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Binance CEO Changpeng Zhao on Layoffs Rumors: ‘Another Day, Another FUD’
2.6.2023
Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared this was another attempt at spreading FUD...
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
Binance plans new round of layoffs amid increased regulatory scrutiny
31.5.2023
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space
Buying a bank won't solve crypto's debanking issue: Binance CEO
30.5.2023
CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank
Binance CEO: China TV Broadcast 'Big Deal' for Crypto
25.5.2023
A segment on Chinese state television about crypto has caught the attention of the cryptoverse, with Binance CEO Changpeng Zhao (CZ) pointing out that similar reporting in the past has triggered bull runs.
“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese...
Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment
25.5.2023
On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory...
Binance CEO Changpeng Zhao Unfollows Musk: $500 Million Investment Still Stands
16.5.2023
The CEO of the crypto exchange giant Binance, Changpeng Zhao (CZ) has unfollowed Twitter owner Elon Musk on the platform - but the investment into the social media site reportedly stands.
According to Big Crypto Alert, the Binance boss unfollowed the Tesla chief on Twitter on Sunday, though...
Binance.US Contemplates Lowering Founder Changpeng Zhao’s Stake Amid Regulatory Concerns
12.5.2023
Binance’s US-regulated branch Binance.US is reportedly seeking ways to reduce Binance founder Changpeng Zhao’s stake in the company due to concerns over a regulatory crackdown on Zhao’s international business empire.
To reduce the perceived regulatory risk in the US, Changpeng Zhao, better known...
Binance.US seeking to cut Changpeng Zhao's majority stake: Report
12.5.2023
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance
Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information
12.5.2023
Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
9.5.2023
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog...
Binance Faces DOJ Probe Over Possible Breach of US Sanctions on Russia
6.5.2023
Binance is under investigation by the US Justice Department over potential breaches of sanctions involving Russia.
The probe is centered on whether Binance or its executives violated any sanctions related to Russia's invasion of Ukraine, Bloomberg reported Friday, citing people familiar with...
Binance Faces ChatGPT-Powered Smear Campaign Linking Founder to Chinese Communist Party – Here's the Latest
2.5.2023
Binance has become a victim of a smear campaign by an AI-powered chatbot that spreads false information regarding its founder Changpeng Zhao (CZ) and his supposed affiliation with the Chinese Communist Party.
Binance has reportedly received dozens of inquiries from congressional offices regarding...
Justin Sun issues apology after Sui LaunchPool clash with Binance CEO
1.5.2023
Nearly $4 billion has been staked in Binance's Sui farming pools in anticipation of the layer -1 blockchain's airdrop
'The war room was despondent' — Scaramucci recounts FTX collapse at Consensus
28.4.2023
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse
Binance CEO denies $28B wealth: ‘I don't have anywhere near as much’
27.4.2023
According to Bloomberg's rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide
Binance Abandons $1 Billion Voyager Deal, Blames Challenging US Regulations
26.4.2023
Binance.US has pulled out of the $1.3 billion deal to buy bankrupt crypto lender Voyager Digital, citing a "hostile" regulatory climate in the United States.
In a Tuesday tweet, the US arm of cryptocurrency exchange Binance revealed that it has exercised its right to terminate the asset purchase...
Binance CEO Changpeng Zhao Leads Praise for EU's New Crypto Regulation, MiCA
22.4.2023
The European Union Parliament has passed into law its MiCA act, and big-time industry player and CEO of Binance Changpeng Zhao is raising support following the new crypto regulations.
The European Union Parliament has passed a bill into law to combat its long-standing battle against the crypto...
Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO
21.4.2023
Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was "constantly" using his platform to disparage CZ without considering the FTX Token sale
Binance CEO CZ: Regulators need deep understanding crypto for proper rules
12.4.2023
Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity