Binance

Changpeng Zhao may not leave the US pending court review, says judge

Binance, Changpeng Zhao, crimes, law, regulation, United States /

Changpeng Zhao may not leave the US pending court review, says judge 27/11/2023 at 23:03 By Cointelegraph By Turner Wright Pending a motion to review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing. This article is […]

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Binance CEO outlines plan for crypto exchange after CZ steps down

Binance, Business, Changpeng Zhao, Cryptocurrency Exchange, Richard Teng /

Binance CEO outlines plan for crypto exchange after CZ steps down 27/11/2023 at 20:03 By Cointelegraph By Turner Wright Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21. This article is an excerpt from

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What’s next for Binance’s Changpeng “CZ” Zhao

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What’s next for Binance’s Changpeng “CZ” Zhao 26/11/2023 at 21:02 By Cointelegraph By Ana Paula Pereira According to the U.S. Sentencing Guidelines, CZ could receive a 12-18 month sentence, but the Department of Justice is willing to fight for a longer term. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Binance onboarded millions into finance but forgot the paperwork — Columbia professor

Binance, money laundering, United States /

Binance onboarded millions into finance but forgot the paperwork — Columbia professor 26/11/2023 at 01:02 By Cointelegraph By Ana Paula Pereira Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

2024, Australia, Binance, bull market, Crypto, ETF, exec /

‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads 24/11/2023 at 06:03 By Cointelegraph By Tom Mitchelhill The heads of Australia’s largest crypto exchanges say a bull run is coming early next year — others say it’s already arrived. This article is an excerpt from Cointelegraph.com News View Original Source React

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

Binance, blackrock, CZ, dYdX, ETF, Ethereum, markets, regulation, Stablecoin /

Ethereum (ETH) price reclaims $2K as data shows a surge in network activity 24/11/2023 at 02:02 By Cointelegraph By Marcel Pechman Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000. This article is an excerpt from Cointelegraph.com News View

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X restricts Changpeng Zhao’s account after name change removes ‘Binance’

Binance, Business, Changpeng Zhao, social media, Twitter /

X restricts Changpeng Zhao’s account after name change removes ‘Binance’ 23/11/2023 at 23:02 By Cointelegraph By Turner Wright The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. This article is an excerpt from Cointelegraph.com News View Original

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FTX’s FTT token rallies 30% — Binance effect or FTX 2.0 reopening?

Binance, Cryptocurrencies, Cryptocurrency Exchange, FTX, FTX Token /

FTX’s FTT token rallies 30% — Binance effect or FTX 2.0 reopening? 23/11/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha This surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Binance, court, Cryptocurrency Exchange, Department of Justice, Kraken, SEC, United States /

Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance 23/11/2023 at 11:02 By Cointelegraph By Arijit Sarkar Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” This article is an excerpt from Cointelegraph.com News View Original Source React to

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CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

Binance, Changpeng Zhao, court, CZ, flight risk, Justice Department /

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ 23/11/2023 at 09:02 By Cointelegraph By Martin Young U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. This article is an excerpt from Cointelegraph.com News View

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No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

Binance, Business, Department of Justice, funding, United States /

No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen 23/11/2023 at 00:02 By Cointelegraph By Turner Wright Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

Binance, deribit, ETF, markets, premium, SEC, skew /

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved 22/11/2023 at 23:02 By Cointelegraph By Marcel Pechman BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson

Binance, Cardano, Charles Hoskinson, CZ /

Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson 22/11/2023 at 23:02 By Cointelegraph By Tom Blackstone The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance’s DOJ settlement offered some glimmers of hope for the crypto industry

Binance, Changpeng Zhao /

Binance’s DOJ settlement offered some glimmers of hope for the crypto industry 22/11/2023 at 20:02 By Cointelegraph By J.W. Verret Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry’s legitimacy. This article is an excerpt from Cointelegraph.com News View Original Source

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BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’

Binance, Bitcoin, BTC price /

BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’ 22/11/2023 at 18:03 By Cointelegraph By William Suberg Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Did Binance’s CZ predict his own downfall?

Binance, CZ, DOJ, regulator, scrutiny., SEC, US /

Did Binance’s CZ predict his own downfall? 22/11/2023 at 16:07 By Cointelegraph By Gareth Jenkinson An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

Binance, Changpeng Zhao, Cryptocurrencies, Department of Justice, United States /

Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says 22/11/2023 at 14:02 By Cointelegraph By Prashant Jha Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down. This article is an excerpt from

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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics

Binance, court, Cryptocurrency Exchange, Department of Justice, United States /

New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics 22/11/2023 at 14:02 By Cointelegraph By Arijit Sarkar Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. This article is an excerpt from Cointelegraph.com News View Original

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CZ departure, Binance deal lead to purge of $175M of crypto longs

Binance /

CZ departure, Binance deal lead to purge of $175M of crypto longs 22/11/2023 at 13:02 By Cointelegraph By Ezra Reguerra Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’

AML, Binance, Changpeng Zhao /

CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’ 22/11/2023 at 12:02 By Cointelegraph By Savannah Fortis Former Binance CEO CZ sent a letter to employees after he stepped down, assuring employees the company would be fine, and quoting a famous Star Trek line as he closed. This article is

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