Binance addresses 7 instances of recent FUD via Chinese blog post
[Dec 22, 2022 10:25 PM] Binance is fighting back against the tsunami of FUD it has faced in recent weeks.
7 / 8 Relevant items tagged with #ChangpengZhao
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Binance joins lobbying group as criticism of the exchange ramps up
[Dec 20, 2022 1:30 PM] The exchange has come under increasing pressure from critics after the collapse of its rival, FTX.
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
[Dec 18, 2022 1:40 AM] Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.
BNB insurance Binance listing? CZ addresses delisted project's claims
[Dec 16, 2022 5:45 AM] While the delisting didn't concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price.
Binance proof-of-reserves removed from the auditor's site
[Dec 16, 2022 5:08 AM] Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed the audits from its site.
CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behavior
[Dec 15, 2022 10:31 PM] Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.
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…
Binance net withdrawals topped $3.6B over the last 7 days: Report
[Dec 13, 2022 3:15 PM] The sudden uptick in outflows may have been caused by market makers leaving the exchange.
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
[Dec 13, 2022 12:30 PM] Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been…
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
Abnormal token price movements on Binance not hack-related, confirms CZ
[Dec 11, 2022 4:50 AM] On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue.
Binance suspends trader's account after complaints on Twitter
[Dec 10, 2022 12:49 PM] Binance CEO Changpeng Zhao said the firm doesn't want to service "unreasonable" clients.
CZ and SBF duke it out on Twitter over failed FTX/Binance deal
[Dec 9, 2022 9:37 AM] The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
This Crypto Exchange Terminates Half Of Its Employees Amid Bear Market
[Dec 5, 2022 4:49 PM] The crypto world has had its fair share of drama as the bear market bites down on the entire landscape. In addition, global inflation has also caused most companies to resize their organizational structure. Crypto businesses are now planning for…
Calls for regulation get louder as FTX contagion continues to spread
[Nov 28, 2022 9:05 PM] The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever.
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
Binance proof-of-reserves is 'pointless without liabilities': Kraken CEO
[Nov 25, 2022 11:11 PM] According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets.
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
[Nov 25, 2022 11:30 AM] On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the…
Binance publishes official Merkle Tree-based proof-of-reserves
[Nov 25, 2022 7:54 AM] Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency.
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
[Nov 25, 2022 6:30 AM] Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery…
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…
Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed
[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…
'I knew he was desperate' — Binance CEO CZ opens up on SBF relationship
[Nov 17, 2022 8:45 AM] Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire.
FTX collapse is Trust Wallet Token’s gain — Why did TWT price soar 150% in six days?
[Nov 15, 2022 6:05 AM] An exodus from centralized cryptocurrency exchanges after FTX’s collapse appears to be the primary reason behind Trust Wallet Token’s massive rally.
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
Vitalik Buterin calls out FTX for virtue signaling: 'deserves what it's getting'
[Nov 13, 2022 2:50 AM] While acknowledging the damage caused by FTX, Buterin believes that FTX CEO Sam Bankman-Fried, as a person, deserves love.
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
[Nov 12, 2022 9:00 AM] On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The…
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
[Nov 12, 2022 5:18 AM] With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.