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Search Results for: Changpeng Zhao

Binance Receives Massive Deposit from Mystery Whale

Binance, the world’s largest crypto exchange, has faced a lawsuit by the U.S. Securities and Exchange Commission (SEC). The SEC accused the crypto exchange Binance and its CEO, Changpeng Zhao, of selling unregistered securities. However, the exchange has received a lot of support from the crypto community to stand against

June 6, 2023 2 mins read

SEC Chair Gary Gensler Argues Against More Digital Currency, Cites US Dollar Dominance

SEC Chair Gary Gensler expressed his view that the United States does not require additional digital currency. This statement came alongside the SEC’s legal actions against Binance and Coinbase for allegedly operating unregistered securities exchanges. During an interview with CNBC, Gensler refuted allegations that his approach was creating ambiguity regarding

June 6, 2023 1 min read

SEC Strikes Back: Popular Tokens SOL, ADA, MATIC Among Alleged Unregistered Securities

In a major legal development, the Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges. The SEC complaint specifically identifies ten tokens, including popular cryptocurrencies such as SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, as unregistered crypto

June 6, 2023 2 mins read

Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Recent reports from Bloomberg have generated speculation regarding the potential appointment of Richard Teng as the CEO of the global crypto exchange Binance. Richard Teng, who has recently been appointed as the regional head for all Binance markets outside the United States, has seen his name linked to the CEO

June 5, 2023 1 min read

Binance CEO Highlights Dubai’s Crypto Innovations in Twitter AMA

Changpeng Zhao (CZ), CEO of the world’s largest crypto exchange, Binance, conducted an AMA session on Twitter. He provided insights into some of Binance’s initiatives, such as the lightning network and the presence of the exchange in Dubai. On March 31, Binance CEO CZ conducted an AMA session on Twitter.

June 3, 2023 2 mins read

Binance CEO CZ Rules Out Possibility of Entering Mining Sector

Binance CEO Changpeng Zhao (CZ) recently had a “ask me anything” session in which he answered questions about his day, the future of Web3 in Dubai, and Binance’s plans. Binance, the largest cryptocurrency exchange in the world, has no interest in or plans to enter the cryptocurrency mining industry. The

June 3, 2023 2 mins read

Twitter Account of Peter Schiff Hacked To Promote Crypto Phishing Scam

Peter Schiff, a vocal critic of cryptocurrencies and supporter of gold, had his account hacked and used to promote what looks to be a fraudulent gold coin scheme. Peter Schiff’s son, Spencer, warned his father’s followers that the URL in the Tweet is “most certainly” hacked. Spencer has a more

June 3, 2023 1 min read

Crypto Exchange Binance’s CEO CZ Denies Rumors of Layoff

Binance CEO Changpeng Zhao (CZ) addressed rumors of layoffs at the cryptocurrency exchange. In response to the speculation about layoffs, CZ labelled it as “4” and said, “another day, another FUD.” According to independent crypto reporter Colin Wu, next month will see 20% of staff cuts at the world’s largest

June 1, 2023 2 mins read

Binance Prohibits Trading of Several Privacy Coins in France

Binance, the largest cryptocurrency exchange in the world, has decided to restrict trade in many privacy currencies, including Monero (XMR), Zcash (ZEC), and Dash (DASH), in France. Emails sent to French customers translate to “local regulatory requirements” as the reason the exchange disabled trading of crypto assets in France. According

May 31, 2023 1 min read

China Embraces Innovation with Ambitious Web3 White Paper

In an audacious move this morning, China’s capital, Beijing, spotlighted its commitment to the evolution of the internet by unveiling an ambitious blueprint known as the “Web 3.0 Innovation and Development White Paper (2023)”. This seminal document, touted by a local media outlet, The Paper, points to web3 technology as

May 27, 2023 2 mins read