Based on reports, victims of the October 7 attacks in Israel have filed a federal lawsuit against Binance and its founder, Changpeng “CZ” Zhao, claiming the exchange allowed large crypto flows to militant groups. Related Reading The complaint lists 306 American plaintiffs who say they were killed, injured, or taken hostage and are demanding damages.…
Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, responds to allegations that their Shanghai office was raided last week. In an interview with Nugget’s News, CZ maintains that Binance does not run an office in China, while, at the same time, denying that the incident ever took place. The Block Maintains A Raid…
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures,…
The CEO of crypto exchange Binance, Chagpeng Zhao (CZ) acknowledged that “a lot” of employees opt to be paid in BNB, rather than fiat.I’m REALLY curious to know what % of employees from Binance did choose to be paid via BNB (when they got option to be paid in BTC or their local fiat) 🧐🧐That’s…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Changpeng Zhao (CZ), the founder of Binance and creator of its native token BNB, has been released from prison. Binance founder Changpeng “CZ” Zhao was released from prison on Friday, according to the U.S. Bureau of Prisons (BOP). His release comes two days earlier than scheduled, as his original release date was set for Sunday,…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
After a few scares, Binance ’s offensive moves start. Regulators around the world surrounded the biggest cryptocurrency exchange by market capitalization. Their lawyers were working overtime. There were pitfalls all around. A few months later, Binance is the one setting the rules. They’re the ones inviting the regulators to the castle. They’re trying to set…
Binance Coin (BNB) is facing a critical test as sustained selling pressure pushes the token toward a level many analysts now describe as its final short-term support. Since January 29, BNB has declined about 14.6%, underperforming Bitcoin over the same period and reflecting a broader shift in risk appetite across crypto markets. Related Reading: Standard…
The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy at first, there are good arguments for it. Rumors have been swirling for weeks about a potential DOJ action against Binance, a…