Binance co-CEO responds to ZachXBT: An investigation has been launched into suspected insider trading involving the RAVE token.

2026-04-19 by admin

PANews reported on April 18 that blockchain detective ZachXBT previously stated that the “pump and dump” behavior of RAVE tokens originated from three cryptocurrency exchanges. In response, Binance Co-CEO Richard Teng stated on the X platform: “Thank you ZachXBT for reporting this to Binance. We are currently investigating and will always fulfill our responsibilities to investigate all market misconduct.”

PANews, June 22 – According to Blockaid monitoring, Taiko’s ERC20 Vault on Ethereum was attacked, resulting in a loss exceeding $1 million. The root cause of the vulnerability lies in a flaw in the source signal proof verification of the Taiko cross-chain bridge, where a fabricated message proof was accepted as valid on Ethereum L1 without a corresponding legitimate MessageSent event on the Taiko source chain. This allowed the attacker to register and extract fraudulent cross-chain messages, thereby releasing assets from the ERC20 Vault without authorization.