Tag Archives: Binance

Changpeng Zhao – CEO of crypto exchange Binance – believes his company has formed “a tight team” partly due to the “Fear, Uncertainty, Doubt” (FUD) that surrounds it on a regular basis.  The firm has been coping with regulatory issues with the US Securities and Exchange Commission (SEC), the Department of Justice (DOJ), and other watchdogs over the years. CEO Zhao has been constant in his statements, claiming Binance cooperates with regulators, whereas some media outlets have...

CoinspeakerBinance Announces Arkham (ARKM) Token Sale on Its Launchpad The Arkham project is focused on deanonymizing blockchain technology through a decentralized token financial system to enable a safe adoption of the crypto market among other reasons. Binance Announces Arkham (ARKM) Token Sale on Its Launchpad

Bitcoin and Ethereum are trading at an enticing discount on Binance.US, but not all users will be able to leverage it. At nearly $27,500, Bitcoin is trading about $2,500 lower on Binance.US compared to global spot markets. Ethereum, on the other hand, was trading at $1,700 – a discount of $200, offering market participants a better price than other crypto exchanges. Discount Concerns Crypto users took to Twitter to address the situation and termed it a “depeg” of...

The Portuguese soccer megastar Cristiano Ronaldo launched a new NFT collection called “Forever CR7: The GOAT.” The digital items are live on Binance NFT Marketplace and depict historic goalscoring moments from his career. Ronaldo’s memorable bicycle kick goal against Juventus in 2018 is featured as a Super Super Rare NFT with a bidding price of 15,000 USDT.  A Closer Look of CR’s NFTs The world’s largest cryptocurrency exchange inked a deal with one of the greatest soccer...

Binance – the largest and most popular digital currency exchange – is in hot water again after former insiders alleged that the exchange combined funds from customers with those of the company. What Did Binance Do? In what could be argued as taking a page out of the FTX playbook, Binance is accused of not keeping customer and company funds separate. This would be a breach of U.S. financial rules. Binance has denied any wrongdoing. One of the insiders claims that...

CoinspeakerCZ Debunks FUD Surrounding Departure of Executives from Binance Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers' deposits, and flouting KYC rules. CZ Debunks FUD Surrounding Departure of Executives from Binance

CoinspeakerMultichain Suspends Services Following $130M Exploit across Multiple Bridges Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice. Multichain Suspends Services Following $130M Exploit across Multiple Bridges

Changpeng Zhao (CZ), the CEO and founder of leading crypto exchange Binance, announced that his company’s users, assets, and platform were unaffected by the recent hack on the cross-chain router protocol Multichain. The Binance boss tweeted that the exchange had finalized all asset swaps and closed deposits a while before the incident occurred. Binance Unaffected by Multichain Exploit On July 6, Multichain experienced abnormal outflows from its bridge contracts to an unknown...

A slew of senior executives at Binance are reportedly fleeing en masse as the company grapples with a massive lawsuit from the Securities and Exchange Commission (SEC) and a Justice Department investigation into its CEO Changpeng Zhao (CZ). One executive – former Chief Strategy Officer Patrick Hillman – has already confirmed his departure. Chaos In Binance’s Ranks? A report from Fortune on Thursday claimed that general counsel Han Ng and SVP for Compliance Steven Christie...

CoinspeakerUnhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees. Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction