[ad_1] Changpeng “CZ” Zhao said in a post on social media platform X (formerly Twitter) that he won’t be leaving the space entirely. “My current thinking is I will probably do some passive investing, being
[ad_1] Brian Armstrong, CEO of crypto exchange Coinbase, thinks that his company made the right decision to comply with U.S. money transmitter licensing laws. In a Nov. 21 social media post, Armstrong weighed in on
[ad_1] Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling
[ad_1] Binance has named its head of regional markets outside of the United States, Richard Teng, as its new CEO. The change comes as founder and former CEO Changpeng “CZ” Zhao has resigned and pleaded
[ad_1] Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative
[ad_1] Binance targeted growth in the U.S. market, especially among “VIP” users who drove the exchange’s trading volume and thus its revenue. These power users and their liquidity helped make Binance a juggernaut in crypto
[ad_1] Officials with the United States Department of Justice announced that Binance CEO Changpeng “CZ” Zhao will plead guilty to one felony charge as part of a settlement over criminal and civil cases with the
[ad_1] Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control
[ad_1] Teng’s strength is regulation and compliance, an area that has been a primary focus for Binance for the last couple of years. Before heading up the Financial Services Regulatory Authority at Abu Dhabi Global
[ad_1] As NFT marketplace Blur sets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million worth of airdropped BLUR tokens from Season 2.