Close Menu
Cryprovideos
    What's Hot

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Chaos Erupts Over Unapproved Trump-Branded Crypto Pockets: Right here is the Fact – BlockNews

    June 6, 2025

    Solaxy Raises $44 Million for Solana Layer 2: Greatest Crypto Presale? – CryptoDnes EN

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Binance CEO Stuns Group With 'Safer Crypto for Everybody' Tweet
    Binance CEO Stuns Group With 'Safer Crypto for Everybody' Tweet
    Crypto News

    Binance CEO Stuns Group With 'Safer Crypto for Everybody' Tweet

    By Crypto EditorFebruary 20, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Binance chief govt officer Richard Teng, who took the steering wheel of the platform from Changpeng Zhao (CZ), has taken to his account on the X platform (previously broadly often called Twitter) to share some vital info with the Binance neighborhood.

    Teng shared a hyperlink to a just lately issued Binance article in regards to the platform’s substantial progress in serving to the neighborhood to slash crime within the cryptocurrency house, inviting his followers to learn it.

    In line with the CEO, final 12 months, Binance helped to forestall greater than $4 billion in potential losses within the crypto house. His tweet was entitled: “Safer crypto for everybody!”

    Safer crypto for everybody!

    In 2024, illicit crypto transactions fell to only 0.14% of complete quantity, pushed by business efforts. #Binance alone helped forestall $4.2B in potential losses by proactive safety measures.

    Learn extra ⤵️https://t.co/ChCRTuz619

    — Richard Teng (@_RichardTeng) February 20, 2025

    Binance’s profitable streak in opposition to crypto crime

    The article begins by saying that in line with Chainalysis, in 2024, the general unlawful cryptocurrency transaction quantity declined to only 0.14%, which implies a considerable decline in crypto crime. Binance was one of many key contributors to that spectacular outcome.

    Due to the measures taken by Binance – proactive prevention, restoration of stolen crypto 0and real-time danger administration, the platform managed to avoid wasting its customers from doubtlessly dropping greater than $4.2 billion final 12 months.

    The report additionally identified that regardless of an enormous surge in Binance customers, funds inflows and the corporate’s market capitalization, legal transfers didn’t observe swimsuit on the world’s largest alternate.

    Associated

    Binance CEO Stuns Group With 'Safer Crypto for Everybody' Tweet

    Recovering $9.1 million in stolen funds

    In 2024, Binance made intensive investments in compliance packages, placing tons of of tens of millions of {dollars} in them. In consequence, the Binance staff of 650 execs within the compliance sphere managed to safe 21 regulatory licenses across the globe, which is greater than some other crypto buying and selling platform achieved final 12 months.

    Binance has additionally revealed its efforts at proactive consumer safety from crypto scams and fraud. To reach that discipline, Binance launched the Danger Sniper channel on Binance Sq., which revealed real-time alerts and warned customers about high-risk wallets and hyperlinks. However other than that, this account was additionally an academic hub to assist customers acknowledge scams as they have been solely rising. 

    Associated

    Czech Central Bank Head: Bitcoin Should Not Be 'Lumped Together' With Other Cryptocurrencies

    In consequence, Binance “recovered $9.1 million in funds for rip-off victims, blacklisted 47,000 malicious addresses.”

    Binance continues to enhance its safety and fraud prevention methods by investing in AI-driven danger administration and partnerships around the globe, and general growing its requirements for consumer safety and safety.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Chaos Erupts Over Unapproved Trump-Branded Crypto Pockets: Right here is the Fact – BlockNews

    June 6, 2025

    Solaxy Raises $44 Million for Solana Layer 2: Greatest Crypto Presale? – CryptoDnes EN

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    Switzerland greenlights crypto tax data sharing with 74 nations

    June 6, 2025
    Latest Posts

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    Bitcoin Bombshell: Ulbricht Donor Linked To AlphaBay Kingpin

    June 6, 2025

    Bitcoin Sinks, Tesla Shares Plunge Amid Elon Musk-Trump Conflict

    June 6, 2025

    Breaking: Metaplanet Publicizes Objective to Maintain 210,000 Bitcoin by 2027

    June 6, 2025

    Dealer Warns Bitcoin Is in ‘Cancerous Value Motion,’ Says One Ethereum-Primarily based Altcoin That’s Exploded 143% in One Month Will Go Larger – The Day by day Hodl

    June 6, 2025

    Bitcoin Settling $7.3B/Day In Quantity: How Does Visa Evaluate?

    June 6, 2025

    Bitcoin ETFs bleed on Trump-Musk fallout as sentiment turns to worry

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Business Waves Goodbye to Prime Fed Regulator as Resignations Pile Up – Decrypt

    January 7, 2025

    Bitcoin (BTC) Smashes By means of $100,000 Following Trump’s Choose of Paul Atkins for SEC Chair – The Each day Hodl

    December 6, 2024

    Finest Crypto to Purchase Now as Wall Road Specialists Predict Bitcoin Will Exchange US Greenback in 10 Years

    May 15, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.