Binance CEO Changpeng Zhao stated that the devaluation of FTX will have “cascading effects” during a conference in India. The CEO thinks a catastrophe is approaching, and the imploding cryptocurrency platform is the first domino. The terrible decline of FTX has been front-page news everywhere this week. More recently, it
According to Binance CEO Changpeng Zhao, the president of El Salvador today reassured citizens that their country’s cryptocurrency assets were not on the failing exchange FTX. On Thursday, the CEO of the largest cryptocurrency exchange in the world tweeted that he had spoken to President Nayib Bukele, who had denied
Changpeng Zhao (CZ), CEO of Binance, said yesterday in a tweet that the exchange is still holding Terra Luna Classic (LUNC) in its inventory. He mentioned this while suggesting that the firm was uninterested in Alameda Research’s offer. To swap its FTT holdings over the counter at a premium price.
The question of who will serve on Twitter’s board of directors is still being debated. Zhao discussed the proposal at a technological conference in Portugal. The gigantic social media platform, Twitter, has seen rapid transformation since Elon Musk gained control. And there’s more to come as Binance CEO Changpeng Zhao
Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented people into the rapidly growing investment institution. Since 2017, Czhang has pursued his
The company has funded 67 projects to the tune of $325 million so far this year. The exchange plans to finance Elon Musk’s acquisition of Twitter with $500 million. CZ’s exchange has been one of the most resilient this year, despite the market downturn. The crypto bear market and the
SHAQ has previously turned down a million-dollar offer from a crypto firm. Last year, the NBA star announced the launch of his own collection of NFTs. Former NBA great Shaquille O’Neal recently met with Binance’s chief executive officer, Changpeng Zhao (CZ). Binance CEO CZ and the basketball legend met during
The community is pushing Binance to allow the tax burn on off-chain. The price of Terra Classic (LUNC) dropped by roughly 10% in an hour. In an Ask Me Anything session on Friday, Binance CEO “CZ” claimed the cryptocurrency exchange will not be implementing the 1.2% tax burn for off-chain
Binance hopes to recruit two hundred new employees before the end of the year. Already, 150 people have employed to run the exchange in Paris. During Binance Blockchain Week Paris 2022, Binance CEO and founder Changpeng Zhao (CZ) gave a keynote address. During his talk, CZ praised the planned MiCA
Binance was subpoenaed to provide any and all data pertaining to any and all files. Exchanges must register with the Treasury Department and adhere to AML rules. Binance was requested by U.S. authorities to hand over records. This was pertaining to the company’s anti-money laundering measures, as well as messages
