Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
The house that CZ built will now be helmed by its Head of Regional Markets as the U.S. Department of Justice has barred the former CEO from his position. Go to Source
Month: November 2023
Court unseals indictments against Binance and CZ, detailing expected guilty pleas
The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21. Go to Source
BNB price rallies on news of DOJ-Binance settlement
The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90 Go to Source
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams. Go to Source
Breaking: Binance’s CZ pleads guilty to violating anti-money laundering requirements—WSJ
Changpeng Zhao plans to plead guilty to violating U.S. anti-money laundering requirements and will reportedly step down as the CEO of the Binance crypto exchange. Go to Source
Spot Bitcoin ETF: Why this time is different
The latest Cointelegraph Report explains everything you need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry. Go to Source
Microsoft, Salesforce, and Nvidia swoop in to hire OpenAI employees as walkout threats increase
OpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co-founder Sam Altman. Go to Source
Navigating the crypto frontier: Pioneers’ insights for new Web3 professionals
The crypto and blockchain industry still offers unlimited possibilities if you come in with your eyes open. Go to Source
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official. Go to Source
BTC price returns key profit mark to Bitcoin exchange users at $34.7K
Bitcoin is busy setting records for various investor cohorts as BTC price strength keeps a longer-term recovery in place. Go to Source