Binance

Former Binance (CRYPTO: BNB) CEO Changpeng Zhao recently shared his personal reflections and future outlook following his legal entanglements.  Zhao said he was dealing "with some pain," but would "survive." He encouraged Binance employees to "continue performing...

Following the settlement between Binance (CRYPTO: BNB) and the U.S. Justice Department, the cryptocurrency exchange witnessed a relatively minor outflow of funds — less than $1 billion. Customers, for the most part, didn't panic, and Binance maintains a leading position in the...

Binance, the world’s largest cryptocurrency exchange, is on the verge of a landmark settlement with the Department of Justice (DOJ) that would require it to pay a staggering $4 billion.  What Happened: This settlement aims to address a string of criminal violations, marking one of the DOJ...

FTX’s native token FTT (CRYPTO: FTT) surged by 16% in the last 24 hours. The rise comes after the revelation that Binance CEO Changpeng Zhao, also known as “CZ,” is stepping down as part of an agreement with the Department of Justice.  What Happened: Binance’s native...

The cryptocurrency market has experienced a significant blow, with more than $225 million worth of positions being liquidated within a 24-hour timeframe.  What Happened: This market turbulence follows on the heels of a development involving Binance, the world’s largest cryptocurrency...

As families in the United States warm up their homes for Thanksgiving festivities, the temperature in the cryptocurrency market seems to be moving in the opposite direction, symbolizing the financial chills that November has historically brought upon the crypto sector. What Happened: Binance, the...

Noted economist Nouriel Roubini, known for his critical views of cryptocurrencies like Bitcoin (CRYPTO: BTC), expressed satisfaction over the resignation of Binance CEO Changpeng Zhao amidst allegations of money laundering. What Happened: Roubini, aka “Dr. Doom,” took to Twitter to...

Changpeng Zhao, the former CEO of Binance, has been released from custody pending “further proceedings” in a case involving money laundering violations. He has agreed to a $175 million bail bond as a part of his conditions for release. He must return to the United States fourteen days...

The world's largest crypto exchange Binance (CRYPTO: BNB), along with its CEO Changpeng Zhao, admitted guilt to federal charges Tuesday as part of a resolution with the U.S. Justice Department amounting to over $4 billion.  Binance conceded to violations related to the...

Changpeng Zhao, the CEO of Binance (CRYPTO: BNB), the world's largest cryptocurrency exchange, announced his resignation from the role Tuesday.  Zhao's decision comes after a period of intense scrutiny and regulatory challenges for Binance, with the U.S. Department of Justice slamming...

Benzinga‘s recent Fintech Deal Day & Awards and Future of Digital Assets conferences created plenty of buzz in the Web3 community. Still, among constructive discussions about the next phase of this industry, “Shark Tank” star Kevin O'Leary's warning about the world's largest...

With Binance (CRYPTO: BNB) CEO Changpeng Zhao's resignation Tuesday on the heels of a U.S. Justice Department investigation, the field is clear for large institutions to take over the Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) ETFs market, observers say. What Happened: Investor Mike Alfred...

Binance (CRYPTO: BNB) CEO, Changpeng Zhao is reportedly set to resign and admit guilt Tuesday to U.S. criminal charges related to anti-money laundering violations. What Happened: This move is part of an agreement potentially safeguarding the company's operational future,...

Major cryptocurrencies traded in a mixed manner on Monday evening, as there is an ongoing concern about the future of the world’s largest crypto exchange Binance. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +0.86% $37,588 Ethereum (CRYPTO: ETH) +1.31...

Kraken is embroiled in a legal battle with the Securities and Exchange Commission (SEC) over allegations of illegal activities and inappropriate management of customer funds. What Happened: The SEC raised accusations against the San Francisco-based firm on Monday, alleging violation of federal...