– HTX exchange, formerly known as Huobi Global, has experienced its fourth hack in two months, losing $30 million in a hot wallet hack.
– The exchange has promised to fully compensate for the losses and guarantee the safety of user funds.
– In addition to the recent hack, the HTX Eco Chain (HECO) bridge was also exploited for $86.6 million.
– Binance has agreed to plead guilty to violating the U.S. Bank Secrecy Act and will pay $4.3 billion in penalties and forfeiture to the U.S. Justice Department.
– Changpeng Zhao, co-founder and CEO of Binance, has also pled guilty to one count of violating the U.S. Bank Secrecy Act.
– Zhao has stepped down as CEO of Binance and Richard Teng has been named the new CEO.
– The Bank of Korea is inviting 100,000 Korean citizens to participate in a pilot test of its central bank digital currency (CBDC).
– The participants will be restricted to using the currency for payment purposes only.
– The Bank of Korea has not yet decided whether or not to implement a CBDC, but further trials are expected.