The world’s largest cryptocurrency exchange by trading volume, Binance, flooded with withdrawals on Monday following several news stories about the controversy among the Department of Justice (DOJ) charges. In addition, Binance native token BNB has experienced significant declines in its market cap. According to the CoinDesk report, Binance’s net outflows
According to Changpeng Zhao, the CEO of Binance, India is not much of a crypto-friendly nation. During a recent crypto conference, the head of the world’s leading exchange platform attributed that the current Indian market is unviable to expanding Binance’s operations. Changpeng Zhao stated: To be honest, I don’t think
Binance CEO CZ tweeted this morning that users should not share their API credentials with any third-party platforms since there have been at least three individuals sharing their API keys with third-party platforms such as Skyrex and 3commas and experiencing unexpected trading on their accounts. Following that, the owner of
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
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.
The value of top cryptocurrencies gained despite U.S. Federal Reserve’s announcement. Turkey’s central bank forbade cryptocurrency payments in April 2021. Despite the U.S. Federal Reserve’s decision on Wednesday that interest rates would be increased by an additional 75 basis points to fight inflation, the value of the top cryptocurrencies increased
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
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
Binance obtained a VASP certification from the Bank of Spain. Along with Binance, more than 17 firms also received the approval. The prominent cryptocurrency exchange Binance recently acquired an operating license, Virtual Asset Service Provider (VASP) from the Bank of Spain. With this license, the platform can operate in the
CZ discussed with the President of Ivory Coast about crypto integration. Binance is expanding its operations across the globe. On Tuesday, Changpeng Zhao (CZ), the CEO of Binance officially met Alassane Ouattara, the President of West African country, Ivory Coast (Côte d’Ivoire) to discuss crypto integration. In the interview held
