Tag Archives: CZ

The SEC’s case against Binance centers on its claim that BUSD was sold as an investment contract, primarily because Binance marketed it as offering yield through reward programs. In a recent development, renowned stablecoin issuer Circle has intervened in the US Securities and Exchange Commission’s (SEC) case against Binance, arguing that stablecoins should not be classified as securities. Circle Defends Binance via Stablecoins The crux of Circle’s argument is that financial trading laws...

CZ confirmed that Binance did encourage CommEX to have a similar design and technical features to Binance. Changpeng Zhao (CZ) has denied claims that he may be the owner of CommEX, a company whose identity continues to raise suspicion. CZ issued the disclaimer on Thursday in line with the growing speculations around the ownership of the mysterious company. Recall that earlier this week, CZ announced that Binance was leaving Russia. In the announcement, he stated that the decision has to do...

Despite the recent wave of executive departures from Binance, the company said in June that it was embarking on a hiring spree with more than 2,000 available positions. Binance, the world’s largest cryptocurrency exchange, is experiencing another high-profile exit as Mayur Kamat, the Global Head of Product and Design, resigns from his role. Kamat’s departure is the latest in a series of executive exits in recent months. A spokesperson for Binance confirmed Kamat’s resignation in an emailed...

[unable to retrieve full-text content]CoinspeakerBinance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading The exchange has also inquired about the market makers' information and their willingness to allocate up to 5% of their circulating tokens to Binance's saving pools, in exchange of earning interest. Binance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading

[unable to retrieve full-text content]CoinspeakerBitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy Recent survey shows that Italy is the most expensive country for mining Bitcoin at $208,560 for each BTC produced. Bitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy

[unable to retrieve full-text content]CoinspeakerBinance Counters SEC’s Discovery Requests by Seeking Protective Order SEC's requests have not been limited to the discovery of Binance's custody, security and availability of customer assets alone. Binance Counters SEC’s Discovery Requests by Seeking Protective Order

[unable to retrieve full-text content]CoinspeakerBinance Reenters Japanese Market with 34 Tokens With 34 tokens, Binance will offer more coins than any exchange operating in Japan. Binance Reenters Japanese Market with 34 Tokens

[unable to retrieve full-text content]CoinspeakerNBA Star Jimmy Butler Seeks Dismissal from $1B Binance Class Action Lawsuit The NBA star's involvement in Binance's marketing campaign drew significant attention, considering his status as a prominent figure in professional basketball. NBA Star Jimmy Butler Seeks Dismissal from $1B Binance Class Action Lawsuit

[unable to retrieve full-text content]CoinspeakerBinance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message  In addition to thanking customers for 6 years of support, CZ also explained highs and lows Binance experienced since the launch in 2017. Binance Turns 6: CEO Changpeng Zhao Appreciates Customers in Heartfelt Message 

[unable to retrieve full-text content]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