BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’
Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. Go to Source
Binance
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Did Binance’s CZ predict his own downfall?
An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth. Go to Source
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. Go to Source
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down. Go to Source
CZ departure, Binance deal lead to purge of $175M of crypto longs
Data aggregator DefiLlama showed that Binance’s crypto asset inflows in the last 24 hours have fallen by over $1 billion. Go to Source
CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’
Former Binance CEO CZ sent a letter to employees after he stepped down, assuring employees the company would be fine, and quoting a famous Star Trek line as he closed. Go to Source
Binance settles with U.S. government: Timeline of US enforcement actions
U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange. Go to Source
Crypto markets mixed as traders digest DOJ action against Binance, CZ
Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance. Go to Source
Binance CEO Announces Resignation And Pleads Guilty To Criminal Charges
Changpeng Zhao, the CEO of Binance, has decided to step down from his role and admit guilt to criminal charges. This move comes as part of a settlement with the US government, which has leveled three specific charges against Binance: conspiracy, violation of the International Emergency Economic Powers Act, and operating an unlicensed money-transmitting business. … Read more
Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO
Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct. Go to Source