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Search Results for: Changpeng Zhao

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

Binance Pours in $500 Million Into Elon Musk Led Twitter Purchase

Elon Musk obtained a record $7.14 billion in money to purchase Twitter. Musk had to acquire $21 billion in equity to complete the acquisition. Over the last several weeks, Elon Musk’s Twitter takeover has been extensively discussed. Musk has been in the news for various reasons, including rumors about what

May 5, 2022 1 min read

Binance Gets Green Signal on Approval to Operate in France

Binance will be recognized as Europe’s first digital asset service provider. CZ also thanked AMF and ACPR for the smooth procedure. As a virtual assets service provider, Binance, a worldwide cryptocurrency exchange, has been given the green light in France. An official from France’s capital market watchdog, the AMF, has

May 5, 2022 2 mins read

All Positives for Paris Blockchain Week!

Paris Blockchain Week ends successfully.  Ripple CEO enthusiastic with court’s decision against SEC. Brazil’s new crypto bill and CBDC plans to be passed out soon. The Paris Blockchain Week indeed ended up with all the most happy faces one could ever see upon the crypto industry. Apart from being a

April 19, 2022 2 mins read