2023-02-13
Well, #BUSD had a good run while it lasted. Looks like the #3 stablecoin will wind down over the next year. https://twitter.com/...
Wall Street Journal
Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties
Firm will continue to manage redemptions of the product — New York regulators directed a crypto company to stop issuing …
2022-10-08
I have huge respect for @cz_binance, but if you can easily & quickly “pause” a blockchain, it's centralised & vulnerable to government bans. #Bitcoin for example could never be “paused” this easily or quickly. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Then It Got Complicated The Guardian : World's largest crypto exchange hacked with possible losses of $500m Ephrat Livni / New York Times : Binance Blockchain Hit by $570 Million H...
2022-10-07
I have huge respect for @cz_binance, but if you can easily & quickly “pause” a blockchain, it's centralised & vulnerable to government bans. #Bitcoin for example could never be “paused” this easily or quickly. https://twitter.com/...
Reuters
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”
Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …