Tag: Binance
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Hackers Attack Binance Smart Chain, Stole $100m
The largest cryptocurrency exchange in the world, Binance, reported on Friday that scammers had stolen cryptocurrency worth about $100 million. The entire amount taken was $580 million, but according to firm chief Changpeng Zhao, over 80% of it had been instantly frozen, and the harm was just about $100 million. He tweeted that “an…
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Binance announces Global Advisory Board
The world’s largest cryptocurrency exchange by trading volume, Binance, has announced the creation of its new Global Advisory Board, comprising distinguished experts in public policy, government, finance, economics, and corporate governance. The Global Advisory Board, chaired by former US Senator and Ambassador to China, Max Baucus, recently convened in Paris, France. The board’s purpose…
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Binance Destroys $390m Worth of Tokens
Major cryptocurrency exchange, Binance has completed its 16th quarterly Binance Coin (BNB) burn, destroying over $390 million worth of BNB. On Sunday, Binance reported that it had destroyed 1,296,728 BNB tokens valued at just under $400 million at the time. The exchange noted an additional 5,163 BNB that were destroyed through its Pioneer Burn Program…