Binance Aids Ripple: Freezes $4.2 Million in XRP Amidst Hack
Binance halts $4.2 million XRP theft, supporting Ripple post-hack. CEO Teng pledges secure ecosystems, echoing past aid in crypto crises.

Binance halts $4.2 million XRP theft, supporting Ripple post-hack. CEO Teng pledges secure ecosystems, echoing past aid in crypto crises.
Crypto represents a truly disruptive force, redistributing value to the edge of the network, empowering the network’s creators, users, and participants to become true owners of the protocol.
2022 was the worst year ever for cryptocurrency theft, with $3.7 billion stolen. However, by 2023, stolen funds decreased by approximately 54.3% to $1.7 billion.
Ripple executives have been absolved of the charges previously levied against them but the journey continues as Ripple and the SEC must settle on remedies for institutional XRP sale violations.
Despite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
Larsen made pointed accusations that the Biden administration has cost the US its lead in the industry.
In a series of tweets released today, Whale Alert confirmed the return of 300 million XRP tokens, valued at $209 million, which were safely locked back in the Ripple Escrow wallet following the release of 1 billion tokens for the month of August.
From Ronin to Atomic Wallet, North Korean hackers have attacked many crypto companies and institutions. But what lies behind the string of attacks?
Ripple's general counsel drew attention to SEC's inconsistencies.
Chris Dixon tops Forbes' Midas List as 2022's most successful venture capitalist.