$2,850,000,000 in Crypto Involved in Binance Hack Frozen or Intercepted, Says CEO Richard Teng
By Henry Kanapi
The co-CEO of the largest crypto exchange in the world says billions of dollars in crypto are now safeguarded by authorities and private firms following the $6.34 billion Binance hack. Richard Teng says on X that Binance is taking full responsibility for the hack and has nearly replenished all crypto assets that were…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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