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In Binance

As seen in: Crypto News Australia
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Articles by In Binance

Crypto Community Reacts to the Industry's Biggest Ever Exchange Hack

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By Ben Knight Verified, In Binance, Crypto Wallets, MPC Wallets
| Crypto News Australia
The ByBit exchange was hacked, resulting in the theft of $1.5 billion (AU $2.35 billion). Binance co-founder Changpeng Zhao (CZ) highlighted multisig wallets as a common vulnerability in recent hacks, including the ByBit incident. Ledger recommended using ‘Clear Signing’ to prevent blind signing issues, which might have contributed to the hack. Fireblocks suggested off-exchange settlement and MPC technology as potential solutions to enhance security and prevent similar exploits.
Open in Who Shared View Duplicates (2) Issue with article?

Coinbase and Bybit Grab Market Share After Binance’s Settlement With the US Government: Analytics Firm Kaiko

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By In Binance, Bybit G..
| Crypto News Australia
Legal troubles faced by Binance, the largest crypto exchange in the world, have allowed other exchanges to grow their market share, new data reports. Following Binance’s $4 billion settlement with the US government and its former CEO’s admission of violating anti-money laundering (AML) laws, Coinbase and Bybit have gained ground in the crypto trading industry, analytics firm Kaiko reveals. Kaiko says news of the Binance settlement added “fuel to the fire” of Coinbase’s already strong November.
Open in Who Shared View Duplicates (4) Issue with article?

Coinbase Subpoenaed by CFTC, Sends Emails to Customers as Concerns Mount

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By In Binance
| Crypto News Australia
America’s largest crypto exchange Coinbase has been subpoenaed in the latest crypto crackdown in the United States. In action against Bybit, the Commodity Futures Trading Commission is seeking information to bolster its case. Coinbase users have started receiving emails regarding ongoing legal action by the CFTC against another exchange. Several users of the America’s leading crypto exchange reported receiving emails from the firm on Nov. 27.
Open in Who Shared View Duplicates (5) Issue with article?
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