Tagged: changpeng zhao

October 18, 2021 @ 9:23 pm By Omar Faridi  |  

The team at digital assets firm Binance notes that they are pleased to confirm the appointment of Mark McGinness, former Head of International Relations at the Dubai Financial Services Authority (DFSA). Mark joins Binance as its Chief Regulatory Liaison Officer, the announcement revealed. Binance CEO… Read More

August 10, 2021 @ 8:31 am By Omar Faridi  |  

The latest report from EthHub, the “essential” resource for Ethereum information, curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar), notes that Ethereum Improvement Proposal or EIP-1559 is now live on the Ethereum (ETH) network. Since the major upgrade went live this past week, the… Read More

August 7, 2021 @ 8:05 am By JD Alois  |  

Former acting Comptroller of the Currency Brian Brooks has announced his exit as CEO of Binance.US. Brooks has only been the Chief Executive of Binance.US since April 2021. Binance.us is a subsidiary of Binance – the largest cryptocurrency exchange in the world. At the time… Read More

July 31, 2021 @ 2:43 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) has announced new enforcement actions against digital assets firm Binance. The cryptocurrency exchange operator has been accused of illegally operating its trading platform in Malaysia. The SC has now ordered Binance to immediately disable access to its website as well… Read More

July 29, 2021 @ 9:24 am By Omar Faridi  |  

Changpeng Zhao or “CZ”, the CEO of Binance, the world’s largest cryptocurrency exchange in terms of adjusted trading volume, recently announced that he would be welcoming regulation. CZ also said he wants Binance to work cooperatively with regulatory authorities, across the globe, as it establishes… Read More

July 17, 2021 @ 9:31 pm By Omar Faridi  |  

Binance USD, a major stablecoin issued by crypto exchange Binance, has reached its $10B market cap milestone and has entered the top 10 digital currency rankings, the company confirmed in a blog post on July 15, 2021. Binance USD has already exceeded $11 billion in… Read More

May 13, 2021 @ 4:01 pm By JD Alois  |  

Binance, the world’s largest crypto exchange is said to be under investigation by the US Department of Justice and the Internal Revenue Service (IRS). According to Bloomberg, government officials are digging into possible money laundering and tax infractions. The report cited individuals with knowledge of… Read More

April 27, 2021 @ 1:56 pm By JD Alois  |  

Binance, the world’s largest crypto exchange, announced a forthcoming NFT market to launch this coming June. NFTs or non-fungible tokens have boomed in recent months. While in existence for years, the advent of the sale of a work of digital art by Beeple for over… Read More

April 20, 2021 @ 5:31 pm By JD Alois  |  

Binance.US, an offshoot of Binance – the largest crypto exchange in the world, has hired the former Comptroller of the Currency, Brian Brooks, as its new Chief Executive Officer. In a strategic coup, Brooks will now be leading Binance.US, a top ten crypto exchange, in… Read More

April 12, 2021 @ 9:20 am By JD Alois  |  

Binance has announced the launch of digital securities including fractional shares with zero commissions. The world’s largest digital asset exchange has taken a natural next step to offer investors both traditional and crypto-assets. Binance is providing the service in partnership with CM-Equity AG, licensed in… Read More

April 8, 2021 @ 10:34 pm By Omar Faridi  |  

The blockchain-based decentralized applications (dApp) industry has seen “tremendous” growth, according to a report from DappRadar. There’s been a 639% increase in active wallets across all blockchain or distributed ledger technology (DLT)-enabled platforms during Q1 2020. The report reveals that there were around 458,000 daily… Read More

January 30, 2021 @ 3:54 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange in terms of volume and scope of operations, recently revealed that a sudden rush of new users on its platform had put its systems under a lot of stress and overload, leading it to temporarily suspend withdrawals. Binance… Read More

January 8, 2021 @ 3:55 pm By Omar Faridi  |  

Binance Launchpool, a new project aimed at bringing the decentralized finance (DeFi) experience to Binance users and where traders can earn new token rewards in exchange for staking, has launched its first project this year – which is called the Bitcoin Standard Hashrate Token (BTCST)…. Read More

January 2, 2021 @ 3:28 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it remains committed to innovating in 2021 in an increasingly “decentralized” world. Binance CEO Changpeng Zhao or CZ has shared his thoughts and reflections looking back at 2020 and the firm’s goals for the new year. Zhao… Read More

December 16, 2020 @ 7:37 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has partnered with a Fintech-focused blockchain firm, called Chiliz, which provides various sports and entertainment services. Binance, which claims it was an early investor in Chiliz, has now extended the partnership with additional investments – which will focus… Read More

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 8, 2020 @ 10:54 am By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has noted in its weekly crypto market report that for most of the past week, Bitcoin (BTC) had been trading between the relatively tight $13,300 and $13,900 range. But then, over the span of just 48 hours, the… Read More

September 29, 2020 @ 1:00 pm By Omar Faridi  |  

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

September 23, 2020 @ 10:28 am By JD Alois  |  

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

September 22, 2020 @ 8:17 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has launched what it calls the “Innovation Zone,” which will permit certain users to trade newer cryptocurrency token offerings directly from their Binance account, while protecting “less suited” traders from being exposed to the potential risks that come… Read More