Crypto futures and options exchange Deribit suffered a security breach around midnight on Tuesday, and hackers made off with almost $28 million from the exchanges hot wallet. Exchanges typically use hot wallets for instant withdrawals. These types of wallets, however, carry high risks, since their private keys are stored on the companys servers for signing…
Even as Tesla Inc. CEO Elon Musk acquired social media giant Twitter in a $44 billion deal, Binance Co-founder and CEO Changpeng “CZ” Zhao announced on Friday that the company had “wired” $500 million toward the purchase, making the cryptocurrency exchange a stakeholder in the company. “Our intern said that 2 days ago, we wired…
Twitter, the social media platform, announced today it would allow users to buy, sell, and show off NFTs right on tweets, partnering with four markets. The integration, called “NFT tweet tiles,” displays an NFTs artwork within a special panel inside of the tweet, and includes a button that allows users to click to a Marketplace…
Changpeng Zhao, the CEO of Binance, has revealed that the Central Bank of the Republic of Kazakhstan is going to integrate its Central Bank Digital Currency (CBDC) in BNB Chain. The company has recently been strengthening its presence in the Central Asian nation. The regulator there, the AIFC Financial Services Authority (AFSA), has allowed it…
