5 / 5 Relevant items tagged with #CZ

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The Binance Black Box: Assessing Reserves And Liabilities

[Dec 15, 2022 10:00 PM] Binance's bitcoin balance sees its largest one-day outflow ever and the price legitimacy for the exchange-native BNB token is called into question. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium…

Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

[Dec 14, 2022 5:00 PM] Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile…

BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit

[Dec 2, 2022 6:30 AM] Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar…

Binance CEO: We Don’t See a Viable Business in India

[Nov 20, 2022 10:30 PM] Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and…

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

[Nov 18, 2022 11:00 AM] In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market…