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Search Results for: Changpeng Zhao

CZ Binance CEO Extends Support for Michael Saylor

It currently owns 129,699 BTC at an average price of $30,664. the Bitcoin price today is $19,369.60 USD. A further 480 BTC worth $10 million was acquired by MicroStrategy’s CEO Michael Saylor at an average price of $21,817 per bitcoin. It currently owns 129,699 BTC at an average price of

June 30, 2022 2 mins read

Binance Exchange Halts Bitcoin (BTC) Withdrawals Amid Turbulent Conditions

The biggest cryptocurrency’s price fell to $23,964 as per CMC. One can still withdraw Bitcoin on other networks like BEP-20 as per Zhao. With the recent turmoil in the cryptocurrency market, the Binance exchange has temporarily paused all Bitcoin withdrawals. The CEO, Changpeng Zhao, tweeted about it. Zhao has assured

June 13, 2022 2 mins read

Binance CEO Said The Metaverse Will be Mainstream in 5 to 10 Years

The metaverse is spin for technology such as 3D, VR, and AR. Binance raised $500M for blockchain and web3 technology. On Sunday the Binance CEO Changpeng Zhao, stated at the talk “Future Metaverse” that, the metaverse will become mainstream in 5 to 10 years.  The talk event is part of

June 6, 2022 1 min read

MarketAcross Is an Official Media Partner of Korea Blockchain Week

MarketAcross, the world’s leading blockchain PR and marketing agency has been named the official global media partner for Asia’s flagship blockchain event, Korea Blockchain Week (KBW).  The event is held after two years break due to the COVID-19, between August 7 to 12, the  KBW22 will be placed in the

June 2, 2022 2 mins read

$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

An investment fund for blockchain and web3 companies by Binance Labs has been established with $500 million from Binance, the cryptocurrency exchange. It was revealed in a blog post published on Wednesday that private equity organizations such as Breyer Capital, Whampoa Group, and DST Global Partners participated in the funding.

June 1, 2022 1 min read

UAE Mall Majid Al Futtaim Tie-up with Binance Pay

Binance pay is a cashless global and secure cryptocurrency payment platform. Majid Al Futtaim operates in 13 countries. Majid Al Futtaim, a Dubai-based shopping mall and retail giant has partnered with Binance, the largest cryptocurrency exchange in terms of the daily trading volume. This collaboration will allow MAF to use

May 31, 2022 1 min read

Prominent Exchange Binance Receives Regulatory Approval in Italy

The absence of an official headquarters has led to regulatory scrutiny of the exchange. The exchange has inked a memorandum of understanding with the Kazakh government. Binance, the world’s biggest cryptocurrency exchange by volume of transactions, is now a legally recognized organization in Italy. According to a news statement issued

May 27, 2022 1 min read

Binance Will Delist $LUNA if Price Drops Below $0.005

Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their eyes witnessing such an event. The true event of a crypto dropping down to almost nothing, with the

May 12, 2022 2 mins read

For How Long Will Bitcoin Continue With “No Sign Of Recovery”?

BTC’s liquidation in the last 24h accounts to $1.11B. Bitcoin and Ethereum crashed below 50% from their all-time high (ATH). The global crypto market witnessed a 10% drop in terms of capitalization from $1.65 trillion USD to $1.45 trillion USD in the last 24 hours. Bear markets continue to overpower

May 10, 2022 2 mins read

Binance CEO CZ Calls Crypto Safer Than Fiat

Based on analytic data showing a tiny fraction of illegal adoption, Binance CEO and founder Changpeng “CZ” Zhao believes that cryptocurrencies are safer than fiat money. Crypto is safer than fiat. Chainalysis: Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction volume in 2021. United Nations: estimated money laundered

May 7, 2022 2 mins read