Tagged: changpeng zhao

April 2, 2020 @ 9:15 am By JD Alois  |  

Binance has officially announced its acquisition of CoinMarketCap. It was reported earlier this week that an announcement of the purchase was pending. The rumored purchase price placed the acquisition at around $400 million making it one of the biggest crypto-focused acquisitions to date. Binance did not… Read More

March 31, 2020 @ 9:01 am By JD Alois  |  

Crypto exchange Binance is acquiring CoinMarketCap for up to $400 million, according to a report by the Block. People familiar with the pending transaction said the deal was due to CoinMarketCap’s ability to drive traffic and thus potentially boost utilization of Binance. CoinMarketCap was founded… Read More

March 15, 2020 @ 3:08 pm By Omar Faridi  |  

Changpeng Zhao, CEO at Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has revealed that the firm will introduce a fiat gateway for South African digital asset traders, which will allow them to make deposits in Rands. The announcement was made during the… Read More

March 3, 2020 @ 7:02 am By Omar Faridi  |  

Malta-based crypto asset exchange Binance recently revealed that its fiat on-ramp for the Turkish Lira has officially launched.  Binance has teamed up with Akbank, one of the largest banks in Turkey, in order to introduce the new fiat gateway. Binance’s users in Turkey now have… Read More

March 1, 2020 @ 12:31 pm By Omar Faridi  |  

Malta’s financial regulators clarified last week that Binance, the world’s largest digital asset exchange by adjusted trading volume, is not licensed “to operate in the cryptocurrency sphere” within the island nation.  The Malta Financial Services Authority (MFSA) has not yet issued operational licenses to any… Read More

February 23, 2020 @ 5:48 pm By Omar Faridi  |  

The Malta Financial Services Authority (MFSA), the nation’s financial regulator, released a statement on February 21, claiming that it never actually regulated Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume.  To quote the MFSA: Following a report in a section of… Read More

February 18, 2020 @ 8:48 am By Omar Faridi  |  

Malta-based digital asset exchange Binance’s Singapore division has applied for a new payments license under the city-state’s new Payment Services Act, which became effective on January 28, 2020. Changpeng Zhao, CEO at Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume, confirmed:… Read More

January 5, 2020 @ 6:45 am By Omar Faridi  |  

Malta-based digital asset exchange Binance has announced that it will be supporting euro (EUR) trading against six major cryptocurrencies, as part of the global platform’s latest fiat-focused expansion. According to Binance’s latest blog post, the exchange enabled trading for EUR pairs at 8am on January… Read More

October 22, 2019 @ 3:02 pm By Omar Faridi  |  

Malta-based digital asset exchange Binance is planning to launch its first fiat-to-cryptocurrency trading pairs. While attending the Open Innovations 2019 conference in Moscow this week, Binance CEO Changpeng “CZ” Zhao said that fiat-to-crypto options would be introduced soon, starting with the Russian ruble. Zhao stated:… Read More

October 11, 2019 @ 1:53 am By Cali Haan  |  

Following a confirmation from CEO Changpeng Zhao (CZ) on Twitter yesterday that the Binance cryptocurrency exchange will soon allow customers to their trading accounts using Alipay and WeChat, Alipay has tweeted to deny Zhao’s announcement, stating: “NO, you cannot…There’re several reports about @Alipay being used for… Read More

September 25, 2019 @ 1:41 am By Omar Faridi  |  

Binance, reportedly the world’s largest cryptocurrency exchange by adjusted trading volume, revealed that it has been granted an information security accreditation after adhering to standards outlined by the International Organization for Standardization (ISO). In order to satisfy the internationally recognized ISO/IEC 27001 standard, Binance’s management… Read More

September 18, 2019 @ 10:02 am By Omar Faridi  |  

Malta-based Binance, the world’s largest crypto asset exchange by adjusted trading volume, has invested in Mars Finance, a Chinese media and data source company. Although the exact amount invested has not been shared publicly, the company is valued at $200 million, according to a press… Read More

September 3, 2019 @ 8:00 pm By Cali Haan  |  

Binance, a platform reportedly handling 55% of the world’s crypto trading traffic, has acquired a crypto derivatives platform called JEX, Binance has announced: “JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional… Read More

July 17, 2019 @ 2:51 am By Cali Haan  |  

Bitcoin’s recent rollercoaster ride, involving multiple thousand-dollar fluctuations between $9000 and $14 000 USD within very short time frames (sometimes less than 2 hours) is being brought about by an increase in leverage available at exchanges, “CZ Binance” told Bloomberg recently. Changpeng Zhao or “CZ”… Read More

June 14, 2019 @ 4:16 pm By Cali Haan  |  

One day after announcing the creation of a dedicated cryptocurrency trading platform for US customers, Binance, the world’s largest cryptocurrency exchange by volume, has modified its terms of service to exclude “any U.S. person.” The change comes under the subheading “Prohibition of Use” in the… Read More

May 11, 2019 @ 11:07 am By Cali Haan  |  

Changpeng Zhao, CEO of Binance, one of the world’s largest cryptocurrency trading platforms, has issued a blog post stating the business is working hard to tighten security after hackers stole 7070 Bitcoins (worth ~$44 million USD) from an exchange hot wallet earlier this week. Zhao… Read More

May 10, 2019 @ 9:22 am By JD Alois  |  

The Founders Bank has appointed Kenan Altunis as Chief Executive Officer. Altunis was most recently Global Co-Head of the Institutional Client Group within Deutsche Bank’s Corporate and Investment Bank where he was responsible for a multibillion-dollar revenue operation and a team of over 1000 people…. Read More

May 9, 2019 @ 4:22 pm By Cali Haan  |  

Changpeng Zhao, CEO and founder of Binance, the world’s largest cryptocurrency exchange, stirred controversy this week when he suggested that colluding Bitcoin miners could “roll-back” Bitcoin’s data records and recover $41 million USD in bitcoins hacked from Binance this week. Zhao made the comments in… Read More

October 15, 2018 @ 10:46 pm By Cali Haan  |  

Binance, the world’s largest cryptocurrency exchange by volume, announced this morning that it has begun accepting registrations at its Binance Uganda exchange. “Users are now able to complete full account verification in the User Center after logging in,” says a company announcement regarding the launch…. Read More

August 14, 2018 @ 11:30 am By Cali Haan  |  

The CEO of one of the world’s fastest-growing cryptocurrency exchanges, Binance, has shot back against an accuser on Twitter who claimed last week that Binance asked for 400 bitcoins (worth about $2.5 million USD) to list a small coin on the exchange. The accusations were… Read More