Binance weathers the storm, CZ a flight risk, HECO bridge hacked for $86M

Happy Thanksgiving to everyone in the United States! Although you may be taking the day off, crypto never does. Today, we look at how Binance’s books were affected by its settlement with the U.S. government, HTX’s HECO Chain bridge hack that resulted in $86 million stolen, and U.S. prosecutors attempting to block Changpeng “CZ” Zhao from leaving the country as an “unacceptable risk of flight.” We also look at the fantastic magazine feature on substance abuse in cryptocurrency trading. So, while you wait for your feast, make sure you fill up on information!

Further reading:

• There has been no mass exodus of funds from Binance after the DOJ settlement
• The HECO Chain bridge is hacked, with $86M stolen
• $13.6M of the hack is stolen from hot wallets on HTX
• U.S. prosecutors say CZ is an “unacceptable risk of flight”
• Crypto trading is plagued with substance abuse

So grab yourself a coffee and let's get into it.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

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The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.