Binance User Loses $1M in Crypto Via Plugin Counter-Trading
This plugin allowed the hacker to steal Nakamao’s Binance session by gathering his browsing cookies without a password or two-factor authentication. Reportedly, a Chinese user of the crypto exchange Binance has lost crypto holdings worth an astounding $1 million from his Binance account in a recent development of crypto theft. The Chinese user Nakamao claimed that […]
Aevo Price Rises 10% As Binance Announces Key Investment
Aevo’s price rose over 10% after Binance Labs announced investment days following the tokens unlocks event. AEVO price to $1 soon? On Tuesday, Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, announced that it has invested in Aevo, a high-performance Layer 2 decentralized exchange. Consequently, the price of AEVO has increased by […]
Nigerian Court Rejects Binance Exec Tigran Gambaryan Bail
The Federal High Court in Abuja, Nigeria, refused Binance executive Tigran Gambaryan’s bail plea on charges of crypto money laundering. A federal high court judge in Abuja, Justice Emeka Nwite, has denied bail to Tigran Gambaryan , an executive of the leading crypto exchange Binance. The ruling attributed his possible escape upon release to concerns. Consequentially, Gambaryan […]
Binance Launches Spot Copy Trading
Binance unveils Spot Copy Trading on its platform, allowing users to replicate the trading strategies of expert traders. With the new capability, users can immediately mimic the trading techniques of seasoned traders. Binance also clarified the distinction between copy trading in the spot and futures markets . “Spot trading involves buying or selling crypto at […]
Binance Receives $4.4M Fine for AML, CFT Violations in Canada
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has imposed an administrative monetary penalty of $4.4 million on cryptocurrency exchange Binance. FINTRAC informed Binance Holdings Limited on May 9 that penalties had been levied in retaliation for the company’s failure to adhere to Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations. […]