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Binance and CEO Changpeng Zhao File Motion to Get SEC Lawsuit Dismissed
22.9.2023
Binance, Binance.US, and Changpeng Zhao have jointly filed a motion to dismiss a lawsuit brought by the United States Securities and Exchange Commission (SEC).
In their 60-page petition submitted on September 21, their legal team contends that the SEC exceeded its regulatory jurisdiction...
Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit
22.9.2023
Binance Holdings and its CEO Changpeng Zhao have filed a petition seeking to have the lawsuit made against them by the US Securities and Exchange Commission (SEC) dismissed
Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit
22.9.2023
Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related violations
Binance CEO Denies Receiving $250M Loan from BAM Management, Says it is "the Other Way Around"
20.9.2023
Binance CEO Changpeng Zhao has refuted claims that he received a $250 million loan from BAM Management, the holding company of Binance.US, saying that it was the other way around.
In a Wednesday tweet, the crypto boss said he "loaned $250 million to BAM a while back, not the other way around."...
Binance US CEO Is ‘Taking Deserved Break,’ CZ Seeks to Downplay Executive Exodus
17.9.2023
Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers...
BNB Chain Layer 2 Goes Live
15.9.2023
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive...
Binance CEO: Singapore’s Approach to Crypto Became More ‘Conservative’ Post FTX Collapse
14.9.2023
Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange by trading volume Binance, said that Singapore’s approach to digital assets has become more “conservative,” particularly after the spectacular collapse of the now-defunct FTX exchange.
The top crypto influencer spoke virtually at...
Binance pledges $3 million in BNB to Morocco earthquake victims
12.9.2023
Binance said it will issue a series of airdrops worth up to $100 in BNB to users verified to be located in the highly impacted Marrakech region of Morocco
Binance Says SEC’s Request for Depositions is ‘Overbroad’ and 'Unduly Burdensome'
12.9.2023
Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted
Binance CEO Urges Hardware 2FA Use for All Crypto Platforms After Vitalik Buterin’s X Account Hack
11.9.2023
Binance CEO Changpeng Zhao (CZ) has urged everyone to use hardware 2FA for all crypto platforms after a social media account belonging to Ethereum co-founder Vitalik Buterin was hacked and used to post a crypto scam link. “In the past, I have had my Twitter account locked a few times due...
Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover
8.9.2023
Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some...
Binance Executives for Russia and Eastern Europe Leave Top Exchange
8.9.2023
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....
Binance CEO brushes off negativity, assures firm has 'no liquidity issues'
8.9.2023
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks
New Report: Crypto's Rich List Boasts 22 Billionaires and 88,000 of Millionaires
7.9.2023
The world of cryptocurrency, with a total market value exceeding $1 trillion, has produced 22 billionaires and 88,000 millionaires.
According to a recently released crypto wealth report by residence by investment firm Henley & Partners, which was created in collaboration with global wealth...
Binance crypto exchange saw departure of 10 key executives in 2023. Here's the list
7.9.2023
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD
Another Executive Exits Binance Amid Regulatory Scrutiny
6.9.2023
Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Binance head of product quits as executive exodus continues
4.9.2023
Binance product lead Mayur Kamat says he is passing the baton to “next-gen leaders” to take some time off after years of product work
Binance CEO CZ Predicts DeFi to Outshine CeFi in Upcoming Bull Run
4.9.2023
Binance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run.
On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading...
Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions
29.8.2023
Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country.
On Monday, an exchange spokesperson told The Wall Street Journal that Binance is exploring all possible options, including a full exit from Russia.
"All options are...