Greg Monahan becomes Binance’s new AML officer
Former US Treasury official Greg Monahan replaces Karen Leong as the global money laundering reporting officer of the largest cryptocurrency exchange by trading volume Binance. Former US Treasury Criminal Investigator Greg Monahan has joined prominent cryptocurrency exchange Binance to supervise the company’s international Anti-Money Laundering (AML) activities, according to the exchange. Monahan worked for the […]
Binance stops trading pairs involving KRW in South Korea
Binance Korean subsidiary has halted pairs in KRW as part of efforts aimed at proactive compliance with regulatory demands. Binance has halted trading pairs in the Korean won (KRW) as part of a slew of modifications to its South Korean operations. The crypto exchange giant announced the suspension of KRW trading pairs and KRW payment […]
London court orders Binance to trace hackers involved in the Fetch.ai attack
A Binance user has taken the issue of a $2.6 million hack on Binance cryptocurrency exchange to get justice, the High Court of London has ordered Binance to identify hackers and freeze their accounts. A High Court judge accepted demands by artificial intelligence (AI) company Fetch.ai for Binance to take steps to identify the hackers, […]
Man who minted 14M ICX tokens as a result of a bug can file lawsuit to keep them
A defect in an upgrade to the ICON blockchain that occurred in 2020 allowed a user to manufacture millions of ICX tokens on a regular basis. According to a California federal judge, a cryptocurrency enthusiast who took advantage of a defect in the ICON network to mint a substantial amount of the network’s native ICX […]
Tokens on the DeFi Exchange increases by more than 10% on Ethereum
Over the last 24 hours, DGovernance tokens behind top decentralised exchanges Uniswap, SushiSwap, and 1inch Exchange have all seen significant gains, while tokens of the DeFi Exchange have increased by more than 10% on Ethereum. DEXes , or decentralised exchanges, are essential components of the cryptocurrency sector. They do away with the middlemen that centralised […]