The hackers took over the account for a short time to promote RBH, a scam token on the Binance BNB Chain, and made over $7,000 before the account was recovered.
Binance is reportedly ramping up its legal department amid a DOJ probe and a slew of charges tied to the exchange's alleged money laundering conspiracy and breach of criminal sanctions, among others.
Changpeng Zhao tweeted that his team had persuaded Berik Sholpankulov, the First Deputy of the Governor of the National Bank of Kazakhstan, to test integrating the Digital Tenge with the BNB chain.
A back-door entry for Binance in the Philippines may now be in limbo following the BNB Chain hack last week, sending a signal to regulators about the exchange's security woes.
Not all blockchains are decentralized as they ought to be, with the recent suspension of Binance's BNB Chain as proof, posing risks among enterprises building on this technology in hopes of change.