Binance

FTX working to secure assets after 'unauthorized' transactions
FTX working to secure assets after 'unauthorized' transactions
Business and Economy
by  AFP

The new CEO of troubled cryptocurrency platform FTX said Saturday the company was making "every effort to secure all assets" following unauthorized transactions potentially worth hundreds of thousands of dollars. FTX US and FTX.com "continue to make every effort to secure all assets, wherever located," Ray, who specializes in corporate turnarounds, said in the statement.

Crypto kid Sam Bankman-Fried falls prey to Binance
Crypto kid Sam Bankman-Fried falls prey to Binance
World
by  AFP

Sam Bankman-Fried has undergone a rapid transformation from top of the heap in the world of cryptocurrencies as chief of the FTX digital exchange to embattled executive forced to seek help from rival Binance. The rapid about-face was a shock: Only Monday, Bankman-Fried insisted FTX was financially stable.

Plea from Ukraine first lady kicks off annual tech summit in Portugal
Plea from Ukraine first lady kicks off annual tech summit in Portugal
Business and Economy
by  AFP

One of the world's biggest tech conferences will get going in Lisbon on Wednesday, after Ukraine's first lady formally opened the event by urging participants to use their skills to save lives rather than end them. But at Tuesday's opening ceremony, Changpeng Zhao, boss of one of the world's biggest crypto companies Binance, tried to play down the crash.

Crypto scammers make off with $100 mn from Binance
Crypto scammers make off with $100 mn from Binance
Business and Economy
by  AFP

Scammers stole cryptocurrency worth roughly $100 million from Binance, the world's biggest exchange for cryptoassets, the firm said on Friday. It is among the biggest thefts in cryptocurrency history and comes in a year where scammers preying on the sector have got away with billions of dollars.