Changpeng Zhao, known globally by the nickname “CZ,” has been a defining figure in the cryptocurrency industry since he founded Binance, one of the world’s largest crypto exchanges. From its inception, Binance quickly rose to prominence under CZ’s leadership, offering…
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Why Did TD Bank Avoid Jail While Binance ex-CEO CZ Didn’t?
The recent case of Binance CEO Changpeng Zhao’s prison sentence has sparked debate over the contrasting treatment of financial misconduct within the U.S. system, particularly in comparison with traditional institutions like TD Bank. While Zhao, founder of the cryptocurrency exchange…
Binance market share falls to its lowest point in four years. Can CZ chance that ?
Binance, as the largest cryptocurrency exchange globally, has been an influential force within the digital asset market. However, recent developments have seen the platform face multiple challenges, notably in terms of market share and its regulatory standing. Despite efforts to…
Hemi gets Binance Labs investment for blockchain scaling
Blockchain technology continues to evolve, with new networks and innovations pushing the boundaries of what is possible. One such groundbreaking development is Hemi, a modular blockchain network that integrates Bitcoin and Ethereum to create a superior ecosystem that addresses scaling,…
Nigerian Court Ruling on Binance Executive Bail Set for October 9
A legal case involving cryptocurrency giant Binance has taken center stage in Nigerian courts, with global implications for both the digital currency landscape and international relations. The outcome of this case may not only affect Binance’s operations but also highlight…
Binance Crypto Exchange Reopens in India After Securing Local Registration
In recent developments, global cryptocurrency exchanges, including Binance, have resumed operations in India after being temporarily banned. These exchanges were initially restricted due to their lack of registration with the Indian authorities. However, the landscape has since shifted, allowing Binance…
Binance Adds 1,000 Staff as Compliance Costs Exceed $200M
Binance has embarked on a significant hiring initiative for 2024. With the aim of enhancing its compliance efforts, the company plans to recruit 1,000 new employees, bringing its total workforce to over 6,000. This move underscores Binance’s commitment to meeting…
Solayer Investment by Binance Labs Enhances Solana Restaking
Binance Labs, the venture capital and incubation arm of Binance, has recently made a strategic investment in Solayer, a restaking network on Solana. This investment aims to bolster on-chain decentralized applications (dApps) with enhanced network bandwidth while concurrently securing Solana’s…
Binance Security Recovers $73 Million in Stolen Cryptocurrency
In the rapidly evolving world of digital finance, security remains a critical focus, particularly for leading cryptocurrency exchanges like Binance. As the industry continues to expand, so do the associated risks and challenges. Binance, a dominant player in the crypto…
Particle Network Secures Investment from Binance Labs
The blockchain landscape is rapidly evolving with the advent of multiple Layer 1 (L1) and Layer 2 (L2) solutions, aiming to enhance scalability and user interaction within diverse ecosystems. A notable development in this sector is Particle Network strategic partnership…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
