Binance CEO Changpeng Zhao has spoken out regarding news reports that the company will cut ties with U.S. crypto projects. In a tweet Friday, Zhao—better known as CZ—wrote “False” in response to a po...
Tag: Binance
Binance USD [BUSD] maintains its peg even as outflow increases
BUSD has been able to maintain the $1 peg despite its FUD. Binance’s BUSD reserve has declined to around 12.4 billion. The regulatory hammer hung above Binance for some time before landing on Binance ...
Binance Transfers $400 Million To Binance CEO-Controlled Trading Firm
Join Our Telegram channel to stay up to date on breaking news coverage World’s largest cryptocurrency exchange Binance had transferred more than $400 million from Binance.US’s account at crypto-friend...
CZ denies report Binance is considering major breakup with US business partners
Binance CEO Changpeng “CZ” Zhao has denied a report that the company is considering cutting ties with United States business partners. Binance has been the object of increasing scrutiny from U.S. regu...
Binance CEO says crypto exchange will withdraw from potential US investments
As US financial regulators intensify their crackdown on crypto companies, Binance CEO Changpeng “CZ” Zhao has stated that his company will hold off on plans for prospective investments in the country....
Binance US Moved $400M to Trading Firm Linked to CEO CZ: Reuters
Crypto exchange Binance US moved $400 million from its platform to a trading firm managed by Binance CEO Changpeng Zhao, a Reuters report today claims, citing documents. The cash was moved in the firs...
CZ Refutes Report Binance Is Considering Delisting U.S.-Based Projects In Face Of Crypto Regulatory Storm ⋆ ZyCrypto
Advertisement     Binance chief Changpeng Zhao (aka CZ) has shut down rumours that the global exchange is mulling severing ties with United States crypto projects owin...
Binance Moved $400M to Trading Firm Managed by CZ: Report
Centralized cryptocurrency exchange Binance has moved an estimated $400 million from its US Silvergate Bank account to a trading firm managed by CEO Changpeng Zhao, Reuters reported. Binance reporte...
Binance Expects Fines in U.S. Investigations
Binance, the biggest digital asset exchange in the world, is getting ready to resolve pending regulatory and law-enforcement investigations in the United States by paying fines and other types of pena...
Hacken boosts Binance proof of reserves security
On Feb 14, 2023, Hacken researchers ran tests and identified a bug in the Binance zkSNARK-based Proof of Reserves system. Hacken published a complete report on the assessment, announced it on their Tw...
Binance To Stop U.S. Operations, Considers De-Listing U.S. Based Tokens
Crypto behemoth Binance Holdings Ltd. is contemplating severing its ties with its business partners in the United States as the pressure from regulators increases amid several high-profile crypto crac...
Binance May Cut Ties With US-Based Tokens and Businesses
Binance CEO Changpeng ‘CZ’ Zhao categorized as false a Bloomberg report suggesting that Binance is considering delisting certain U.S.-based tokens like the stablecoin USDC. A person claiming to be fam...
Binance CEO ‘CZ’ Calls Severing U.S Ties Report as False
10 hours ago | 2 mins read Editors News The report claims that Binance is contemplating severing connections with its U.S. partners. Kraken was forced to stop down its staking offering in the U.S. an...
Binance CEO CZ Reports “BUSD Situation” After Regulatory Attack
Changpeng Zhao (CZ), Binance CEO has always been vigilant against market FUD. In this pursuit, CZ went on to explain the BUSD situation and the drop in its market capitalization. Earlier, U.S. Securit...
Decentralized Lender TrueFi’s TRU Token Rallies Over 200% After Binance Minting TrueUSD Sparks Speculation
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Binance pushes new transparency framework for CEXs
Binance has released a policy paper proposing a detailed, actionable framework of guidelines that centralized exchanges (CEXs) could follow to foster industry transparency, trust, and safety. Indeed t...
Binance CEO Denies Reports of Exchange’s Plan to End Its Relationship With US Partners
Binance CEO asserts that the exchange is not planning to cut ties with US-based intermediary companies. In a tweet today, Changpeng Zhao, Binance CEO, and founder denied reports claiming that the exc...
Binance reserves lost $2.3B following BUSD debacle
Ad Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC re...
Binance Expects to Pay Fines to Settle US Investigations: Report
As the regulatory scrutiny of the crypto sector in the U.S. intensifies, Binance hopes to eventually settle existing probes into its business. According to chief strategy officer Patrick Hillmann, the...
SEC, Binance, and Crypto Keanu
Crypto news: We bring you a round up of what’s been happening in crypto this week. And it’s more of the same. The Securities and Exchange Commission (SEC) cracks down (again), questions are raised ove...
Breaking! Binance Is Planning To Exit The US Crypto Market As Regulatory Scrutiny Heats Up
The Securities and Exchange Commission (SEC) has been closely scrutinising Binance, one of the world’s largest cryptocurrency exchanges, over concerns related to potential securities violations. The S...
CZ denies claims that Binance will delist US-based projects
Ad Binance CEO Changpeng “CZ” Zhao, on Feb. 17, described reports that his firm was considering delisting U.S-based crypto projects as “false.” Bloomberg reported Feb. 17 that Binance was reconsiderin...
Binance-SEC: the exchange move to TrueUSD
The exchange Binance has recently been in the news for minting 50 million units of the TrueUSD stablecoin after the US Securities and Exchange Commission (SEC) ordered it to stop issuing the BUSD stab...
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction to...
Binance moved $400M from Binance.US account to firm tied to CZ: Report
An investigative report has suggested that major cryptocurrency exchange Binance was behind the transfer of roughly $400 million in funds from a Binance.US account to a trading firm managed by CEO Cha...
Binance CEO Denies Delisting USDC Amid SEC Crackdown
According to a Bloomberg report, crypto exchange Binance is considering ending relationships with U.S. business partners. Allegedly the largest cryptocurrency exchange in the market is weighing the o...
CZ of Binance on the radar after $400m 2021 transfer
Binance is on the radar after $400 million was moved from its branch in the United States to an entity managed by Changpeng Zhao in early 2021. Binance US linked with Merit Peak Changpeng Zhao, otherw...
Crypto Giant Binance Moved over $400M from Silvergate in 2021
Binance, the largest crypto exchange by volume, is facing increased scrutiny over a secret channel it used to transfer funds. Over a few months, more than $400 million from Binance.US was shifted betw...
Binance sees great potential for using AI in crypto, opts to back ChatGPT
Join Our Telegram channel to stay up to date on breaking news coverage ChatGPT, the new chatbot released by OpenAI, has become the most popular recent piece of technology around the world. It has insp...
Binance Bolsters Stablecoin’s Role In Market With $50 Million TrueUSD Minting
Binance, one of the world’s largest cryptocurrency exchanges, has announced that it has minted $50 million worth of TrueUSD, a stablecoin pegged to the US dollar. This decision comes after the New Yor...