Richard Teng, the exchange’s new chief executive officer after Changpeng Zhao’s resignation, is one of seven members of Binance’s board, according to a Bloomberg article. Binance executives Lilai Wang, Jinkai He, and Heina Chen all have equal board representation. Gabriel Abed, a former ambassador of Barbados to the UAE, Arnaud
Crypto exchange Coinbase has received USDC worth $1.4 billion, thanks to the current upswing in the crypto market. The on-chain crypto analytics company CryptoQuant reports that Coinbase had the largest influx of USDC stablecoin assets, valued at $1.4 billion. The specifics of the transfers are still murky, but market experts
Launching the Binance Women in Technology Academy in partnership with the Women in Technology Association (Wtech), Binance, the world’s largest blockchain ecosystem and cryptocurrency service provider by trading volume, aims to raise women’s financial literacy levels and promote equal opportunities in the technology sector. The academy targeted young female university
One of the top three cryptocurrency exchanges in the world by volume, Bybit, unveiled its Unified Trading Account (UTA) in 2023. This all-inclusive trading platform unites futures, options, perpetual, spot trading, and margin trading under a single account structure, improving trading flexibility and capital efficiency. With UTA being used by
In a statement published on the exchange’s blog on March 27, crypto exchange KuCoin’s CEO Johnny Lyu announced that the exchange would be holding an airdrop of Bitcoin and its native KuCoin (KCS) token valued at $10 million. The announcement follows two days after the exchange and two of its
Users of the OKX exchange have reported that their cryptocurrency accounts were showing an incorrect amount due to an API error. Some OKX users’ balances showed zero dollars, while others displayed tens of millions of dollars, according to a report on X from Wu Blockchain. It seems that thousands of
The U.S DOJ have filed charges against Kucoin Exchange and its co-founders Chun Gan and Ke Tang, alleging that they broke many laws in their pursuit of building a dominant trading platform in the emerging cryptocurrency market. United States Attorney for the Southern District of New York Damian Williams and
In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request
The largest layer-1 blockchain by user count, BNB Chain, and Binance Academy, the crypto learning hub of Binance, have teamed to launch a new online course called “BNB Chain Developer Specialization“*. The course’s goal is to give aspiring Web3 software developers the tools they need to promote growth in the
As part of its bankruptcy settlement, the now-defunct cryptocurrency exchange FTX is reportedly planning to sell its about $1 billion stake in artificial intelligence company Anthropic, as reported by CNBC on March 22. The report states that Anthropic is in the process of evaluating potential investors to buy the stake,
