binance

Binance Advises Nations on Crypto Regulations and Bitcoin Adoption

Binance Advises Nations on Crypto Regulations and Bitcoin Adoption

Binance, under the leadership of its new CEO Richard Teng, is actively advising countries on developing crypto regulations and adopting Bitcoin. This announcement comes in the wake of Changpeng “CZ” Zhao’s departure for which CZ continues to own a controlling stake in the firm. Binance supports governments in shaping the...
KiloEx Hack A Wake-Up Call: Are Binance-Backed Projects Safe?

KiloEx Hack A Wake-Up Call: Are Binance-Backed Projects Safe?

Meet Sarah, an essential worker and a single mother who’s juggling two jobs. She sunk a good chunk of her life savings into KiloEx. These funds had initially been earmarked for her daughter’s college education, but the promise of impressive returns and the safety associated with Binance Wallet integration brought...
KiloEx $7M Hack: Binance Wallet Link & Multi-Chain Risks Exposed

KiloEx $7M Hack: Binance Wallet Link & Multi-Chain Risks Exposed

That kind of exploitation shouldn’t keep the recent hack of KiloEx from shocking the decentralized finance (DeFi) community. It caused a $7 million loss, sending shockwaves across the industry. This incident paints a clear picture of the vulnerabilities multi-chain platforms introduce. Most importantly, it highlights the need for rigorous security...