Binance suspends BNB Chain after hacker creates millions of dollars in new coins
BNB's price dropped from $293 to $282 after the hacking news broke, though it had recovered slightly at press time.
BNB's price dropped from $293 to $282 after the hacking news broke, though it had recovered slightly at press time.
Leon was the chief strategy officer and resigned a week after CEO Alex Mashinsky after it was revealed they cashed out millions before freezing withdrawals in May.
WazirX will lay off as many as 70 employees, many of whom were assured of their job security just months prior as "crypto winter" and Binance spat take their toll.
Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from the platform before filing for bankruptcy protection.
Binance founder Changpeng 'CZ' Zhao gave an interview to Protocol where he expressed Binance's relationship with the two largest stablecoins: Tether and Circle's USDC.
The order appoints Shoba Pillay to provide the court with a detailed report of Celsius' financial dealings and the condition of its mining business within a stipulated time frame.
The Enforcement Director D froze a wallet containing 77 BTC, which was bought through WazirX and later transferred to Binance by the operators of E-Nuggets mobile gaming scam.
The U.S. securities regulator appears to be warming up to the notion that Ethereum is a highly centralized network, according to a lawsuit filed against crypto promoter Ian Balina.
Authorities in South Korea ordered KuCoin and OKX to freeze over 3,300 BTC they claim is owned by the Luna Foundation Guard, but Kwon claims he knows nothing about it.
Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities regulator didn’t mention the stablecoin.
Months of speculation ended as Celsius CEO Alex Mashinsky steps down from his post amidst an ongoing probe, which comes at the heels of the arrest of controversial Terra founder Do Kwon.
The plan, which wipes out Ordinary Series A shareholders, including the founders, was proposed by CEO Mark Lamb, and received 99% backing in a recent vote.