary suspension is due to […]
Binance Partners With Kazakhstan to Battle The Country’s Financial Crime
Binance, the world’s largest cryptocurrency exchange, has inked a Memorandum of Understanding (MoU) with Kazakhstan’s Financial Monitoring Agency. Throughout the agreement, all sides emphasized a shared desire to create a secure crypto environment in the Asian country and to reduce financial crime in the region. The trading platform announced plans to grow in the Central […]