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Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse

"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…

Carla Mozée   


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China wants India to treat Chinese companies fairly as Xiaomi claims ED threatened its executives of physical violence

Earlier this month, the ED had said that it had seized ₹5,551.27 crore from Xiaomi India for all…

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4 mins read

Binance and some crypto-friendly VC funds are rushing to join Musk’s bid for Twitter

Both Sequoia and AH are known supporters of the web3 ecosystem that includes cryptocurrencies.…

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1 min read

Binance restarts dogecoin withdrawals following technical glitch and CEO's skirmish with Elon Musk

"Sounds shady," Elon Musk said about Binance's issues surrounding dogecoin. The crypto exchange had…

Carla Mozée   


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1 min read

Binance is in talks with several sovereign wealth funds about taking a stake in the crypto exchange, report says

Binance chief executive "CZ" told the FT on Tuesday the company is in talks with several sovereign …

Camomile Shumba   


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1 min read

Binance CEO says the crypto exchange seized $5.8 million from a North Korean network behind a recent $620 million Axie Infinity hack

"The DPRK hacking group started to move their Axie Infinity stolen funds today," said Binance CEO C…

Carla Mozée   


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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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1 min read

Binance CEO says it's 'unethical' to block all Russians from accessing its crypto exchange

"Whoever is on the sanctions list, they won't be able to use our platform. For whoever is not, they…

Carla Mozée   


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3 mins read

Binance's grand crypto ambitions include launching its US IPO by 2024 even as it battles mounting regulatory scrutiny

Unlike other countries, users in the US can only access the Binance.US platform, though it is…

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2 mins read

The SEC is reportedly probing trading affiliates of Binance's US arm, with focus on firms with ties to Binance founder Changpeng Zhao

One area of focus in the SEC's probe is how the US arm of the crypto exchange disclosed to customer…

Carla Mozée   


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1 min read

Binance CEO Changpeng Zhao says 100% of customer assets are fully backed one-to-one, and all withdrawals will be covered: 'We will not have an issue'

Binance CEO Changpeng Zhao said Thursday that users will have no issue withdrawing funds, and toute…

Brian Evans   


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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

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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Morgan Chittum   


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Binance CEO Changpeng Zhao beats Mukesh Ambani to become Asia's richest person

Zhao's projected fortune now is just below that of Oracle founder Larry Ellison and surpasses …

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1 min read

Binance sees $3.6 billion in outflows in a week as customers pull funds from the exchange - but CEO Changpeng Zhao says its 'business as usual'

CZ's crypto exchange has seen billions of dollars in outflows over the last several days as the col…

Phil Rosen   


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1 min read

Binance is on track for its 1st Gulf-region expansion after getting regulatory approval in Bahrain

Bahrain's central bank is poised to become the first regulator in the Middle East-North Africa regi…

Isabelle Lee   


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Binance revives plans for a UK launch after winning over the financial regulators that banned it

Binance's relations with the FCA have improved ever since its UK-based marketplace was banned from …

Shalini Nagarajan   


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Binance CEO Changpeng Zhao says Sam Bankman-Fried 'lied to his users, his shareholders, regulators' and should get most of the blame for FTX's collapse

"I think Sam lied to his employees, his users, his shareholders, regulators all around the world an…

Brian Evans