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Search Results for: CZ

Can Turkey Become the Next Hub for Cryptocurrency?

The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency.  Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected with Changpeng Zhao, the CEO of the Binance exchange platform. As per the tweet from Nebati, the recent discussion with

July 28, 2022 2 mins read

Binance CEO Charging Eminent Media House for Their Action

Bloomberg Businessweek published the article on June 25th. The cases have been filed in both courts of New York and Hong Kong. Binance CEO and founder Changpeng Zhao (CZ) has filed a lawsuit in Hong Kong and New York against the media house Bloomberg. On June 23, Bloomberg Businessweek published

July 26, 2022 2 mins read

Binance Establishing Close Affinity With Law Enforcement

The workshop was held first time in Canada. The workshop focused on law enforcement and finance experts. Binance the world’s largest cryptocurrency exchange by daily trading volume, conducted a blockchain and cryptocurrency workshop for law enforcement and finance experts, in Calgary, Canada on July 21st, 2022. The workshop was a

July 25, 2022 1 min read

Binance CEO Optimistic of a Significant Bullish Momentum Soon

After the Merge, Ethereum will be deflationary, says Vitalik Buterin at a conference. This week, the Bitcoin (BTC) and Ethereum (ETH) values surged quickly. The CEO of Binance, Changpeng Zhao, reiterated his positive prognosis for the crypto sector in a tweet on Saturday. He thinks “BUILD” is the way to

July 23, 2022 2 mins read

Binance Beats Coinbase in Terms of Most Bitcoin Holdings as per Data

Coinbase has held its position as the largest Bitcoin exchange since 2014. Bitcoin holdings on Coinbase have fallen below the 600,000 barrier. In the race to hold the most bitcoins, Binance has beaten Coinbase to the top spot. It’s a new milestone for Binance, and it shows the confidence Binance

July 18, 2022 2 mins read

Binance Fined 3.3M Euros by Dutch Central Bank For Non-compliance

The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the violation. The Dutch Central Bank (DNB) fined Binance 3.3 million euros in April 2022. Exchanges that provide services to Dutch people without legal registration face fines.

July 18, 2022 2 mins read

Binance Will Not Offer Stock Trading as per CEO Changpeng Zhao

Customers of FTX may now trade equities in stablecoin-funded accounts. CZ said he’d rather see Binance concentrate on developing more Web3 products. Binance isn’t interested in allowing its customers to trade equities, no matter how many new ones they could bring in. It’s neither right nor wrong for cryptocurrency exchanges

July 18, 2022 2 mins read

Iranian’s Used Binance Services Despite U.S Sanctions as per Report

Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to

July 12, 2022 2 mins read

Uniswap Phishing Attack Results in $4.7 Million in ETH Stolen

The perpetrators had stolen ETH from victims as well as ERC20 tokens and NFTs. The Uniswap team responded that the attack was part of a phishing scheme. At least $4.7 million worth of Ethereum was stolen in a sophisticated phishing attempt targeting Uniswap v3 protocol liquidity providers (LPs). On the

July 12, 2022 2 mins read

Binance Secures Virtual Asset Services Provider Registration in Spain

On July 7th, 2022, the Bank of Spain authorized this registration. The crypto exchange obtained a regulatory license in France in May of this year. Binance, the world’s most popular cryptocurrency, has received permission from Spanish authorities to begin operations. A regulatory green light was given to Binance’s Spanish affiliate

July 8, 2022 2 mins read