
Tron Founder Justin Sun Speaks Highly of Binance’s Changpeng Zhao in Latest Comment
According to Sun, Changpeng Zhao proved to him for several years that “users should always be placed at the top of all interest distributions.”
According to Sun, Changpeng Zhao proved to him for several years that “users should always be placed at the top of all interest distributions.”
Both currencies remain in the down zone on the daily chart, registering 2.6% and 9.34% declines respectively.
As part of the settlement with Binance, FinCEN will impose a five-year monitorship program on the company’s order books despite the fact that the exchange agreed to completely exit the US market.
Zhao’s woes and those that are related to his exchange have been largely a result of the ongoing lawsuits against them.
SEC suggests that Binance.US may have fraudulently amplified its trading volumes, sometimes trading with itself, to appear very active in the markets.
While Bloomberg says the Binance head is worth $28.2 billion, Forbes says Zhao’s net worth as of April 27 is $10.5 billion.
Now, CFTC is seeking a permanent trading and registration ban on Binance because the exchange supposedly lacks control over possible illicit transactions.
Leading exchange Binance was recently crowned winner among exchange performances for 2022 after dominating the crypto space.
Binance CEO said that his company aims to remain a pure Web 3 company and would not just take bets for the sake of it. Binance is also eyeing some potential acquisitions in this bear market.
For MicroStrategy, Bitcoin is still the top digital currency, despite the downturn in market trends and volatility. And according to Binance CEO, there is common sense in such a position and Bitcoin-related decisions made by Michael Saylor.
Using the €100m Investment, Binance will set up an early-stage startup support program in Station F.
However, Changpeng Zhao warned that some Defi projects will not last long and possibly never recover from the bubble.
Cryptocurrency exchange Binance is going to launch Alpha Finance Lab (ALPHA) on the Binance Launchpad as well as on its Launchpool platform. ALPHA lottery-styled token sale commenced on September 30.
DeFi-based projects are continuing to surge and their total value locked has reached about $11 billion. Therefore, Binance, the world’s leading crypto exchange, has decided to adjust its business model to tag with the DeFi ecosystem.
After claiming CoinMarketCap would be independent after the acquisition, Binance CEO CZ went to Twitter to ask what the community would like to see improved, added, or removed from the site.