Binance founder reveals the best approach to combat rising inflation rates
Changpeng CZ Zhao, the founder of Binance and a crypto millionaire, has recommended crypto as a means to combat inflation. Michael Saylor, a fellow billionaire, stepped in to say that Bitcoin is the ideal inflation hedge. Billionaires propose ways to fight crypto inflation In a tweet, the crypto millionaire said that inflation was an insurmountable […]
Binance partners with the Confederation of African Football (CAF) to sponsor the AFCON
Binance is really keen on its expansion globally with Africa not being an exception. In a bid to further develop crypto adoption in Africa, the crypto exchange has announced its sponsorship of the TotalEnergies Africa Cup of Nations (AFCON). The TotalEnergies Africa Cup of Nations (AFCON) tournament, Africa’s largest men’s football championship series, kicked off […]
Pakistan issues notice to Binance cryptocurrency exchange in a $100-mn scam investigation
During the investigation of an alleged cryptocurrency scam involving about $100 million, Pakistan’s Federal Investigation Agency (FIA) sent a notice to Binance, a cryptocurrency exchange. According to a statement from the FIA’s hacking department, the notice summoned Binance Pakistan’s general manager or growth analyst to come and explain the company’s viewpoint on the exchange’s linkage […]
UK regulators take action against Crypto.com amid global regulatory spikes
With regulatory activity picking up at the start of the year, the UK has banned two Crypto.com (CRO) adverts. Regulators across the world have had a busy start to the year. The Bank of England mentioned the need for a worldwide framework to oversee the crypto market late last year. Binance has pulled out of […]
Liquidity providing platform Woo Network raises $12M from funding led by Binance Labs
Binance labs lead a $12M Series A funding round for Woo Network, a decentralized finance (DeFi) providing liquidity to platforms such as DYdX, Matcha, ParaSwap, 1inch, and Dodo. Woo Network, which was founded by Kronos Research, a leader in quantitative trading , has received a $12 million strategic investment in a Series A+ funding round […]