DeFi News Daily Official TheBitTimes.com

Pseudonymous on-chain cryptocurrency analyst ZachXBT is one of the most respected voices in the crypto space — but surprisingly enough, he doesn’t offer investment advice. Instead, the ‘crypto sleuth’ has taken to unveiling and publicizing the many scams running rampant in the world of digital assets. The blockchain detective has also exposed several high-profile hacks — most recently, a $112 million XRP breach on January 31 and a $35 million Atomic Wallet hack in June of 2023. Picks for you If you put $1,000 into an Anthony Scaramucci crypto portfolio at the start of 2025, here’s your return now 1 hour ago Buy signal for two oversold cryptocurrencies amid Trump’s tariffs crash 1 hour ago ...

Binance, the world’s largest cryptocurrency exchange by trading volume, is a central part of the wider digital asset ecosystem. As such, it is often in the crosshairs of cybercriminals — ranging from the lowliest of script kiddies to state-sponsored and sanctioned outfits like the notorious Lazarus Group. Being in the spotlight does have its disadvantages — particularly amidst the growing mainstream appeal and adoption of cryptocurrencies. However, Binance seems to be holding its own rather well — per a recent annual report, the platform’s security efforts have managed to prevent roughly $4.2 billion in losses for some 2.8 million users in 2024 alone. The 24-page report covers a wide variety of topics pertaining to the exchange and the wider industry, but security was obviously a priority. Finbold has reviewed the report shared with it by the exchange to bring readers a digestible, summarized view of the most important points and developments. ...