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” Silvergate downfall sparks debate over whose fault it actually was “ The voluntary liquidation of crypto-friendly bank Silvergate has sparked many to share their thoughts about the source of its troubles and the broader impact of the bank’s collapse on crypto. From lawmakers to crypto analysts, crypto firm executives to commentators — nearly everyone’s…
” CZ denounces false rumor ‘widely’ spread on China’s WeChat “ Binance CEO Changpeng “CZ” Zhao has denied a rumor that he had been “shot” by the U.S. federal law enforcement agency, which was “spread widely” across a Chinese messaging platform, in a recent tweet. In a Mar. 4 tweet, CZ addressed the false speculations…
” Binance USD market cap falls below $10B amid rising regulatory concerns “ Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on its token issuer and a planned delisting from a major crypto exchange. BUSD’s marketcap has been on…
” Binance ‘not planning any layoffs,’ 500 roles to be filled in H1 “ Cryptocurrency exchange Binance is “not planning any layoffs” and is instead trying to fill another 500 roles by the end of June, according to a Binance spokesperson. The comments came despite a huge spike in crypto layoffs in January — the…
” Binance custody partner clarifies Singapore licensing plans “ Amid various reports about Binance trying to revive its crypto licensing plans in Singapore, the crypto exchange has come out to set the record straight. Binance told Cointelegraph that Ceffu, its “independent institutional custody partner,” is the one looking to apply for an institutional crypto custody…
” Binance CEO responds to Forbes claims: ‘They don’t know how an exchange works’ “ In the aftermath of the FTX collapse, Forbes published a article focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance. However, the following day on Feb. 28, Binance co-founder and CEO Changpeng “CZ” Zhao took to Twitter to respond….
” Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD “ Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction took place on Feb. 16, according to data from Etherscan, and also comes…
” Binance moved $400M from Binance.US account to firm tied to CZ: Report “ An investigative report has suggested that major cryptocurrency exchange Binance was behind transferring roughly $400 million in funds from a Binance.US account to a trading firm managed by Changpeng Zhao. According to a Feb. 16 Reuters report, an investigation of Binance’s…
” Binance to support BUSD while exploring non-USD stablecoins, CZ says “ Cryptocurrency exchange Binance plans to continue supporting its Binance USD (BUSD) stablecoin despite its issuer Paxos facing a stop order from American regulators. As reported by Cointelegraph, the New York Department of Financial Services (NYDFS) has ordered blockchain firm Paxos to cease issuing…
” New FTX documentary to spotlight SBF-CZ relationship “ The FTX saga and the developments that led to the crypto exchange’s collapse will be framed in a new documentary focusing on the volatile relationship between Sam Bankman-Fried and one of his fiercest critics, Binance founder Changpeng Zhao. According to The Hollywood Reporter, the production is…