Binance is facing fresh rumors after a viral social media post is circulating claims that the exchange earned a staggering 60,000 BTC by trading on rival platform BitMEX during the 2020 market crash. On the morning of February 13, Binance Exchange’s co-founder Changpeng Zhao dismissed those claims by the unknown individual.
The world’s largest crypto exchange, Binance’s Secure Asset Fund for Users (SAFU), has completed its planned conversion of $1 billion in stablecoin reserves into Bitcoin, with Arkham Intelligence tracking a recent transfer of 4,545 BTC, valued at about $304.6 million, into the SAFU wallet. The move follows earlier deposits and
Binance has added more bitcoins to its SAFU Fund. The move comes at a time when BTC price has slipped to a low of around $68k, with the possibility of further decline in the days to come. Binance Founder Changpeng CZ Zhao has hailed the recent acquisition. Binance Adds More
Binance Co-Founder CZ, short for Changpeng Zhao, has confirmed that he is trying to make advancements for the stablecoin sector. Stablecoins hold a significant share of the crypto market’s global share. Any further advancement is likely to re-establish the stablecoin sector as a quality alternative for crypto enthusiasts. However, Brazil
Changpeng Zhao, co-founder and former CEO of Binance, has denied the claims that he or Binance played a role in the recent crypto price drop. He replied after the crypto community’s continuous acquisition of Bitcoin, which saw a sharp price decline below $75,000 over the weekend. Rumours on CZ and
Changpeng Zhao, commonly called CZ, has strongly denied the claims that Binance caused the biggest liquidation event in the crypto market. This liquidation wiped out around $19 billion in leveraged positions on October 10. He denied all the allegations on Binance that the liquidations were incorrect during the speaking sessions
The former CEO of Binance, Changpeng Zhao, has confirmed that he will not go back to Binance after the rumours of a possible comeback spread like a forest fire. He also forecasted that Bitcoin will witness a surge in value, regardless of its recent price fall. The former CEO gave
Binance Founder CZ, or Changpeng Zhao, shared that the team has completed a mainnet hardfork. A post by BNB Chain Developers has shed more light on this update, informing the community about the benefit they’ll receive. Meanwhile, BNB price is aiming to make the most out of this development in
Pakistan is emerging in the international arena of the digital asset industry due to the pace of developments in regulating and using cryptos in the country. One of the leading figures in the industry, Changpeng Zhao, ex-Binance CEO, has observed that if the pace being adopted in the industry is
Changpeng Zhao, the founder of Binance, has launched a new BNB Chain prediction market that provides a solution to an industry challenge that traders have been facing for a long time. The platform named Predict.fun was created by a former employee of Binance and supported by YZiLabs through its incubation
