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Binance's former CEO could be the richest US prison inmate ever if sentenced with his $43 billion fortune

Binance founder Changpeng Zhao has a $43 billion fortune, Bloomberg estimated, nearly double Sam Ba…

Jennifer Sor   


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The CEO of Binance says he hopes the exchange's stake in Forbes will push media companies toward adopting crypto and possibly decentralize the industry

"By investing in traditional businesses and helping them to integrate with crypto, it's an interest…

Isabelle Lee   


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1 min read

Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cry…

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Crypto exchange Binance invests $200 million in Forbes ahead of the magazine's SPAC merger plans

The investment comes ahead of the magazine's SPAC merger later this quarter and will make Binance o…

Isabelle Lee   


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7 mins read

Seven more crypto billionaires have emerged this year

The Forbes crypto billionaire’s list has expanded by 58% featuring a total of 19 individuals. Newco…

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6 mins read

Binance 'could be in big trouble' as the CFTC lawsuit alleges the crypto behemoth dodged regulators and breached laws

Binance is facing a fresh wave of scrutiny with the CFTC suing the exchange and its founder this we…

Zahra Tayeb   


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Binance used customer funds for its own purposes in a move similar to FTX scandal: report

Binance's transfer of customer assets may not be illegal in the largely unregulated crypto market, …

Morgan Chittum   


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3 mins read

Binance isn’t leaving Singapore, it’s just not setting up a crypto exchange

Binance, the crypto firm that has investments in some of the largest crypto exchanges in the world …

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Binance boss CZ is reportedly worth $96 billion, rivaling Mark Zuckerberg — and that's without counting his personal crypto holdings

Changpeng Zhao is by far the richest person in crypto, according to the Bloomberg Billionaires Inde…

Harry Robertson   


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1 min read

Binance's CEO, who pledged $500 million to Elon Musk's Twitter takeover, said 'free speech is very hard to define'

CEO Changpeng Zhao made the remark after Bloomberg asked about Binance's lawsuit against Forbes, wh…

Katie Canales   


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Hackers and criminals have laundered over $2 billion through crypto exchange Binance since 2017, report says

Binance processed billions in illicit transactions since 2017, according to a report from Reuters. …

Brian Evans   


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Weilun Soon   


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Binance customers have pulled a staggering $12 billion from the crypto exchange in just 2 months, report says

CEO Changpeng Zhao has previously downplayed high levels of withdrawals since FTX's collapse as "bu…

George Glover   


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Binance is on the hunt for a CEO with regulatory and compliance skills, but Changpeng Zhao says he's not being replaced any time soon

Zhao said Binance is seeking a new CEO with a strong regulatory background, and he's open to steppi…

Shalini Nagarajan,Camomile Sh…   


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Morgan Chittum   


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Binance CEO files defamation suit against Bloomberg's Hong Kong publisher following 'Ponzi scheme' headline

Zhao also filed a motion of discovery against Bloomberg LP and Bloomberg Inc., claiming the English…

Jennifer Sor   


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Crypto derivatives are 'misunderstood' and have made markets more efficient, says crypto billionaire Sam Bankman-Fried

The FTX CEO emphasized the need for crypto to embrace regulation, a sentiment he also expressed in …

Ethan Wu   


Morgan Chittum   


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3 mins read

The crypto market lost $460 billion in a single day — the China domino effect rolls on

Well, the reasons are many. Miners are an integral part of the crypto industry. They …

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Meet the world's richest self-made woman — a shipping magnate worth $33 billion

Rafaela Aponte-Diamant cofounded MSC, one of the world's largest shipping companies. Forbes estimat…

George Glover