World Liberty Financial (WLFI) founders Zach Witkoff, Zak Folkman, and Chase Herro held a high-profile meeting with Changpeng Zhao (CZ), co-founder and CEO of Binance, in Abu Dhabi. The discussion focused on strategies to accelerate global cryptocurrency adoption and set new industry standards for decentralized finance (DeFi) innovation. The meeting ...
Changpeng Zhao has raised concerns over a potential account hack involving a trader known for supporting Binance. In a recent post, Zhao shared a screenshot highlighting unusual activity, noting that the account had suddenly begun promoting meme coins to its followers. “This account probably just got hacked. It suddenly started ...
Former Binance CEO Changpeng “CZ” Zhao has voiced his support for prioritizing decentralized application (dApp) development over launching new blockchain networks. His comments come amid growing concerns about the underperformance of newly launched blockchains following their Token Generation Events (TGEs). In a February 12 post on X, Zhao stated, “Need ...
Binance Labs, the venture capital arm of Binance, has unveiled plans to rebrand and expand its investment scope for 2025. Alongside its established focus on crypto, blockchain, and AI-related ventures, the investment firm will now prioritize biotech as a key area for investment. This strategic shift also includes broadening its ...
Former Binance CEO Changpeng "CZ" Zhao has suggested Amazon should start accepting Bitcoin as a payment option. His comments come after reports that the shareholders of the tech company urged its board to consider incorporating Bitcoin into its strategic reserves. Zhao responded to an X post highlighting shareholder requests for ...
Changpeng ‘CZ’ Zhao, the former CEO of Binance, has expressed no intention of returning to the role despite receiving support from the crypto community following a suggestion for a pardon. On December 2, CZ responded to a post by John Lilic, the Executive Director of the Telos Foundation, who recommended ...
In 2022 and 2023, FTX dominated crypto regulation headlines, this year the cannons of government-enforced regulation, undeterred in their mission to seek and destroy, are focused on another "big bird" and are hell-bent on clipping its wings. Binance, for several months now, has faced a series of challenges with regulators ...
A lot has been going on at Binance in the last two weeks. The exchange pleaded guilty to multiple federal charges, including anti-money laundering, unlicensed money transmission, and sanctions violations; consequently reaching a settlement deal with the Department of the Treasury and the U.S. Commodity Futures Trading Commission (CFTC) to ...
Richard Teng, the new CEO of Binance, is trying to alleviate concerns among investors and customers in the aftermath of the exchange's legal troubles with U.S. authorities. In a post on X (formerly Twitter), Teng emphasized the exchange's business fundamentals are "very strong." According to him, Binance is debt-free and ...
Changpeng Zhao, Binance’co-founder, has announced his resignation as the CEO of the prominent cryptocurrency exchange. In a lengthy statement on X (formerly Twitter), Zhao acknowledged the difficulty of the decision but noted that it was "the right thing to do." Today, I stepped down as CEO of Binance. Admittedly, it ...
