Tag: $Binance

Why a $6.3 Billion Crypto Hack at Binance Strikes at Heart of Bitcoin’s Trillion Dollar Industry

A $6.3 billion heist at cryptocurrency exchange Binance—perhaps the largest hack in history—should rattle the entire $2.5 trillion digital asset market.

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

The Securities and Exchange Commission filed 13 charges against Binance, the world’s largest crypto exchange, and its founder, Changpeng Zhao, alleging both comingled billions of dollars worth of user funds and sent them to a European company controlled by Zhao.