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Binance
Binance.US Quits Blockchain Association, Forms In-House Lobbying Shop
A source close to the company says the groups’ goals “were not fully aligned.”

Binance Exec on North Korean Involvement in Axie Infinity Hack
Binance Vice President of Global Intelligence and Investigations Tigran Gambaryan discusses North Korea’s alleged involvement in the over $600 million exploit of Axie Infinity’s Ronin network and the crypto exchange’s involvement in ongoing investigations.

US Says N Korea Behind Hack; Binance Closer to Thai Business
Binance is closer to Thai business as Gulf Energy greenlights joint venture. U.S. points finger at North Korea over $600 million Ronin hack. Chainalysis says investors should keep size of crypto hacks in perspective. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

BNB Chain Burns Over $770M Worth of BNB Tokens
The tokens were burned automatically for the first time this quarter.

MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Binance wins Abu Dhabi nod for another Middle Eastern outpost. India’s MobiKwik pulls crypto support. South Korea’s president-elect forges ahead with crypto policies. Twitter hacker takes over verified accounts to promote fake Azuki NFT drop. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi
The crypto exchange is seeking to be a fully regulated virtual asset service provider throughout the Middle East and beyond.

Sky Mavis COO: $625M Axie Infinity Hack Was ‘Social Engineering’
Sky Mavis COO & Co-Founder Aleksander Larsen shares an inside perspective on the $625 million exploit of Axie Infinity’s Ronin network, explaining the circumstances that lead to the attack and the subsequent wave of financial support from Binance and venture capitalists to refund the victims. Plus, a conversation on the security of blockchain bridges, lessons learned for the overall crypto ecosystem and the launch of Axie Infinity: Origin.

Sky Mavis Raises $150M to Reimburse Axie Infinity Hack Victims
Sky Mavis, the company behind play-to-earn game Axie Infinity, has raised $150 million in an investment round led by Binance to reimburse victims of the Ronin network hack. “The Hash” group discusses the aftermath of the largest hack in DeFi history and the growing investor appetite in blockchain gaming.

Binance.US Valued at $4.5B Valuation After First Fundraising Round
Binance.US, the American arm of the world’s largest crypto exchange, has raised over $200 million in its first external funding round, valuing the company at $4.5 billion. “The Hash” group discusses Binance’s plans for an IPO during the next two to three years and the platform’s global presence.

Binance.US Raises First Funding Round at $4.5B Valuation
The $200 million fundraise will be used to ramp up marketing ahead of a public listing in “the next two to three years,” a spokesperson said.
