![]() Recently, speaking at the Abu Dhabi Finance Week, Turkish-American economist Nouriel Roubini questioned why Binance was given a green light to operate in the United Arab Emirates and included CZ in the category of 'bad actors'. On November 14th, 2022, Binance founder CZ tweeted that the API key from some 3rd party. ![]() However, Changpeng Zhao, by large referred to as CZ, the co-founder and CEO of Binance, has his own share of backlash. We have published the mega list of top crypto exchange hacks. When a potential mega-bailout of Sam Bankman-Fried's FTX by Binance failed, the latter is now the undisputed leader in the space with a volume of $4.953 trillion as reported by CoinGecko. With the whole drama unfolding, one thing which existing and potential buyers of the digital currency feared the most came true: breach of trust. Update 10/7/22: At approximately 2:30 AM EST Friday, Binance again resumed the BNB Smart Chain (BSC) and enabled deposits and withdrawals on Binance. Disguised Crypto Loot Recovered After Mega Hack. Binance CEO Changpeng Zhao announced that the crypto exchange had paused withdrawals linked to a recent attack on Ankr. While the amount retrieved represents a small portion of the US600 million worth of crypto that was swiped, the accomplishment raises hopes of recovering more of the stolen funds. Over the past few weeks, the world and users of cryptocurrency were dealt a huge blow when the then world's second largest cryptocurrency exchange by volume, FTX, filed for bankruptcy. 3 min read Ankr is a crypto node service. And the cryptocurrency exchange, Binance, is on a quest to ensure it remains the leader and confidant in the world of alternate currencies. ![]() The world of web3 is expanding and advancing much faster than one would expect, with several units such as NFT, blockchain, avatars, metaverse, and cryptocurrency building the envisioned future. tied one of the biggest cryptocurrency heists in history to a North Korean hacking group, digital-asset exchange Binance said it was able to recover about 5.8 million worth of the stolen loot that had made its way onto its platform in disguised form.
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