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The $4.3 Billion Binance Fine: An Insight

The $4.3 Billion Binance Fine: An Insight
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Binance Smart Chain Resumes Operation Following $600 Million BNB Hack

Binance Smart Chain witnessed a security breach that caused approximately 2 million BNB to be stolen, which was estimated to be around $600 million. The hack prompted the BSC (Binance Smart Chain) to be paused temporarily on October 6th. This means the deposits and withdrawals were not allowed to function. Earlier today, the BNB chain […]

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Binance Secures VASP Certification in Spain

Behemoth cryptocurrency exchange Binance has secured the highly-coveted certification of the Bank of Spain to operate as a fully licensed Virtual Asset Service Provider (VASP) in the European nation. Essentially, Spanish authorities, through the Spanish subsidiary Moon Tech Spain, S.L., deem Binance compliant with all the AML/KYC requirements set by the Bank of Spain. The […]

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