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February 13, 2023

Binance CEO Warns of 'Profound Impacts' on Crypto Industry if BUSD Is Ruled as a Security Following SEC Action

Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News

February 13, 2023

InBitcoin News

[ad_1] Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission (SEC) against Paxos, the issuer of Binance USD. Binance’s CEO on SEC Action Against Paxos and BUSD […]

DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

February 13, 2023

InBlockchain

[ad_1] Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year. According to a report from CoinGecko using data sourced from DeFiYield’s REKT Database, nearly half of the total crypto stolen in 2022 was fleeced using diverse methods. This includes […]