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” Twitter monetization and free speech drove Binance’s $500M injection: CZ “ Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free speech and the opportunity to eventually “help bring Twitter into Web3.” CZ’s comments came from an Oct. 31 CNBC…
” Boo! Halloween-themed shitcoins materialize to haunt crypto Twitter “ The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw an influx of Halloween-themed cryptocurrencies hoping to cash in on the hype around the festivities. Halloween-themed cryptocurrencies have taken over the…
” Binance Coin jumps to new BTC all-time high as Elon Musk’s Twitter fuels DOGE bulls “ Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Coin sets new record against BTC Data from Cointelegraph…
” Binance may form a team to support Twitter’s blockchain efforts “ According to reports on Oct. 28, crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire Elon Musk. The development came hours after Binance’s founder and CEO, Changpeng…
” Binance wired $500M to back Musk’s Twitter takeover — CZ “ Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover. Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new…
” A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance “ Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs. The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before. Binance finishes the day 55,000…
” How CZ built Binance and became the richest person in crypto “ Changpeng “CZ” Zhao, the founder and CEO of global cryptocurrency exchange Binance, is one of the most influential crypto personalities today, but his story is a true rags-to-riches one. CZ was born in a village in Jiangsu, Shanghai, and his family migrated…
” Crypto Biz: Bear market claims another casualty “ Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its users to withdraw funds ahead of the company’s planned shutdown in December…
” New allegations arise regarding Binance’s regulatory framework “ On Oct. 17, a new report published by Reuters alleged that cryptocurrency exchange Binance “swerved scrutiny” from regulators in the United Kingdom and the United States. The main spearhead of the allegations arises from two supposed incidents in its operating history. First, Reuters wrote of Binance…
” Binance CoinMarketCap Index Series kicks off by tracking top 10 crypto “ Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will monitor the performance of the industry’s top 10 cryptocurrencies by market capitalization,…