Tag: Permissions

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Binance Unit in Britain Cancels UK Regulatory Authorization

June 21, 2023

Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s new crypto rules. Binance No Longer Authorized to Provide Regulated Activities…
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Transaction batching protocol Furucombo suffers $14 million “evil contract” hack

February 27, 2021

The latest attack relied on user permissions granted to the protocol The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds.  Furucombo, a tool designed to help users “batch” transactions and interactions with multiple decentralized finance (DeFi) protocols at once, fell victim to the attack at roughly 4:45 pm UTC,…
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