Binance BNB Token
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 […]
Recently, Binance announced that it is launching its inaugural soul-bound token, the Binance Account Bound (BAB) token, on the BNB Smart Chain. The new BAB cryptocurrency, according to sources, will be used by Binance users as identification documentation. This will only apply to customers who have successfully complied with KYC procedures, though. $BAB Launch Date […]
According to a late-2020 written request seen by Reuters, U.S. federal prosecutors asked Binance, the largest cryptocurrency exchange in the world, to provide extensive internal records about its anti-money laundering checks and communications involving its chief executive and founder Changpeng Zhao. Binance was ordered to voluntarily provide messages from its CEO, Changpeng Zhao, and 12 […]
