Category: Binance

Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions

The New York Times – Business:
The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6.3 billion in tokens that has been linked to North Korea.
How Binance’s $6.3 Billion Hack Went Down

The New York Times – Business:
A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.
Binance was Hacked. What Protections Exist for Crypto Customers?

The New York Times – Business:
After a $6.3 billion hack, the company said it was going to reimburse customers who have losses.
Binance’s $6.3 Billion Hack Is Just the Start of a Risky New Era

The New York Times – Business:
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.
Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

The New York Times – Business:
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.
Binance Hack Sends Crypto Stocks Tumbling

The New York Times – Business:
The rout hit publicly traded crypto exchanges and fintech companies, as well as cryptocurrencies like Bitcoin.
Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses

The New York Times – Business:
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.
Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses

The New York Times – Business:
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.
Inside Binance Founder Changpeng Zhao’s Life After Prison

The New York Times – Business:
Changpeng Zhao, jailed in the United States for a financial crime and pardoned by President Trump, is now living a gilded life in the United Arab Emirates.
Two Chinese Firms Used Binance to Launder Iranian Oil Money, US Says

The New York Times – Business:
Federal prosecutors said proceeds from the sale of Iranian oil flowed through Binance, the world’s largest crypto exchange, to finance terrorism.
Two Binance Employees Detained in the U.A.E. Amid Police Inquiries

The New York Times – Business:
The detentions of the workers, who have been released, are a sign of legal pressure that the world’s largest crypto exchange faces in the Emirates, which is home to its main regulator.
Binance Under Fire After Reports That $1.7 Billion in Crypto Flowed to Iran

The New York Times – Business:
The world’s largest crypto exchange is under fire after investigators found accounts moving $1.7 billion to Iranian entities. Clues about those accounts were in plain sight for over a year.