Binance is considering purchasing a bank soonly, as per Changpeng Zhao. CZ stated that the exchange is open to minority investments. Changpeng Zhao, the Binance CEO, has the desire to venture into traditional finance. According to the latest report, the world’s largest trading platform’s founder, CZ, is considering purchasing a
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
Binance first made its intentions to support Musk’s purchase of Twitter known in an SEC filing in May of this year. Musk reportedly sealed the deal to acquire Twitter for $44 billion late on Thursday. Binance, the biggest cryptocurrency exchange in the world, stated that it has invested shares in
This Halloween, Binance is starting an educational series that attempts to simplify the world of Web3, taking the weird out of crypto and giving people one less thing to be afraid of on this year’s Halloween. Nearly 30 percent of respondents in a recent social media poll* to find out
CZ pledged to support the offer when it was made public in April. Earlier this year, Musk discussed with other cryptocurrency billionaires how they may decentralize Twitter. Binance is most likely to honor its commitment to contribute $500 million to Elon Musk’s attempt to acquire Twitter for $54.20 a share.
More than 10 BNB Chain projects have implemented smart contract integration. Binance Oracle will facilitate the use of inputs and outputs from the real world in smart contracts. Binance, the largest cryptocurrency exchange platform, revealed a decentralized Web3 oracle on October 26. In this capacity, the Binance Oracle will operate
Week after week, Binance LUNC burns have decreased. Terra Rebels has now opened an official YouTube channel. Over 1.34 billion Terra Classic (LUNC) tokens were burned in the fourth batch of Binance’s burn mechanism. Nearly 12.5 billion LUNC tokens have been delivered to the burn address by Binance as of
The attacker stole $570 million worth of cryptocurrency on October 6. Following the discovery of the breach, Binance Smart Chain was disabled. On Monday, Binance CEO Changpeng Zhao told CNBC that the exchange is “narrowing down” the identity of the attacker who stole $570 million worth of cryptocurrency from a
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
BJ Kang was named the exchange’s first Head of Investigations. Kang has participated in a number of investigations involving financial crime. As the number of reported cases of cryptocurrency-related fraud continues to rise. Leading exchange Binance has appointed a new head of investigations for its American branch. Recently, BJ Kang,
