By Sam Becker November 21, 2023 Changpeng Zhao (also known simply as “CZ”), the founder and CEO of cryptocurrency exchange Binance, has agreed to step down from his position and will plead guilty to violating anti-money laundering requirements enforced by the U.S. Department of Justice, according to numerous media reports. Zhao is expected in … Continue reading Binance CEO Changpeng ‘CZ’ Zhao will step down in a dramatic fall for one of crypto’s most visible leaders
Tag Archives: Binance
Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid The company saw its rival’s books and decided to walk away. I. Bonifacic @igorbonifacic Dado Ruvic / reuters FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it … Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
Binance Recovers Nearly $6 Million from Hackers of Axie Infinity
Alejandro Arrieche Last updated: 22 April 2022 The popular cryptocurrency exchange Binance reportedly recovered a total of $ 5.8 million of the approximately $ 650 million stolen by North Korean hackers from the popular play-to-earn (P2E) platform Axie Infinity. In a tweet published this morning, the founder of the global crypto exchange, Changpeng Zhao, a.k.a … Continue reading Binance Recovers Nearly $6 Million from Hackers of Axie Infinity
Binance Carries Out 19th Token Burn Worth $741 Million
Alejandro Arrieche Last updated: 20 April 2022 The popular cryptocurrency exchange Binance just announced that it completed its 19th token burn for a total of 1.84 million BNB tokens whose market value is approximately $ 741.84 million. According to data compiled by CoinMarketCap, the current circulating supply for BNB stands at 165.12 million which means … Continue reading Binance Carries Out 19th Token Burn Worth $741 Million
UST Staking on Binance available, TerraUSD 14 – 20% APY
Michael Abetz Last updated: 7 April 2022 UST staking on Anchor Protocol is one of the best ways to earn interest on stablecoins and Binance has recognized that by also announcing support for UST staking (TerraUSD) within its Binance Earn platform. Founder of Terraform Labs Do Kwon also tweeted the Binance announcement, and that the … Continue reading UST Staking on Binance available, TerraUSD 14 – 20% APY