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Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another chain is expected to fork away from the Ethereum branch […]

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Asia Australia Binance Bitcoin Blockchain buy the dip Canada Changpeng Zhao (CZ) Comeback Crash Crypto crypto wallet Economic and Financial Crimes Commission (EFCC) Europe Kevin O'Leary Launch Markets Merge Mining Minting naira depreciation Nepal CBDC Nepal cryptocurrency Nigeria Rates Security Spain The Weekly Trading United States wazirx

Binance CEO’s Warning About Wazirx Wallets, Nigerian EFCC on Naira Depreciation, O’Leary Buys the Dip — Bitcoin.com News Week in Review

Another week has passed and developments in the Binance-Wazirx controversy continue, Nigeria’s Economic and Financial Crimes Commission (EFCC) claims it has identified individuals fueling the naira’s depreciation, Shark Tank star Kevin O’Leary says crypto “desperately needs policy,” and the government of Nepal is preparing to issue its own digital currency. The weekend is here, and […]

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BNB/USD Price Analysis for 14th of August:  Binance Coin Bulls Are Tiring

Binance coin has been experiencing a significant bullishness in its market. Looking back in time, as far back as around the 1st of August, we can see that the market has been mostly bullish. However, around the 8th of this month, it appears as if the bullish candles are already showing up more frequently. Binance […]

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Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban

Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting. During the last seven days, the Tornado Cash governance token has lost […]

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$450 Million $570K Asia Australia Binance Binance CEO Bitcoin Blockchain Canada Changpeng Zhao Comeback Crash Crypto Curve Curve fi frontend Curve Finance CZ defi defi exploit DNS Cache poisoning ETH Ethereum Ethereum (ETH) Europe Fixedfloat funds Hack hacker's funds iwantmyname.com Launch Markets Merge Mining Minting News Rates Security Spain Trading United States USDC USDC funds

Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS […]

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Binance’s User Count Growing Due to Inflation, Says the Company’s Latin America Head

Maximiliano Hinz – top executive of Binance Latin America – argued that the spiking inflation is the main reason why the largest cryptocurrency exchange has amassed more clients in recent months. Another factor is the historically strong dollar, which has weakened other fiat currencies from emerging markets. Over the past few years, numerous experts and […]

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Binance recovers 80 percent of funds stolen from Curve Finance

Binance, a global crypto exchange, has recovered over 80% of the funds stolen from Curve Finance by exploiters. The CEO of the crypto exchange, Changpeng Zhao, confirmed the development in a Friday post on his Twitter handle. According to Zhao, Binance aided the recovery of over $450,000 of the funds. Recall that hackers exploited the […]

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Binance Recovers 83% of Stolen Funds in Curve Finance DNS Attack

Leading cryptocurrency exchange Binance has helped recover crypto assets worth about $450,000 stolen from Curve Finance users. The funds represent about 83% of the total amount stolen from users.  Binance CEO Changpeng Zhao shared the update on Twitter today, noting that the Curve Finance hacker sent the assets to Binance using different techniques to bypass […]

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Binance Recovers $450,000 Stolen in Curve Phishing Attack

The assets Binance recovered represent about 83% of the entire sum stolen in the exploit. Binance Recovers Curve Hack Proceeds Binance has traced and seized most of the assets stolen…

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Crypto Exchanges Under Probe In India For $125 Million Laundering Scheme

India’s financial crime-busting agency is now zooming its lens on more than 10 cryptocurrency exchanges in the country for what it believes is illegally moving more than 10 billion rupees ($125 million) offshore. The Economic Times reported, citing unnamed sources, that the yet to be named crypto exchanges were used by several companies as some […]