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Binance
Binance Pool Starts $500 Million Fund for Bitcoin Mining
Cryptocurrency exchange Binance has started a $500 million lending project for private and public bitcoin (BTC) miners. "The Hash" panel discusses the outlook for Binance amid crypto winter.
Binance Pool Starts $500 Million Fund to Support Bitcoin Mining
The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
BNB Smart Chain to Perform Hard Fork as Fix for $100M Exploit
The "temporary urgent patch" release will take occur at around 08:00 UTC on Oct. 12.
Justin Sun on Huobi Being Acquired by About Capital
Tron Founder Justin Sun discusses the significance of Hong Kong-based About Capital acquiring crypto exchange Huobi Global. Plus, insights into decentralized stablecoin USDD, "advantages" of central bank digital currencies (CBDCs), how Binance competes against its rivals and his "highly optimistic" outlook for China's crypto scene.
Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn’t ‘Sprung Into Action’
Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week’s $100 million exploit and how validators prevented the worst-case scenario.
Binance Hackers 'Could Have Drawn More Funds' if They Were More Organized: Chief Communications Officer
Following the $100 million exploit of Binance's BNB Smart Chain, the company's Chief Communication Officer Patrick Hillmann says the hackers could eventually be traced back to a state actor supported by a foreign entity. He shares new details on what Binance has learned about the hack.
Binance Exec on the Company’s M&A Outlook
Binance CEO Changpeng Zhao (CZ) said the company may spend over $1 billion this year on deals. Chief Communications Officer Patrick Hillmann says “we’re going to continue to keep our powder dry” amid this bear market, while discussing the attractive projects they see in the space.
BNB Chain Hack Like ‘Attacking Someone at the Joint of a Bone,’ Says Binance Exec
BNB Smart Chain continued operations following last weekend’s exploit where hackers stole $100 million from the platform. Binance Chief Communications Officer Patrick Hillmann discusses the details of the hack, the vulnerabilities of DeFi and what’s next.
BNB Smart Chain Resumes Operations After Major Exploit, $100M in Crypto Drained
Initial token movements suggested that up to 2 million BSC tokens, worth roughly $570 million at the time, were targeted by an attacker late Thursday, but Binance CEO Changpeng Zhao estimated in a tweet the attacker was only able to get away with $100 million of that. BNB Chain also tweeted that $7 million of that amount was already frozen. "The Hash" discusses the implications of cross-chain security and decentralization, and what this suggests about the future of the crypto ecosystem.
Binance CEO Zhao Taking Different Acquisition Tack Than FTX's Bankman-Fried
Both have said they're willing to spend $1 billion in deals this year.