Category: Bitcoin (Currency)

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 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.
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.
Adam Back Denies He Is Satoshi Nakamoto in Response to Times Investigation

The New York Times – Business:
“Dr. Adam Back has consistently stated that he is not Satoshi Nakamoto,” his company said in a statement. “What is not speculative is Adam’s foundational contribution to Bitcoin.”
Unraveling the Mystery Behind Bitcoin’s Creator

The New York Times – Business:
Our investigative reporter John Carreyrou spent 18 months digging through the archives of online cryptography communities in search of the identity of Satoshi Nakamoto, the anonymous inventor of bitcoin.
Who Is Satoshi Nakamoto? My Quest to Unmask Bitcoin’s Creator

The New York Times – Business:
Bitcoin’s creator has hidden behind the pseudonym Satoshi Nakamoto for 17 years. But a trail of clues buried deep in crypto lore led to a 55-year-old computer scientist named Adam Back.
4 Takeaways From Our Search for Satoshi Nakamoto, Bitcoin’s Creator

The New York Times – Business:
Here’s what we found suggesting that Adam Back invented Bitcoin.
Warren Requests Information From MrBeast About Crypto and Children

The New York Times – Business:
The world’s most popular YouTube celebrity, who markets to children and has bragged about crypto trades, is getting into banking. Senator Elizabeth Warren has concerns.
MrBeast Is Getting Into Financial Services With His Step App. Parents, Pay Attention.

The New York Times – Business:
Beast Industries has acquired a banklike app for young people and could eventually offer a variety of financial services, including crypto.
He Hopes to Turn the Island of Nevis Into a Libertarian Paradise, With Crypto

The New York Times – Business:
A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
Binance Pledged to Crack Down on Crime. Its Employees Found Potential Violations.

The New York Times – Business:
Internal Binance investigators traced $1.7 billion that flowed from accounts on the exchange to entities linked to Iran, according to company records and other documents.