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watch now VIDEO 3:28 03:28 Need regulation to be pro-innovation, says Binance CEO Squawk Box Europe Cryptocurrency exchange Binance is getting closer to figuring out the identity of a hacker that orchestrated a $570 million hack on its BNB blockchain, CEO Changpeng Zhao told CNBC Monday. After getting some tips from law enforcement on who the hacker might be, Binance is now "narrowing down" the person or persons behind the attack, Zhao said in an interview on CNBC's "Squawk Box Europe." The attack in question saw a so-called cross-chain bridge targeted, allowing an as-yet unknown hacker or hackers to withdraw 2 million of Binance's BNB tokens worth around $570 million at the time. More than $1 billion has been lost to breaches on cross-chain bridges so far this year, tools that facilitate the swift transfer of tokens from one blockchain platform to another, according to Chainalysis data. Popular in the world of "DeFi," or decentralized finance, ...

N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether. N26 European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the first market for the product. The service, called N26 Crypto, is set to become available to N26's Austrian clients in the coming weeks and will initially include 100 tokens including bitcoin and ether. N26 plans to roll out the feature to users in other markets over the next six months and eventually expand its token offering to include a total 194 coins. Gilles BianRosa, N26's chief product officer, told CNBC the bank's crypto brokerage feature allows users to "dip their toes into the water in a way that's not frothy." To make a trade, users select a coin and specify how much they want to buy or sell. Once they complete their order, cash is deducted from their main account balance and appears alongside the token of their choice. Customers can also "drag ...