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Teng’s tenure will focus on three aspects of the business as CEO: reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said.

New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics

Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, Richard Teng, took to X (formerly Twitter) in an at...

10 months ago

The court in Podgorica made a positive decision in the extradition case of Terraform Labs founder Do Kwon.

Breaking: Montenegro court approves Do Kwon’s extradition

According to the document, the requests of both the South Korean and US authorities were satisfied. The final decision on where to extradite Kwon will be made by the country’s Ministe...

10 months ago

The COVID-19 pandemic brought a significant rise in broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs.

Hong Kong to use AI against superbugs and antibiotic overprescription

Hong Kong’s Hospital Authority (HKKA) is planning to tackle a notable rise of two superbugs, vancomycin-resistant enterococci and Candida auris, with the help of artificial intelligence (A...

10 months ago

HTX Announces Airdrop to Thank Users

HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event

HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as ...

10 months ago

According to Ambient Exchange founder Doug Colkitt, KyberSwap’s $46 million hack was “the most complex and carefully engineered smart contract exploit” and confirmed that what happened was an infinite money glitch.

KyberSwap Exploited in $46 Million Attack Due to ‘Infinite Money Glitch’

In a detailed thread on X dated November 23, Colkitt outlined the intricacies of the attack, shedding light on the methods employed by the attacker. Colkitt explained that th...

10 months ago

"Huobi HTX has now properly handled this attack," the crypto exchange stated.

HTX to restore services 'within 24 hours' after $13.6M hack

Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. According to its official anno...

10 months ago

The company posted its record quarter just days after Nvidia stock achieved an all-time high.

Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver

Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion. The better-than-expected ea...

10 months ago

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid.

Appeals court rejects Sam Bankman-Fried’s bid for release

FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed, while his legal team appeals his convict...

10 months ago

Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”

Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholde...

10 months ago

The UK government has announced the implementation of the Digital Securities Sandbox, a significant initiative aimed at integrating digital assets into the nation’s financial market infrastructure.

UK treasury secretary unveils new law to strengthen digital asset industry

The UK government, under Chancellor Jeremy Hunt’s autumn statement, announced plans to implement the Digital Securities Sandbox (DSS), showing how financial markets operate and i...

10 months ago