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CZ Sentencing Letters Paint Former Binance CEO as Devoted Family Man, Friend


More than 160 of Changpeng “CZ” Zhao’s loved ones, friends and colleagues have written to a Washington judge ahead of the Binance founder and former CEO’s sentencing tomorrow, asking for leniency and painting a picture of Zhao as a devoted father and friend, and a “geeky” tech nerd who shuns luxury...

Can BNB hit $650 by April’s end? The race is on!


The Binance Coin (BNB), the significant token of the crypto exchange platform Binance, has demonstrated remarkable strength and growth despite the adverse crypto market. After the price bottomed at $512 on April 17th, BNB soared 18.4% and went above $607.  This remarkable recovery has placed BNB...

Binance takes to burning more than $1.17 billion worth of BNB tokens


Binance, a prime cryptocurrency exchange, has taken $1.17 billion worth of coins from circulation, amounting to 1.3% of the contained asset. For Binance, this is part of getting over its 27th quarterly BNB token burn exercise.  This was not the burning of tokens related to the Pioneer Bum program. ...

REZ tokenomics statement on Binance depegs Renzo’s ezETH 18.3%


The fall of the Renzo restaking token was within minutes before its ultimate recovery, and it trades below ether as of now. This trend is probably due to the user’s intention to exit ezETH after getting an idea about Renzo restaking token’s totally confusing distribution plan.  Some crypto experts...

Binance Founder CZ Apologizes and Accepts Responsibility in Letter to Judge


Binance founder and former chief executive Changpeng "CZ" Zhao has penned a letter to the judge overseeing his case, expressing remorse for his actions and accepting full responsibility for his "poor decisions." The post Binance Founder CZ Apologizes and Accepts Responsibility in Letter to Judge...

Prosecutors in the US are contemplating 3 years imprisonment for Zhao


Prosecutors in the US strongly feel that the founder and ex-chief executive of Binance, Changpeng Zhao, deserves a three-year sentencing, as per a recent filing. In the opinion of the Department of Justice, Zhao’s illegal activities were intentional and deliberate. It was an act carried...

Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing


Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance failures at the cryptocurrency exchange. Changpeng...

Binance to phase down BNB Beacon Chain (BEP2) deposits


The BNB Chain members have communicated that Binance will terminate all operations on the BNB Beacon Chain (BEP2) by June 2024. In line with this decision, Binance has set a deadline for all BEP2 token deposits, excluding Binance-pegged tokens (B-tokens), which must be completed by May 15, 2024,...

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