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Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips

Binance founder Changpeng Zhao, known as "CZ," said he wasn't initially recognized in prison — but …

Geoff Weiss   


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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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3 mins read

The world's largest crypto exchange is having a hard time convincing regulators with multiple bans piling up

While developing countries are thinking of adopting Bitcoin as a legal tender, following El Salv…

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The SEC is suing Binance and CEO Changpeng Zhao for violating securities regulation

The world's largest crypto exchange is being sued by the SEC for operating an illegal exchange in t…

Max Adams   


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4 mins read

The CFTC's suit against Binance marks a deepening crackdown on the crypto industry

Insider's Phil Rosen breaks down the latest regulatory action to hit the crypto industry and celebr…

Phil Rosen   


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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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1 min read

XRP surges 10% on speculation the CFTC's Binance suit could impact the token developer's monumental SEC case

A win against the agency would be a big victory for Ripple, and would also offer some further clari…

Morgan Chittum   


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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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Elon Musk's $44 billion Twitter deal is in jeopardy, says report

According to The Washington Post, Musk's deal to buy the platform is "in peril" -- based on three a…

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Former Binance employees and investors say the CEO has more control of the decentralized company than he lets on: 'He's the holding company'

Binance is part of a movement emphasizing the lack of a central authority, but former employees tol…

Katie Canales   


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1 min read

The legal debate on whether cryptocurrencies are subject to SEC rules just got more complicated

US District Judge Jed Rakoff wrote that the Securities and Exchange Commission has plausible reason…

Filip De Mott   


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1 min read

Binance's native token is hovering near 5-month lows and has shed 52% in 2022

Binance's BNB token has plunged, suggesting faltering confidence in the world's largest crypto exch…

Phil Rosen   


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Binance hires the accounting firm that disavowed Donald Trump's financials to verify its crypto reserves

Earlier this year, Mazars USA said it no longer stands by 10 years of financial statements for Dona…

Brian Evans   


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Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds

Binance is facing questions over its reserves and reports of an imminent probe by US prosecutors, r…

George Glover   


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1 min read

Crypto exchange Binance is limiting services in Russia to comply with EU sanctions tied to Ukraine war

"We believe all other major exchanges must follow the same rules soon," said Binance CEO Changpeng …

Carla Mozée   


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4 mins read

All you need to know about crypto staking and why people are jumping on this bandwagon

Cryptocurrencies are increasingly moving to or using the proof-of-stake protocol for mining, and he…

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2 mins read

The US head of crypto exchange Binance left after just 3 months in his role

Brooks has said managing reputation and building trust with regulators were his biggest concerns in…

Shalini Nagarajan   


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1 min read

Crypto trading volume on Binance is reportedly soaring despite a market crackdown and regulatory pressure

Spot cryptocurrency trading volumes at Binance were $789 billion in September, a 74% surge from $45…

Carla Mozée   


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Top crypto exchange Binance cooked up a flawed plan to try to dodge a 'nuclear' crackdown by US watchdogs, report says

Any lawsuit from US regulators would be like "nuclear fall out" for Binance, an executive told coll…

Zahra Tayeb   


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Crypto exchange Binance plans to double the size of its global compliance team as regulators turn up the heat

CEO Zhao compared crypto adoption to the invention of the car industry to explain that laws and gui…

Shalini Nagarajan