Tag Archives: Changpeng Zhao (CZ Binance)

The world’s leading crypto exchange, Binance, is purportedly being investigated by the US Commodity Futures Trading Commission for allowing residents to trade derivatives without the necessary registration. Although Binance CEO CZ called the development “FUD,” the crypto market reacted with a sudden price drop. Citing people familiar with the matter, Bloomberg reported the CFTC had begun an investigation aiming to determine if Binance has violated any US rules. More specifically, the...

This is Binance Smart Chain’s time to shine, and the Binance CEO CZ knows it and is ready to take advantage of it.The increasing use of DeFi protocols, dApps, and applications built on top of Ethereum, has overloaded the network to the point where its fees are almost unsustainable. Several blockchains are vying to emerge as the new Ethereum killer, and CZ is rooting for BSC as the best option.CZ has been known to be a funny yet respectful guy when it comes to measuring his words. Still, his...

While the $1.5 billion bitcoin purchase from Tesla caught most crypto insiders and outsiders by surprise, Binance CEO Changpeng Zhao actually predicted the move over a month ago. Simultaneously, full-time BTC basher Peter Schiff was wrong (again) as he said that Elon Musk would not be “dumb enough” for such a move.CZ Was Wright About Tesla’s BTC PurchaseArguably the biggest news in the crypto industry this week came from the Palo Alto, California-headquartered electric vehicle and clean...

Binance Coin, the native token of the world’s leading crypto exchange Binance, has been surging in the past several days to new all-time high records. Despite jumping above $60 earlier today, company CEO Changpeng Zhao urged people to stay calm as this is “just the beginning.”BNB’s Painted A New ATHWhile bitcoin and some altcoins, such as ETH, DOT, and LINK, took center stage during the recent bull run, Binance Coin seemed rather neglected. Although BNB had also increased in value since early...

After another day that reminded of the volatility in the cryptocurrency market, Binance has experienced technical difficulties that resulted in temporarily halting withdrawals. Nevertheless, the leading exchange reassured its customers that all funds are safe and later announced it had resolved the problem.CryptoPotato reported earlier that BTC, as well as most alternative coins, skyrocketed in a matter of minutes after Tesla’s CEO Elon Musk updated his Twitter profile to include only...

The leading cryptocurrency asset manager, Grayscale Investments, has donated $1 million to the non-profit think tank focused on public privacy in the crypto ecosystem – Coin Center. Additionally, Grayscale has vowed to match every other donation up to $1 million through February 2021.Grayscale Donates $1M To Coin CenterBased in Washington, DC, Coin Center is a non-profit research and advocacy center aiming to resolve public issues within the cryptocurrency field and decentralized computing...

DeAndre Cortez Way, better known by his stage name as Soulja Boy Tell’ Em (or just Soulja Boy), has initiated a Twitter conversation with prominent crypto individuals and hinted that he could explore launching his own digital asset.Interestingly, the rapper created a song dedicated to Bitcoin in 2018 in which he bragged about “stacking” and making “100 racks” in BTC.Soulja Boy To Create His Own Crypto?The Chicago-born rapper, songwriter, record producer, and actor asked the crypto community...

The crypto trading giant has set a new all-time high in 24-trading volume, exceeding $80 billion on both the spot and derivatives platforms. In total, more than $180 billion has been traded across the entire crypto market in the last 24 hours as of press time.Binance Trading Volume Records New ATHTweeting on Monday (Jan. 4, 2021), Binance CEO Changpeng Zhao said that trading volume on the platform was twice its previous all-time high (ATH), reaching over $80 billion. Data from CoinMarketCap...

The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...

Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time.Bitcoin’s Surge Causes Issues On Binance and CoinbaseAs CryptoPotato reported earlier today, the primary cryptocurrency finally broke above $20,000. Bitcoin didn’t stop there and continued to a new all-time high level of $20,800.As it...