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The $4.3 Billion Binance Fine: An Insight

The Origin of Binance Founded amidst the crypto boom of 2017, Binance quickly became a major player in the crypto market. As Initial Coin Offerings gained popularity, Binance facilitated the buying, selling, and trading of various cryptocurrencies, generating profits from each transaction. Its initial success was fueled by a surge in Bitcoin prices, a proliferation […]

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Hackers Take Control Of Robinhood’s Social Media Account To Promote A Scam Token

The social media account of Robinhood, a well-known online trading platform in the United States, was hacked to promote a scam token. The scam token, which is called RBH, was built on BSC, thereby tarnishing the reputation of the BNB Chain. The fraudulent activity occurred yesterday, with the hacker claiming that the coin’s initial price […]

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BNB Smart Chain Suffers Exploit with Hundreds of Millions of Dollars Stolen

Binance Coin (BNB) suffered a sharp decline on Friday after reports of a cross-chain bridge attack had occurred on October 6 on the BNB Smart Chain, which saw about 2,000,000 BNB ($562 million using the current exchange rate) get stolen. Reports also showed that “Tether blacklisted the account,” which pushed Binance to pause the entire […]

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