In a bold bid to fast-track its digital economy, Pakistan has enlisted former Binance CEO Changpeng “CZ” Zhao as a top crypto adviser. The move signals the nation’s urgency to harness blockchain innovation amid surging cryptocurrency adoption and regional competition. A High-Stakes Appointment for Pakistan’s Crypto Future Pakistan’s Finance Ministry confirmed Zhao’s advisory role to its newly formed Crypto Council…
The crypto world reeled in 2022 as hackers stole $586 million from Binance’s BNB Chain, exploiting a bridge vulnerability. The breach ranked as the third-largest crypto heist, which triggered an eight-hour network freeze, leaving users locked out and questioning the chain’s “decentralised” claims. Here’s how chaos unfolded. How A Flaw in the System led to Bridge Exploit On October 6,…
A silent shift is reshaping how investors grow wealth in the crypto world. While markets fluctuate, a niche strategy is gaining traction that is turning digital assets into steady income streams. Behind the scenes, platforms are racing to meet demand, blending innovation with financial opportunity. But what’s fuelling this surge? Why Crypto Lending Is Dominating Portfolios Traditional investments struggle to…
Abu Dhabi investment group MGX pledged $2 billion in cryptocurrency to Binance, marking the exchange’s first institutional investment. The transaction, announced Wednesday, used an undisclosed stablecoin pegged to fiat currency. Binance confirmed MGX will become a minority shareholder, though exact stake details remain private. Meanwhile, MGX CEO Ahmed Yahia emphasised the move aligns with Abu Dhabi’s vision to lead blockchain…
Binance slashed 94.1% of its Bitcoin holdings and 99.9% of Ethereum reserves between January and February 2025, blockchain data reveals. The exchange converted $4.33 billion in BTC and $5.83 billion in ETH to USDC, spiking its stablecoin reserves by 57.5%. Critics argue the timing, which is just 10 days before Bybit’s $1.46 billion hack. This raises red flags. “Crypto never…
Vine co-founder Rus Yusupov has transformed nostalgia into a groundbreaking cryptocurrency phenomenon. The VINE token, launched on the Solana blockchain, has electrified the digital landscape with its unprecedented market performance and cultural significance. The Nostalgic Rocket Launch “Remembering all the fun we had building Vine—let’s relive the magic and DO IT FOR THE #VINECOIN,” Yusupov shared with his followers. ”…