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Tag Archives: Changpeng Zhao

Changpeng Zhao Calls Out Elon Musk Over His Alleged Double Standard Regarding Electricity for Crypto Mining

Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency exchange by daily trading volume – has called out Elon Musk over his alleged lack of willingness to accept bitcoin payments for Tesla-based goods and services. Elon Musk Has Attracted Some Backlash from Zhao It appears Zhao has issues with Musk’s recent words regarding the mining process behind bitcoin. While Tesla was initially set to accept bitcoin as a method of payment, Musk...

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Changpeng Zhao: The Herd Mentality Is Hurting Crypto

Sometimes, the only way to keep a financial market alive is to think for yourself, and according to Changpeng Zhao – the CEO of Binance, the world’s largest and most popular cryptocurrency exchange – the herd mentality is really doing some heavy damage to the digital asset space. Changpeng Zhao Thinks People Need to Invest Long Term To be fair, he comments in a recent interview that this same attitude is seen in the stock market, though crypto appears to be more...

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Binance CEO: We’re Seeing a Lot More Institutional Investors On Our Platform

Institutional adoption of bitcoin is increasing tenfold, and exchanges are playing a crucial part in garnering these institutions the digital assets they’re so desperate for. Changpeng Zhao – the CEO of Binance, arguably the largest and most popular crypto trading platform in the world – has stated that he’s seeing huge bursts of institutional interest in his company, and that large buys are becoming much more common. Binance Is Seeing Its Clientele Grow Binance came...

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Changpeng Zhao: Bad Behavior Isn’t Reserved to BTC

When it comes to money laundering and illicit behavior, bitcoin is still getting a bad rap, though according to Changpeng Zhao – the CEO of cryptocurrency exchange Binance, arguably the largest and most popular exchange in the world – this isn’t always warranted.Changpeng Zhao: BTC’s Reputation Is Still SufferingIn a recent interview, Zhao explained that money laundering is indeed dangerous, though while it’s widely associated with bitcoin, the asset itself doesn’t pose a danger to society...

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Binance Encounters Problems with Its Bitcoin Futures

Binance – the world’s largest and most prominent cryptocurrency exchange by market cap – has been experiencing a few problems over the past few days. It looks like one customer’s trading activities is responsible for sending the price of certain bitcoin futures up into the $100K range.Binance Deals with a Naughty CustomerBinance chief executive Changpeng Zhao explained in a tweet:Another day in crypto. A user’s [algorithm] went ballistic and sent multiple orders to achieve this.The good news...

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Changpeng Zhao: BTC Could Experience Another Drop

There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...

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Expedia and Travala to offer frictionless bitcoin travel booking

Expedia and Travala.com Join Forces to Offer Frictionless Cryptocurrency Travel Booking Expedia Partner Solutions (EPS), one of the brands of Expedia Group, has launched a new partnership with Travala, the leading cryptocurrency-friendly accommodation booking platform with over 2 million hotels in 230 countries. Powered by EPS’s versatile API, Rapid, more than 700’000 Expedia Group hotels and accommodations are now available via...

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Changpeng Zhao: Bitcoin Use Is About to Explode

The past few weeks have been relatively up and down for bitcoin, the world’s number one digital asset by market cap, but for Changpeng Zhao – CEO of Binance, the most popular and largest crypto exchange across the globe in terms of volume – the good news is just getting started for BTC.Changpeng Zhao Thinks Use Will Increase for BTCDuring the last few months, there has been serious hype surrounding the bitcoin halving, which occurred roughly 48 hours ago. For the most part, the leadup to the...

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Lawsuits Filed against Binance, Block.one, BitMEX and Other Crypto-Related Companies

Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.Binance, Block.one, BitMEX, TRON Foundation, BiBox and others received an astral hit. Well, not quite astral, but rather juridical. Because the regulators are mad when someone is doing things wrong.All the lawsuits are filed to the Southern District of New York. Per the...

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Binance Announces Possible Purchase of CoinMarketCap.com

Binance – arguably the largest and most popular crypto trading platform in the world in terms of market volume – has purchased the crypto data firm CoinMarketCap.com for approximately $400 million.Binance Has Engaged in a Big BuyWhile the deal is not fully set in stone, an announcement is expected to be made by the end of this week or no later than early next week. Binance CEO Changpeng Zhao teased the merger earlier in the year, explaining to users via newsletter:As the saying goes, when you...

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