Changpeng Zhao tweet led to the collapse of cryptocurrency xchange FTX says Caroline Ellison
The downfall of cryptocurrency exchange FTX has been partially attributed to a tweet by Binance CEO Changpeng “CZ” Zhao, according to former Alameda Research CEO Caroline Ellison. According to former Alameda Research CEO Ellison testified in Sam “SBF” Bankman-Fried’s criminal trial that CZ’s tweet played a role in the demise of FTX. The tweet announced […]
Binance CEO Changpeng Zhao and executives face potential legal trouble in Brazil
The CEO of Binance, Changpeng Zhao, along with three other executives, may soon face legal action in Brazil. A congressional committee in the country has recommended that local law enforcement pursue action against them after an investigation into financial pyramid schemes. The committee’s recommendation is based on a detailed 508-page report on pyramid schemes. While […]
Binance CEO turned down $40 million offer to launch crypto Futures Exchange
In a surprising revelation from 2019, it has been disclosed that Binance CEO Changpeng “CZ” Zhao declined a $40 million proposal from then FTX CEO Sam Bankman-Fried to establish a cryptocurrency futures exchange. The offer from Bankman-Fried came in March 2019, as chronicled in Michael Lewis’ book “Going Infinite.” Binance at that time was operating […]
Changpeng Zhao, Binance CEO, faces class-action lawsuit over FTX’s downfall
Changpeng Zhao, the CEO of Binance, along with Binance.US, are at the center of a class-action lawsuit. The legal action is related to their purported role in the collapse of FTX, a competing cryptocurrency exchange. On Monday the lawsuit was initiated by California resident Nir Lahav, accusing Zhao and Binance.US of numerous federal and California […]
Binance fully exits Russia with sale to CommEX which runs on Chinese analog tengine
A developer with the username alexdev expressed amusement on X (formerly Twitter) about the website commex.com. According to him, the website runs on tengine, a Chinese analog of the popular web server software nginx. He stated that the chance of Russian developers using similar software is extremely low. This came after Binance announced their agreement […]
Editor’s Wrap: NFTs Aren’t Dead Just Yet
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Binance CEO CZ and Exchange File Motion to Dismiss SEC Lawsuit 2️⃣ Crypto Traders Are Yelling at Each Other on Elon Musk’s […]
CZ and his friends got together in Singapore to get tattoos of the Binance logo — Inside story of the crypto exchange’s most known logo
During a casual dinner in Singapore, Luke’s Bitcoin logo tattoo sparks a discussion about getting additional crypto-related tattoos. Luke, a member of the founding team of CoinMarketCap and a staunch supporter of Binance, plans to add the logos of CoinMarketCap and Binance to his arm. Feeling inspired by Luke’s commitment, CZ decides to join in […]
Is Binance in trouble? Adam Cochran’s raises alarm about blow up
According to Adam Cochran, there are concerns surrounding Binance and the potential consequences of an alleged blowup. Although the tip has yet to be fully verified, if true, it could lead to a longer and more painful situation than originally anticipated. Cochran has shared this information with journalists to seek confirmation. Consequently, he has replaced […]
Binance CEO CZ clears the air on Bitcoin sell-off allegations
Binance CEO Changpeng Zhao, commonly known as CZ, has responded to allegations of a significant sell-off of Bitcoin (BTC) by Binance, which were linked to a 7% price drop. CZ addressed the accusations on Twitter and shared a thread by a user named ZkHopium, who presented a detailed analysis disproving the claims. The analysis focused […]
$100 Investment In Bitcoin In 2009 Would’ve Made You A Multi-Millionaire Today🤑
Happy Friday, fellow crypto enthusiasts! 🥳 We’re back with the juiciest news of the week in the crypto-sphere, served with a side of fresh guac and hot salsa! But wait, there’s more! In today’s edition, we’re also diving deep into the time machine and checking out what would have happened if you’d invested $100 in […]