In the past few weeks, there have been several notable regulatory actions targeting the crypto industry. These include the UK’s Financial Conduct Authority (FCA) banning Binance from operating in the UK, China’s intensified crackdown on mining and trading, the US Securities…
Is USDC the Most Promising Regulatory-compliant Stablecoin?
The cryptocurrency space has its share of bad actors. This is one of the reasons a lot of investors are having second thoughts about dipping their toes in digital assets. Circle’s USDC stablecoin is being marketed as one of the…
Binance CEO: Only 1% of People Can Manage Cryptocurrency Self-custody
Changpeng “CZ” Zhao, CEO of Binance, has issued a warning to the cryptocurrency community on self-custody, claiming that 99% of those who choose to do so will probably lose their cryptocurrency somehow. Self-custody Risk For years, CZ has advocated for…
Binance Co-founder CZ Says Governments Should Regulate Cryptos As Opposed to Fighting them
According to Binance CEO Changpeng Zhao, the adoption of cryptocurrencies will come regardless of how countries choose to respond to them. In his opinion, countries would do well to regulate cryptos as opposed to fighting them. Crypto Regulation Debates Are…
Binance Publishes BTC Proof Of Reserves to Reassure Customers Of Funds Safety
As promised by CZ, the CEO of Binance, the exchange has made public its proof of reserves for Bitcoin. On-chain reserves totaling more than 582,000 BTC—more than 1% of the entire amount of client deposits—back consumer funds. Proof Only Covers…
Billion-Dollar Binance Crypto Recovery Initiative Pulls In $50 Million From 7 More Investors
The largest cryptocurrency exchange in the world, Binance, has announced the launch of the $1 billion Industry Recovery Initiative, which will support struggling crypto businesses. With that piece of news blowing up the crypto space, 7 additional businesses are now…
Genesis Disputes “imminent” Intentions to Declare Bankruptcy.
Genesis, a cryptocurrency loan firm, has denied rumors that it is preparing to file for bankruptcy “imminently” if it is unable to meet a $1 billion shortfall brought on by the collapse of cryptocurrency exchange FTX. Company Couldn’t Raise Capital…
Binance to Bailout Strong but Struggling Crypto Projects With Launch Of “Recovery Fund”
Changpeng “CZ” Zhao, the CEO of Binance, announced on November 14 that the exchange would establish an industry recovery fund to aid solid enterprises facing a liquidity problem. CZ made the remarks in light of the current bear market liquidity…
Binance Pulls Out Of FTX Deal, Leaving Exchange On the Precipice, and Investors Gutted
Sam Bankman-Fried’s crypto empire is in danger of collapsing as a result of Binance’s decision to abandon its acquisition of FTX, the business announced on Wednesday. The decision to reverse course was made just one day after Binance CEO Changpeng…
Binance Wants To Help Elon Musk Run Twitter Through Its Payment Service
After investing $500 million into Elon Musk’s Twitter takeover, Binance now wants to help Musk run the organization by giving Twitter “a seat at the table.” Changpeng ‘CZ’ Zhao, CEO of Binance, wants to guarantee that cryptocurrencies and Web3 will…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
