Binance Recovers $3 Million of Digital Assets Stolen From Ankr Protocol
Binance has intercepted some of the cryptocurrencies stolen from Ankr Protocol in what appears to be a multi-million dollar hack.
Binance Freezes $3M From Ankr Exploit
Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack.
KuCoin Holds 4.43T Shiba Inu As Reserves, Huobi 1.85T, And Bybit 366B
Following the sudden collapse of FTX, prominent cryptocurrency exchanges have continued to publish proof of their reserves to provide more transparency into their crypto holdings.
Binance Burns 6.3 Billion LUNC, LUNC Surges 15%, Regains $1 Billion Market Cap
Binance, the world’s largest crypto exchange by trading volume, has finally burned its monthly portion of Terra Classic (LUNC) via the famous 0.2% burn tax.
Over $5M Stolen From Ankr Protocol, Binance Pauses Withdrawals
Another multi-million dollar hack has hit the decentralized finance space. The latest victim is BNB Chain-based DeFi protocol – Ankr. Initial reports suggest that a vulnerability in its code that enabled unlimited minting of tokens was exploited.
LUNC Up 15%, As Binance Helps Terra Classic Reclaim $1B Market Cap
Terra Classic (LUNC) has surged by 15% in 24 hours, with its market cap reclaiming the $1B zone following Binance’s latest monthly burn.
Binance Labs Invests Up to $4.5 Million in Ambit Finance To Boost DeFi on BNB Chain
Binance Labs has made a strategic investment in Ambit Finance to accelerate the development of trustless DeFi within the BNB Chain ecosystem.
Binance Completes the Hooked Protocol Subscription Launchpad and Will Open Trading for HOOK
The corresponding BNB tokens will be deducted from your already-locked BNB balance within 60 minutes of this announcement.
Binance Dominates the Ranks as Top Exchanges Record 75.1% Market Share
According to <a href="https://twitter.com/lars0x">Lars</a>, research director of The Block, Binance takes up to 75.1% market share, Coinbase at 9.2%, Kraken at 3.6%, and FTX at 3.1%.
Binance Exec Says Company May Not Be Around in 10 Years
Patrick Hillman, chief strategy officer of Binance, said the company may not exist in 10 years because the crypto market it is moving toward decentralized finance (<a href="https://www.coindesk.com/learn/what-is-defi/" target="_blank">DeFi</a>).
