changpeng zhao

When it comes to cryptocurrency adoption, the past year has been dominated by the fact that institutional investors are now pouring into the digital asset market. In light of growing regulatory clarity and products like those offered by Grayscale that make traditional investors feel right at home when dealing with crypto, the last 12 months...Read More

A month after Binance Uganda, which is the Binance cryptocurrency exchange’s African wing, delisted ETH and LTC, it has now announced to delist the parent company’s very own native crypto, the Binance Coin (ticker: BNB). The move came after Binance Uganda periodically reviewed trading volume and liquidity of all its cryptocurrencies during which BNB coin did...Read More

In brief: The team at Binance has completed one of the largest coin burns of BNB to date.  The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March.   In December of 2018, Ethereum World News hinted that Binance...Read More

Not long ago, the much anticipated Justin Sun’s million-dollar launch with the business tycoon, Warren Buffet, was held. Following the event, Justin Sun informed the community of a successful launch with Buffet and some of the gifts exchanged was revealed. Among those gifts that Buffet received from Sun were top cryptocurrencies like bitcoin and TRX. ...Read More

At its first policy meeting of 2020, the Federal Reserve didn’t change much. As expected, the Federal Open Market Committee decided not to raise interest rates. The Fed will keep repo operations in overnight money markets going until April. But Fed Chair Jerome Powell did walk somewhat of a tightrope trying to explain what the...Read More

Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017.  The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million...Read More

Bitcoin promoter, Anthony Pompliano recently shared an excerpt from his September interview with Squawk box, CNBC. The interviewer questions him about the US dollar and how Bitcoin will be beneficial if adopted. Pomp takes the help of the CNBC medium to urge the Federal Government to tokenize the US Dollars as soon as possible. He...Read More

Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told him he used the mixing...Read More

The U.S. court has reportedly dismissed the law case for $150 million against the popular cryptocurrency derivatives exchange, FTX. The initial reasoning behind the lawsuit was market manipulation and unlicensed securities sales, but the court has not found any solid grounds to continue with the lawsuit. Cryptocurrency Exchange FTX Exonerated Earlier this year, the cryptocurrency...Read More

The Block reported that Binance’s Shanghai office was raided by the police. Changpeng Zhao (CZ) quickly responded and went into the offensive to refute The Block’s claims. CZ knows that he can file a lawsuit against the crypto news site but says that that’s “too much trouble for now.” On Thursday, The Block published an...Read More

BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More

Malta-based cryptocurrency exchange, Binance, has been in the news all month for a host of reasons. The exchange had a rough beginning to the month after the exchange’s old KYC data was leaked on a Telegram group. However, the exchange has managed to keep the community informed with a series of positive developments in its...Read More

Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1.7 billion to companies that falsely promised to multiply their capital within a short period. The criminals used plenty of old-school and new tricks to lure investors into purchasing worthless cryptocurrencies....Read More

AWS Tokyo services faced a temporary outage due to the overheating of part of chassis in the machine room on Friday. The recovery of AWS services in Tokyo is already in progress but not fully resolved yet. This had caused a price instability at some cryptocurrency exchanges in many of the Asian countries.  Correspondingly, Binance,...Read More

Malta-based cryptocurrency exchange Binance had launched its margin trading services on its platform, on July 11. The Changpeng Zhao-led exchange debuted its margin trading feature with only six cryptocurrencies, namely, BTC, ETH, XRP, BNB, TRX, and USDT. However, over time, the exchange has added several other cryptocurrencies to the list. A few weeks ago, the...Read More