Binance CEO reveals one key factor for token listings
The number of users plays a critical role for a token to get listed on Binance, Changpeng Zhao said in an interview. Go to Source Powered by WPeMatico
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Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe
The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to … Read more
Elon Musk Calls Binance’s Dogecoin Problem ‘Shady’ — Says He’s Raising the Issue on Behalf of Other DOGE Holders
Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Musk calls the situation “shady,” adding that “DOGE holders using Binance should be protected from errors that are not their fault.” Both Binance CEO Changpeng Zhao and the official Twitter account for the crypto exchange responded. Elon Musk … Read more
CZ reveals how many users left Binance after mandatory KYC
Binance CEO Changpeng Zhao shed new light on the exchange’s compliance roadmap and its users’ take on KYC so far. Go to Source Powered by WPeMatico
Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it
Here’s how options traders would play the “very high volatility” that Binance founder Changpeng Zhao suggested will impact the crypto market over “the next few months”. Go to Source Powered by WPeMatico
Globetrotting Binance looks to Ireland for ‘centralized’ headquarters
Binance established three subsidiaries in Ireland during September and the globe trotting exchange may be settling down. Go to Source Powered by WPeMatico
$100M funding round for Binance.us falls through on regulatory concerns
Despite a failed $100 million funding round leading to the resignation of Binance.us CEO, Brian Brooks, the exchange still has its sights set on launching an IPO. Go to Source Powered by WPeMatico
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman Islands, Hong Kong, Thailand, Germany, and Lithuania. CEO of Binance US Resigns The CEO … Read more
Crypto Exchange Binance Plans to Be Regulated Financial Institution, Seeks CEO With Strong Compliance Background
Binance CEO Changpeng Zhao (CZ) says that his company wants “to be licensed everywhere” and “From now on, we’re going to be a financial institution.” Following warnings by a growing list of regulators worldwide, Zhao also revealed that Binance is seeking “a strong compliance background CEO to show our commitment to compliance as this is … Read more
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x … Read more
