Binance hires ex-FBI agent, while Fidelity goes on a hiring spree of 100 more people

    The US subsidiary of crypto exchange Binance has hired ex-FBI agent BJ Kang as its first head of investigations, the WSJ reported. BJ Kang is renowned as he led the numerous probes of high-profile Wall Street insider trading cases. Meanwhile, Fidelity Digital Assets expects to add about 100 more people over the next three to…

    BNB Smart Chain hit by $570 million hack

    BNB Chain, a blockchain linked to the world’s largest crypto exchange Binance, has been hit by a $570 million exploit, a Binance spokesperson said on Oct. 7. BNB Chain resumed its suspended blockchain after several hours. Changpeng “CZ” Zhao, Binance CEO, said in a tweet that tokens were stolen from a blockchain “bridge” used in…

    Binance forms its Global Advisory Board of international experts to propel Web3

    Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…

    Dubai’s Royal Family firm partnered with CoinCorner to facilitate Bitcoin transactions

    British Bitcoin trading desk CoinCorner has partnered with Seed Group, a company owned by Sheikh Saeed bin Ahmed Al Maktoum’s family office, to enter into the Dubai and broader Middle East crypto exchange market. Meanwhile, Binance has secured a license from Dubai’s crypto regulator (VARA) to offer a range of crypto-related services in the city….

    Binance and FTX reportedly lead Voyager auction

    Crypto exchanges FTX and Binance are leading the auction for embattled crypto-lender Voyager, the Wall Street Journal reports. Sources said Binance leads slightly over FTX, with a bid of $50 million. The auction winner is set for an announcement at a Sept. 29 hearing. The auction for Voyager began last week in the law offices…

    Amazon to collaborate with ECB to develop a digital euro prototype

    Amazon is among five companies to develop a digital euro prototype, as the European Central Bank (ECB) revealed its selected partners to collaborate. Amazon will be responsible for designing e-commerce payments during the prototyping exercise from September to December 2022. Meanwhile, Binance CEO praised the EU regulatory framework as a global standard for crypto regulations….