Binance ecosystem
Binance ecosystem

EtherHiding: Hackers create novel way to hide malicious code in blockchains

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  • October 16, 2023

Threat actors have worked out a way to hide malicious payloads in Binance smart contracts to lure victims into updating their browsers from fake prompts, according to cybersecurity researchers. News Cybercriminals have discovered a new way to spread malware to unsuspecting users, this time by manipulating BNB Smart Chain (BSC) smart contracts to hide malware […]

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Binance ecosystem

Ecosystem developers bring Bitcoin to Cosmos network

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  • October 9, 2023

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin BTC $27,518 to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin to […]

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Binance ecosystem

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

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  • October 8, 2023

According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. News Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried. According to reports from Inner City Press, […]

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Binance ecosystem

How does blockchain solve the Byzantine generals problem?

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  • October 4, 2023

Byzantine generals problem explained A reliable computer system must be able to function even if one or more of its components fails. A failing component may display a frequently overlooked behavior: delivering contradicting data to different sections of the system. So, what is the Byzantine generals problem? The Byzantine generals problem is an abstract expression […]

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Binance ecosystem

Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

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  • September 26, 2023

Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks. News Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment toward cryptocurrencies. Crypto exchange-traded products are designed to track […]

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Binance ecosystem

Bitcoin investors are bullish on the US Fed’s $100B loss

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  • September 19, 2023

The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies. Markets News The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the […]

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Binance ecosystem Cryptonews Deals

SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing

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  • September 13, 2023

Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. News Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains resolute that his agency should be the one to reign over crypto, […]

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Binance ecosystem

Bitget announces further $100M fund for ecosystem development

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  • September 13, 2023

The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia. News Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth.  In an […]

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Binance ecosystem

Binance’s CZ warns crypto community about emerging scam

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  • August 3, 2023

The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer’s wallet. NEWS Binance CEO Changpeng “CZ” Zhao warned his followers on X — formerly Twitter — about a tricky and increasingly popular scam targeting the crypto community in which fake wallet addresses are used to defraud […]

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Binance ecosystem

Binance to offer crypto broker-dealer services in Dubai with new license

Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. NEWS Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai. Binance’s Dubai-based subsidiary, Binance FZE, has obtained the Operational Minimum Viable Product (MVP) […]

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