Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.

Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.

Binance is no…

Fellow Binancians, Binance Futures will launch the USDⓈ-M 1000BONK and PYTH Perpetual Contracts at 2023-11-22 14:00 (UTC) and 2023-11-22 14:30 (UTC) respectively, with up to 50x leverage. More deta...

Looks like price manipulation.

1/ Finished a preliminary deep dive into the Kyber exploit, and think I now have a pretty good understanding of what happened.

This is easily the most complex and carefully engineered smart contract exploit I've ever seen...