Binance Founder Receives Family Support Amidst Prison Term Challenges
Family members, including CZ’s wife, children studying in the US, and his sister, a former Morgan Stanley executive, offer support as CZ faces an impending prison sentence. CZ (Changpeng Zhao), the founder of Binance, has received familial support in light of his impending prison sentence. Among the 161 letters of support for CZ, according to […]
Binance Faces Class-action Lawsuit in Canada
Plaintiffs have filed a new class-action lawsuit against cryptocurrency exchange Binance in Canada, alleging that the company has violated local securities laws. On April 19, the Superior Court of Justice of Ontario issued a certification motion concerning a class-action lawsuit targeting Binance. The lawsuit charges Binance engaged in the unregistered sale of crypto derivative products […]
Nigerian Court Adjourns Binance Tax Evasion Trial
The Nigerian court has postponed the tax evasion trial involving Binance and its executives to May 17 due to the exchange not being formally served with charges. The tax evasion prosecution involving cryptocurrency exchange Binance and two of its executives has been postponed until May 17 in a Nigerian court. This postponement was because the […]
Binance Launches Airdrops And Web3 Quest Platform Megadrop
Binance has announced its next major leap in the crypto industry, launching airdrops and Web3 quest platform Megadrop. Binance, the largest cryptocurrency exchange in the world, announced its next significant move in the industry on Thursday: the launch of airdrops and the Web3 quest platform Megadrop. In addition, BounceBit (BB), a chain that stashes BTC, […]
Bybit, Binance and OKX Volume Triples Since Late 2023
Bybit data indicates that centralized exchanges (CEXs) growth has not surpassed decentralized exchanges (DEXs), with Uniswap v3’s volumes rising by 320%. Since late last year, trading volumes on global centralized cryptocurrency exchanges (CEXs) such as Binance have increased substantially, according to a new report. From October 2023 to March 2024, numerous CEXs at least tripled […]