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New Leadership at Binance: Richard Teng Assumes CEO Role After Changpeng Zhao’s Departure

Benito Cormi3 years ago2 min read

Richard Teng Takes Over as Binance CEO This week, Binance, the world’s largest cryptocurrency exchange, reached a significant settlement with the U.S. Department of Justice, resulting…

Record-Breaking 500 EH/s Peak Achieved by Bitcoin Hashrate

Benito Cormi3 years ago2 min read

Bitcoin Achieves Unprecedented Hashrate of 500 EH/s New data reveals that Bitcoin’s hashrate has reached a record-breaking level of 500 exahash per second (EH/s) on a…

Unaware Bitcoin User Accidentally Transfers $3.1 Million in One Transaction Fee

Benito Cormi3 years ago2 min read

A Costly Mistake: Paying a High Fee in Bitcoin Transaction An incident has come to light where a bitcoin user unintentionally paid a fee of 83.65…

Dwallet Labs’ Discovery of Infstones Validator Vulnerabilities Exposes $1 Billion in Compromised Staked Assets

Benito Cormi3 years ago2 min read

Introduction Cyber security firm Dwallet Labs reported on Nov. 21 that it discovered vulnerabilities in several Infstones validators that compromised over $1B of staked assets. Infstones…

Unauthorized Money Transfer Companies Identified by Ghana’s Central Bank

Benito Cormi3 years ago2 min read

Eight Money Transfer Organizations Operating Illegally in Ghana The Bank of Ghana has identified eight money transfer organizations (MTOs) operating in Ghana’s remittances and forex markets…

US Authorities Confiscate $9 Million in Tether Connected to Suspected Crypto Fraud Involving Pig Butchering

Benito Cormi3 years ago2 min read

DOJ Seizes $9M in USDT The U.S. Department of Justice (DOJ) announced on Tuesday that they have seized nearly $9 million worth of tether, a cryptocurrency…

Lawmaker Demands Gensler’s Ouster Following SEC’s Double Lawsuit Against Cryptocurrency Exchange

Benito Cormi3 years ago2 min read

U.S. Lawmaker Proposes Bill to Oust Gensler Rep. Warren Davidson has urged Congress to pass the SEC Stabilization Act to remove Gary Gensler as the chairman…

Congress Urged to Prioritize Crypto Opportunities for National Security Enhancement

Benito Cormi3 years ago1 min read

U.S. Lawmaker Pushes for Crypto Growth House Majority Whip Tom Emmer (R-MN) has called on Congress to focus on shaping cryptocurrency laws following the Department of…

KPMG and Chainalysis Collaborate to Improve Detection of Cryptocurrency Fraud and Compliance

Benito Cormi3 years ago3 min read

Strategic Partnership to Strengthen Efforts Against Crypto Asset Fraud KPMG in Canada and Chainalysis have formed a strategic alliance to enhance monitoring and risk management tools…

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