Binance

The crypto world was rocked when Changpeng Zhao, the enigmatic founder and CEO of Binance (CRYPTO: BNB), the world’s largest cryptocurrency exchange, was sentenced to four months in prison for his role in failing to establish an effective anti-money laundering (AML) program at the...

Former Binance CEO Changpeng Zhao on Wednesday expressed gratitude towards his supporters following his sentencing for anti-money laundering violations. What Happened: In a statement shared on the social platform X, Zhao thanked his supporters, saying, “I would like to thank everyone for your...

Former Binance CEO Changpeng Zhao was sentenced Tuesday to four months in prison for his role in failing to establish an effective anti-money laundering (AML) program at the cryptocurrency exchange. Judge Richard Jones of the U.S. District Court for the Western District of Washington delivered the...

Changpeng Zhao, the founder and former CEO of Binance (CRYPTO: BNB), is facing a potential prison sentence of three years after the U.S. Department of Justice (DOJ) argued for his incarceration in a recent sentencing memo. DOJ Seeks Imprisonment, Citing National Security Concerns The DOJ is pushing...

In a recent development, Nadeem Anjarwalla, a high-ranking executive at Binance who had previously absconded from Nigerian custody, has been located in Kenya. Local media reports suggest that he is now facing extradition. What Happened: Anjarwalla, an executive at Binance, was found in Kenya by...

The bail hearing of Binance executive Tigran Gambaryan, who faces money laundering charges in Nigeria, has been delayed yet again. What Happened: Gambaryan, a U.S. national, was scheduled to apply for conditional release Thursday next week, DL News reported. However, due to administrative errors,...

Changpeng Zhao, the former CEO of Binance, recently clarified that Bitcoin (CRYPTO: BTC) halving is not akin to a stock split, emphasizing the nascent stage of cryptocurrency understanding. What Happened: On Friday, Changpeng Zhao took to X, formerly Twitter, to address a question about Bitcoin...

In the wake of co-founder Changpeng Zhao’s departure, Binance, the world’s leading cryptocurrency exchange, has secured a pivotal regulatory license in Dubai. What Happened: Binance was awarded its Virtual Asset Service Provider (VASP) license after Zhao gave up his voting power in...

Crypto exchange Binance is on the brink of re-entering the Indian market after a hiatus enforced by regulatory issues. What Happened: Having faced a ban in January, the exchange is now preparing to operate again by settling a $2 million penalty, according to insiders familiar with the situation,...

In a significant move, Binance, the world’s leading cryptocurrency exchange, has made a strategic shift in the composition of its emergency fund, opting for the stability of a stablecoin amid a dynamic market landscape. What Happened: Binance has transformed its user emergency fund entirely...

The cryptocurrency market is bracing for a potential storm as Bitcoin‘s (CRYPTO: BTC) price hovers around $50,500. A leading analyst has warned that if the price falls to this level, it could trigger over $15 billion in liquidations on Binance (BNB). What Happened: Cryptocurrency analyst Ali...

A major Ethereum (CRYPTO: ETH) investor reportedly lost over $4.5 million in two failed attempts to leverage the cryptocurrency. The investor then sold $33 million worth of ETH to settle the debt. What Happened: According to the Lookonchain report, the whale initially lost $500,000 while trying to...

Bittensor‘s (CRYPTO: TAO) token is capturing significant attention in the cryptocurrency sphere, driven by its innovative approach to decentralized artificial intelligence (AI). What Happened: Binance and Crypto.com have announced the inclusion of the TAO token on their platforms, a move...

Binance, the world’s largest cryptocurrency exchange by trading volume, is making a concerted effort to shed its past reputation and embrace regulatory compliance. What Happened: Speaking at the Paris Blockchain Week on Tuesday, Binance CEO Richard Teng reflected on the company’s...

In the wake of a $4.3 billion settlement with the U.S. Department of Justice (DOJ), Binance‘s recently appointed CEO, Richard Teng, has declared the company’s evolution past its previous cultural issues. What Happened: Previously, the DOJ had criticized Binance for its “act first...