
Cybersecurity researchers believe the exploit was due to manipulation of the decentralized exchange‘s price oracle.
Cybersecurity researchers believe the exploit was due to manipulation of the decentralized exchange‘s price oracle.
"I will adjust the price to try to hit a sweet spot of about 10 messages per day,” CZ noted, after initially being spammed before he raised the fee.
The Binance founder was challenged on social media platform X to reveal his holdings. Bitcoin composes just 1.32 of his portfolio.
Binance executive Tigran Gambaryan was detained in Nigeria for eight months as U.S. officials battled for his release.
Binance has faced a series of regulatory hurdles in the past two years, stymying the exchange‘s plans to onboard more users.
Former Binance CEO Changpeng Zhao will retain his rights as a shareholder, but is barred from "operating or managing" the crypto exchange.
The exchange is now "fully available for Indian users," after Binance registered with the Financial Intelligence Unit as a reporting entity.
Binance.US said Monday it is ready to defend itself after a court allowed the SEC‘s case against the crypto exchange to proceed.
Nadeem Anjarwalla, who was detained alongside Tigran Gambaryan, has reportedly escaped the country and remains at large.
Nadeem Anjarwalla could be extradited to Nigeria within the week, according to government sources quoted in local media.
With one Binance executive detained in Nigeria and another having fled custody, the exchange faces a legal storm in the country.
Nadeem Anjarwalla‘s colleague, Binance Head of Financial Crime Compliance Tigran Gambaryan, remains in custody in Nigeria.
Binance‘s Head of Financial Crime Compliance Tigran Gambaryan demanded an apology from Nigeria‘s ONSA and EFCC.
Newly appointed CEO Richard Teng argued that Binance could “move past a challenging chapter” following its $4.3 billion settlement with regulators.
Prosecutors say CZ has ample means to flee, despite the hefty bond he’s placed. Now the Binance founder is stuck in the U.S. for now.
In a Twitter post, Changpeng ‘CZ’ Zhao confronted “FUD” surrounding employee turnover at the crypto exchange.
Rumors swirled earlier in the year that the controversial digital asset behemoth would drastically reduce its headcount.
Binance ended trading for more than a dozen pairs including its native BNB token, the defunct Binance USD (BUSD) stablecoin, and five involving ETH.