RegulationBinance
6 articles tagged Binance.
Articles
Regulation
SecurityBinance puts the hot-wallet loss near $6.3 billion. Covering it is a company promise.
Binance reopened HYPE and APT withdrawals on 8 November, and Alpha withdrawals on four networks on 9 November. INJ, PLASMA, NEAR, and LTC were not in that post. The 98% figure did not move.EasyCryptoGuides · · 19 min read
CompaniesCZ’s four-month sentence is about a person, not Binance the chain
The founder of Binance was sentenced in Seattle after a Bank Secrecy Act plea. A person went to prison. A token did not get a patch.EasyCryptoGuides · · 1 min read
CompaniesBinance pleaded guilty. BNB’s chain did not.
DOJ, FinCEN and OFAC took admissions and a multi-billion-dollar bill. Zhao pleaded to a Bank Secrecy Act failure. The token’s rules of consensus were not in the plea.EasyCryptoGuides · · 2 min read
Crypto BasicsWhat is BNB?
BNB started in 2017 as a token Binance sold for fee discounts. It is the gas on BNB Smart Chain, an EVM chain with a small validator set. A bnb1 address is a retired chain.EasyCryptoGuides · · 4 min read
Security