Bitcoin24h $108,093.34-0.79%

Ethereum24h $2,518.92-1.22%

XRP24h $2.22-0.68%

BNB24h $655.69-0.63%

Solana24h $148.29-1.31%

TRON24h $0.2842-0.94%

Dogecoin24h $0.1642-1.49%

Cardano24h $0.5755-1.08%

Hyperliquid24h $39.24+1.20%

Sui24h $2.92-0.03%

Binance’s memecoin platform loses almost $200K in hack

Binance’s memecoin platform Four Meme suffered a malicious attack that led to the suspension of security token LP on PancakeSwap.

Binance moved $8 billion off its proof-of-reserves

In December, Binance listed billions of dollars in excess proof-of-reserves but much of that capital buffer has now vanished from view.

As crypto prices fell over the past seven days and market caps shed billions of dollars, investors found the perfect scapegoat in Wintermute.

French investigators reportedly launched a judicial probe against Binance over tax fraud, money laundering, and drug trafficking.

A former Binance exec is suing the crypto exchange’s European arm, accusing it of unfair dismissal after calling out an alleged bribery.