Binance CEO denies selling Bitcoin amid market manipulation allegations

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Binance’s CZ ranked among the richest men in finance

Binance CEO Changpeng ‘CZ’ Zhao was ranked among the “25 financial titans” who made their wealth through “computer-driven trading companies” by Bloomberg. CZ makes top 3 According to Bloomberg, CZ is worth $28.2 billion and made the bulk of his wealth through his exchange, Binance. Founded in 2017, Binance is the largest crypto exchange by…

Binance resolve issues impacting futures traders

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CZ urges caution with AI, calls for ‘balance’

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Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

Justin Sun Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO, Founder of TRON, one of the world’s largest blockchain DAO ecosystems, and Advisor to Huobi Global, one of the world’s largest crypto exchanges. More about Justin Sun Info LinkedIn Twitter

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 reconsidering its relationships with its US business partners, citing a person familiar with the matter, because of the current issues with its partners in the country….

Kraken’s Powell says Binance Proof-of-Reserve is pointless without liabilities

Former Kraken CEO Jesse Powell criticized Binance’s Proof of Reserve, calling it an “ignorant or intentional misrepresentation.” I’m sorry but no. This is not PoR. This is either ignorance or intentional misrepresentation. The merkle tree is just hand wavey bullshit without an auditor to make sure you didn’t include accounts with negative balances. The statement…

CZ says industry is in pain but it’s business as usual at Binance

Binance CEO Changpeng Zhao said the company hasn’t experienced any serious side effects from the FTX fallout. During an AMA on Twitter Spaces, CZ addressed burning questions from users and community leaders, noting that it’s been business as usual at the exchange. When asked about the proposed recovery fund aimed at mitigating the effects of…

Binance CEO expects more regulatory scrutiny following FTX implosion

Binance CEO Changpeng Zhao said his firm backed out of the FTX deal because it did not make sense and the huge financial hole they would have had to cover. Speaking at the Indonesia Fintech Summit on Nov. 11, CZ  said Binance already covers most of the markets that FTX.com operates in. Apart from that, his…

USDT volume on exchanges up 20% in 3 months

The ratio of Tether (USDT) on exchanges is up 20% in the last three months, according to Santiment data. 📈 The ratio of #Tether on exchanges has gone from 19.7% on May 9th to a whopping 42.0% three months later. This can be viewed as both a signal that traders have taken profits as prices…