Binance Smart Chain Adds CipherTrace for Tracking Illicit Transactions
The move could open the door to more FATF-friendly DeFi in the BSC ecosystem.
The project will be run as a DAO with the Dtravel token (TRVL) being used to facilitate decision-making.
Withdrawals and deposits are temporarily paused.
The attacks occurred on ApeRocket's Binance Smart Chain and Polygon networks within a few hours of each other on Wednesday.
The attacks marks yet another exploit of a BSC-enabled DeFi protocol.
Regulatory scrutiny around Binance is likely due to a lack of clarity from governments, CZ said.