Crypto exchanges are rapidly evolving into digital-age banks, amassing vast troves of customer data and assets — but without the regulatory muscle or hardened security infrastructure of traditional finance. A recent breach at Coinbase, exposing sensitive user information through a social engineering attack, underscores the...
Binance and Kraken were reportedly targeted in a social engineering cyberattack. As Bloomberg News reported Friday (May 16), the hacking attempts were similar to the one revealed last week by fellow cryptocurrency exchange Coinbase. Sources told Bloomberg both Binance and Kraken were able to repel...
Four Democratic Senators reportedly said Friday (May 9) that they want answers from government officials about any ties between the digital asset ventures related to the family of President Donald Trump and cryptocurrency exchange Binance, which pleaded guilty in November 2023 to charges that it...
The Trump family’s new stablecoin was reportedly used for a $2 billion investment into Binance by Abu Dhabi’s MGX. As Bloomberg News reported Thursday (May 1), the actual investment happened in March, though the stablecoin in question was not disclosed. Zach Witkoff, co-founder of World Liberty Financial — the Trump family digital...
November 22, 2023
Cryptocurrency exchanges play a vital role in the digital asset ecosystem. They facilitate the buying, selling, trading, transferring, and storing of both individual and institutional holdings of the more than 20,000 crypto tokens in circulation. The role they play, however, is rarely without governmental scrutiny and increasingly legal consequences. From the U.S. Securities Exchange Commission […]
August 17, 2023
The year 2022 could not have been better for the world’s largest cryptocurrency exchange, Binance. Crypto markets were coming off an all-time high, and the November implosion of rival exchange FTX, Binance’s...
July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be...
June 12, 2023
Crypto’s reputation as a lawless, “Wild West,” was touted by enthusiasts as a positive. Now, as the U.S. Securities and Exchange Commission (SEC) and its head Gary Gensler aim for...
May 21, 2025
Binance has integrated its payment solution with Pix, Brazil’s instant payment system. The integration, announced Wednesday (May 21), allows people to use Binance Pay and Pix to make instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant in Latin America’s largest country. “This is a significant milestone because it is the first time Binance Pay […]
May 18, 2025
Binance and Kraken were reportedly targeted in a social engineering cyberattack. As Bloomberg News reported Friday (May 16), the hacking attempts were similar to the one revealed last week by...
May 09, 2025
Four Democratic Senators reportedly said Friday (May 9) that they want answers from government officials about any ties between the digital asset ventures related to the family of President Donald...
May 01, 2025
The Trump family’s new stablecoin was reportedly used for a $2 billion investment into Binance by Abu Dhabi’s MGX. As Bloomberg News reported Thursday (May 1), the actual investment happened in March, though the stablecoin...
