Tag Archives: Binance

Binance CEO Changpeng ‘CZ’ Zhao will step down in a dramatic fall for one of crypto’s most visible leaders

  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

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