Crypto hacks: Binance recovers $73m in stolen funds

Binance says its security team has managed to recover or freeze over $73 million in funds stolen during crypto hacks and scams. In an Aug. 8 press release, Binance revealed that the recovered or frozen funds related to external hacks…

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Binance reports $73 million in recovered stolen funds

Binance's recovery of stolen funds highlights the platform's commitment to security, potentially boosting user trust and industry standards. The post Binance reports $73 million in recovered stolen funds appeared first on Crypto Briefing.

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Binance's CZ and Ethereum's Vitalik agree on new idea as BNB remains stagnant

Binance's CEO shared a solution to help avoid exchanges using customer funds as presented by Vitalik Buterin BNB continues to prevail in static positions, according to its on-chain informatThe post Binance's CZ and Ethereum's Vitalik agree on new idea as BNB remains stagnant appeared first on AMBCrypto.

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Binance CEO Says Why You Should Avoid Exchanges That Do This

CEO of biggest exchange on market explains how to avoid losing funds on crypto trading platforms

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Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot.

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Binance CEO CZ on FTX crash: “We’ve been set back a few years”

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

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Binance CEO CZ on FTX crash: ‘We’ve been set back a few years’

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

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Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange

On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had anticipated an interest […]

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FTX resumes withdrawals, SBF opens up, but will SEC allow the 'Sun' shine

Troubled cryptocurrency exchange FTX, resumed withdrawals despite Binance’s decision to back out from its initial offer to save the firm. Rumors of users being able to salvage some funds had spread The post FTX resumes withdrawals, SBF opens up, but will SEC allow the 'Sun' shine appeared first on AMBCrypto.

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Binance Walks Away From FTX Buyout, Citing Mishandled Funds and US Agency Investigations

Binance said it is abandoning early plans to acquire embattled rival FTX after going through the company’s financials and structure. The post Binance Walks Away From FTX Buyout, Citing Mishandled Funds and US Agency Investigations appeared first on BeInCrypto.

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Binance Walking Away From FTX Deal After Seeing Books, Reports of Mishandling Funds

Binance is reportedly walking away from its deal to acquire FTX. Backout The world’s largest crypto exchange, which announced just yesterday that it would acquire the world’s second-largest exchange, is...

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Binance tops up SAFU fund to $1B USD after Bitcoin volatility

In the face of alarming BNB Volatility, Binance has topped up its emergency Insurance Fund ‘SAFU’ with over $700 million to safeguard its funds. Binance tops up SAFU fund The world’s largest cryptocurrency exchange platform, Binance, has topped up its…

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Binance reassures users by topping up SAFU to $1 billion

The crypto-market turmoil triggered by FTX’s solvency concerns has got the whole industry in a blanket of FUD. Everyone from influencers, traders, and investors are scrambling to take their funds ofThe post Binance reassures users by topping up SAFU to $1 billion appeared first on AMBCrypto.

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US Investigating FTX Empire Over Handling Of Customer Funds: Report

US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.

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Binance tops up SAFU fund at $1 billion amid price fluctuations

Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on.

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Are FTX Client Funds Doomed? SBF Sends Email To Investors

Events surrounding the FTX and Binance drama spilled over yesterday. With the demise of FTX, the second largest exchange in the world and one of the supposed flagships of the industry, the crypto market has seen one of the darkest days in its recent history.

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Binance USD Supply Increases Amid Heated Stablecoin Wars

The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that stablecoins hedge your funds against the impact of macroeconomic factors like inflation.

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Binance Custody Partners TRM Labs to Bolster Regulatory Compliance

Binance will adopt a new compliance mechanism for its custody solution. Binance Custody is integrating TRM’s complete service platform to bolster its risk management, ensure regulatory compliance, and help to monitor funds and transactions from its customers. Eliminating Risks and…

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Binance Becomes Second-Largest Voting Entity on Uniswap DAO

Uniswap’s founder has accused Binance of using customer funds to amass governance votes.

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Ukrainian art museum to preserve art and cultural heritage through NFT auction

The Kharkiv Art Museum launched a new NFT collection on the Binance NFT marketplace to help raise funds for operations and the preservation of cultural heritage.

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Solana-based DeFi Platform Loses $100 Million In Gruesome Hack As Network Woes Continue

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Binance Smart Chain Reduces BNB Hack Damage by 80%, Oryen Network Shows Strength

Hacks and exploits are sad but a regular occurrence in the crypto industry. The attackers usually exploit bugs and vulnerabilities in innovative code, draining funds and then vanishing into nirvana.

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Binance Hacker Put Millions Of New BNB In Circulation, What Does This Mean For Price?

In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto market, the hacker did not steal user funds.

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CryptoSlate Wrapped Daily: US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion

The biggest news in the cryptosphere for October 3 includes, Binance burning 5. 5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning over 70% of stolen funds.

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Binance Froze $1.5 Million Ties To Money Laundering Scheme, India Authorities Say

India’s law enforcement agency Directorate of Enforcement (ED) froze over $1,5 million deposited in crypto exchange Binance. The funds were deposited in Bitcoin via a transaction tie to crypto exchange WazirX and the Mobile Gaming App called E-Nuggets.

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Over 43,000 BTC Has Moved From Huobi To Binance – Whale Alert 

According to a report from Whale Alert, over 43,000 BTC ($820m) has moved from Huobi’s wallet to Binance. However, Huobi has responded by saying that it is the internal flow of funds due to normal user withdrawals. Huobi Says It…

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Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC

Binance, the world's largest cryptocurrency exchange, has shaken up the vital stablecoin market, announcing it will automatically move customers' funds to its Binance USD (BUSD) token from alternatives including the larger USD Coin (USDC).

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Binance Froze Russian Gun Maker's Crypto Assets, Amid Ukrainian Pressure

Vladislav Lobaev, a Russian gun manufacturer, raised $21,000 in crypto for the war in Ukraine before the world’s largest crypto exchange locked down the funds.

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Binance recovers $450K stolen from Curve DNS Hack

Binance CEO Changpeng Zhao tweeted on August 12 that the exchange has identified and frozen 83% of the funds stolen from Curve Finance after the hacker attempted to launder it through Binance. The post Binance recovers $450K stolen from Curve DNS Hack appeared first on CryptoSlate.

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Binance recovers the majority of funds stolen from Curve Finance

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds.

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Binance заблокировала украденные у Curve Finance $450 000

Биткоин-биржа Binance заморозила $450 000 из украденных злоумышленниками средств из DeFi-протокола Curve Finance, сообщил глава платформы Чанпэн Чжао. Binance froze/recovered $450k of the Curve stolen funds, representing 83%+ of the hack.

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Crypto Exchange Binance Recovers $450K Stolen From DeFi Protocol Curve.Finance

The world's largest exchange is now working with law enforcement to return the stolen funds.

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Binance Recovers $450K Stolen From Curve.Finance

The world's largest exchange is now working with law enforcement to return to stolen funds.

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Panic Grips WazirX Users After Binance's CEO Advises Users to Move Funds

Changpeng "CZ" Zhao has stirred panic among users of WazirX saying Binance could shut down the Indian cryptocurrency platform and advising its users to transfers their funds to Binance.

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Panic Grips WazirX Users After Binance's CZ Asks Users to Move Funds

Changpeng "CZ" Zhao has stirred panic among users of WazirX saying Binance could shut down the Indian cryptocurrency platform and advising its users to transfers their funds to Binance.

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Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.

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Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack

Axie Infinity CEO and co-founder Trung Nguyen moved $3 million worth of AXS tokens to Binance before disclosing the Ronin bridge exploit, Bloomberg News reported on July 28. The post Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack appeared first on CryptoSlate.

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Binance CEO: Avoid Crypto Exchanges That Need Funding To Survive

Changpeng Zhao, CEO of the Binance, has offered advice to the cryptocurrency community in response to the recurrent cases of cryptocurrency platforms blocking users’ accounts and preventing them from accessing their funds.

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Binance.US Targeting $50M Follow-On Raise at $4.5B Valuation

The U.S. arm of the crypto exchange giant is looking to raise additional funds after closing a $200 million seed round in April.

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Binance suspends Bitcoin withdrawals — CZ says funds are ‘SAFU’

A temporary pause on Bitcoin withdrawals has been imposed on the world’s largest exchange, Binance.

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Binance VC Arm Raises $500M To Drive Blockchain And Web3 Adoption

Binance Labs, the venture capital and incubation unit of Binance has completed a $500 million investment funding round. According to a Wednesday, June 1 announcement, the funds were pooled from a list of leading global institutional investors including Breyer Capital, DST Global partners as well as private major equities, family offices, and corporations that contributed […]

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Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter.

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Binance Pool Review – Fees, Payouts, Supported Coins

What Is Binance Smart Pool Binance is a platform where users can exchange commonly used cryptocurrencies and store their electronic funds. With their new Pool feature, users can deposit their coins which the user then receives interest on.

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How to Send Solana From Exchange (Binance, Coinbase) to Phantom Wallet?

INTRO Moving your crypto funds from an exchange to a wallet should not be complicated. Most of the time, you have to send the coins from your exchange to the address of your wallet, and the whole process from your end should be done within 10 minutes.

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Binance recovers $5.8 million stolen during the Axie Infinity hack

Binance, the world’s largest cryptocurrency exchange by trading volume, reported Friday that it had recovered $5. 8 million worth of funds stolen in a recent attack on the Axie Infinity’s Ronin Network.

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Binance recovers $5.8M in funds connected to Ronin bridge exploit

Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker.

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Binance изъяла у хакеров криптоактивы на $5,8 млн, связанные со взломом Ronin

Биткоин-биржа Binance вернула часть украденных хакерами активов Axie Infinity на сумму $5,8 млн, сообщил CEO компании Чанпэн Чжао. The DPRK hacking group started to move their Axie Infinity stolen funds today.

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Binance Recovers Portion of Funds Linked to North Korea-Orchestrated Axie Infinity Hack

Binance has managed to recover a portion of funds stolen by North Korea from Axie Infinity

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Binance Recovers $5.8M Linked to Axie Infinity Hack

The funds were spread over 86 accounts, Binance’s founder confirmed.

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Router Protocol adds Optimism and Arbitrum to its cross-chain messaging platform

Router Protocol, an infrastructure layer enabling communication between blockchains, today announced it has added Optimism and Arbitrum to its platform. The community can now transfer funds and swap assets across networks with the largest TVL in cross-chain bridges (Fantom, Polygon, Avalanche C-chain, and Arbutrum), in addition to Ethereum, Optimism, and Binance Smart Chain.

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