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Former SEC Office Of Internet Enforcement Chief Believes Binance Criminal Charges May Be Coming
Tuesday, June 13, 2023 - 2:22pm | 720Criminal changes against Binance may closely follow U.S. Securities and Enforcement Commission (SEC) action, according to a former prominent securities regulator member. John Reed Stark, a seasoned cybersecurity expert with extensive experience at the SEC, has issued a stern...
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Binance Shakes Up Workforce Amid Market Woes: Job Cuts Or Strategic Realignment?
Wednesday, May 31, 2023 - 3:36pm | 814In a significant development, Binance (CRYPTO: BNB), the world's largest crypto exchange by trading volume, has confirmed workforce reductions, according to recent reports from both Wu Blockchain and The Block. This move comes as the company grapples with a shrinking market share and apparent...
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No, Binance Did Not See 190,000 Bitcoin Outflows: Crypto Analyst Debunks FUD
Monday, May 8, 2023 - 6:40am | 523Bitcoin (CRYPTO: BTC) withdrawals from leading cryptocurrency exchange Binance are experiencing difficulties amid severe network congestion. What Happened: The issue has to do with the significant number of pending transactions and record-high fees, prompting Binance to temporarily halt...
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Binance's CZ Laughs Off Claim He's Richer Than Elon Musk, Putin: 'I Am A Small Potato'
Thursday, April 27, 2023 - 7:17am | 625Changpeng Zhao, popularly known as "CZ", the CEO of the world’s largest crypto exchange, Binance, has disputed the claim that he is the third richest man in finance. What Happened: According to Bloomberg’s list, CZ has a net worth of $28.2 billion. However, CZ himself dismissed these...
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Binance CEO Says 'We Need More DEXs' As PanCakeSwap Undergoes Major Upgrade
Wednesday, April 5, 2023 - 7:20am | 362Binance CEO Changpeng Zhao, popularly known as "CZ" said that the crypto space requires more decentralized exchanges. What Happened: According to CZ, DeFi platform PancakeSwap has most of the users while Uniswap has the highest Total Value Locked (TVL). "That’s still too centralized," CZ...
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Binance's CZ Denies Market Hack After 'Abnormal' Price Movement Suspicions
Monday, December 12, 2022 - 1:10am | 428Binance CEO Changpeng Zhao — better known as “CZ” — has responded to suspicions about the "abnormal price movements" of certain trading pairs on the exchange. What Happened: On Sunday, Binance noticed unusual price changes for certain trading pairs that...
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Bitcoin, Ethereum, Dogecoin Surge On CZ's 'Recovery Fund' Optimism: False Rally Or True Comeback?
Tuesday, November 15, 2022 - 12:57am | 796Major coins surged on Monday, with the overall cryptocurrency market capitalization rising nearly 4.5% to $843.35 billion. Cryptocurrency Performance Price (Monday, 9:45 pm EST) Bitcoin +4.25% $16,757 Ethereum +6.17% $1,259 Dogecoin +6.80% $0.086 What Happened: Bitcoin (...
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'Jail Isn't That Bad': Luna Collapse Fugitive Do Kwon, Ex-Con 'Pharma Bro' Shkreli Talk FTX-Binance Deal
Tuesday, November 8, 2022 - 3:45pm | 552Martin Shkreli, who became known for raising the price of a lifesaving drug by 5,000%, discussed the potential merger of the cryptocurrency exchange FTX with rival Binance Tuesday with Do Kwon, a South Korean fugitive. What Happened: “This is a depressing conversation,” Kwon said...
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Binance CEO Changpeng 'CZ' Zhao Could Join Twitter Board As Favor To Elon Musk
Wednesday, November 2, 2022 - 12:19pm | 675Binance CEO and co-founder Changpeng "CZ" Zhao said on Wednesday he was prepared to join Twitter's board of directors as a favor to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, though he was already very busy with his cryptocurrency exchange. “I’m...
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Binance Invests $500M Towards Twitter Acquisition: CZ Says 'We Are Small Potatoes'
Friday, October 28, 2022 - 12:28pm | 534Even as Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk acquired social networking giant Twitter in a $44 billion deal, Binance co-founder and CEO Changpeng "CZ" Zhao announced on Friday the company “wired” $500 million towards the purchase, making the crypto exchange a...
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Binance Announces New Global Advisory Board, Former Obama Advisor Among The Members
Thursday, September 22, 2022 - 5:24pm | 561Cryptocurrency exchange Binance announced on Thursday the creation of its new Global Advisory Board, a strategic group of professionals who will counsel it on the regulatory, political and societal challenges the sector is facing. Britain’s former Minister of State for...
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Bloomberg Businessweek Sued By Binance's CZ After A Controversial Report
Monday, July 25, 2022 - 6:26pm | 484Be accountable for your actions. — CZ 🔶 Binance (@cz_binance) July 25, 2022 This tweet by crypto giant Changpeng "CZ" Zhao came after confirming by a retweet that he had filed a defamation lawsuit on July 6 against Modern Media, an independent licensee and...
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Binance CEO CZ Tweets About Uniswap V3 Threat: Was It Hacked? Well, Not Really
Monday, July 11, 2022 - 8:39pm | 506Binance CEO Changpeng Zhao ("CZ") sent a tweet on July 11 alarming the Twitter Inc (NYSE: TWTR) community of a potential exploit on Uniswap (CRYPTO: UNI). What Happened: Uniswap is among the original DeFi applications on Ethereum (CRYPTO: ETH). The smart contracts that comprise...
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CZ's Next Big Move? Binance.US Appoints Former PayPal Exec As CFO
Thursday, July 7, 2022 - 1:26pm | 236Binance.US (CRYPTO: BNB) has appointed Jasmine Lee, ex-Paypal (NASDAQ: PYPL) Holdings executive, as its Chief Financial Officer. On July 7, Binance.US announced former PayPal executive Jasmine Lee to be its new CFO. According to Reuters, Lee took the position from interim CFO Eric Segal, who was...
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Binance CEO Changpeng Zhao Denies Giving 3AC A Credit Line Following The Hedge Fund's Insolvency
Thursday, June 23, 2022 - 3:56pm | 432Binance (CRYPTO: BNB) CEO Changpeng Zhao denies providing hedge fund Three Arrows Capital (3AC) with a large-scale credit line. What Happened: Singapore-based cryptocurrency hedge fund 3AC recently experienced insolvency when it was liquidated by numerous crypto firms after being unable...