Binance to sell off all of its FTX Token holdings
Binance CEO Changpeng Zhao cited “recent revelations” as the basis for the liquidation, stating the sale of FTX tokens might take months. Changpeng “CZ” Zhao, the CEO of cryptocurrency exchange Binance, announced that his company would liquidate all of its holdings in FTX Token, the native token of rival exchange FTX. Zhao stated that the […]
Binance CEO claims CBDCs pose no threat to crypto
Changpeng “CZ” Zhao, CEO of Binance, believes CBDCs and crypto aren’t a threat to his company or the sector and there is a space for both. Changpeng “CZ” Zhao, the CEO of Binance, appears to have changed his mind about central bank digital currencies (CBDCs), saying during a conference that he doesn’t believe they pose […]
Binance Will Assist Elon Musk With Crypto Payments On Twitter
Top exchange Binance said it is now exploring blockchain integration on the platform, in a potential sign of introducing crypto payments. In a possible precursor to accepting cryptocurrency payments, Binance stated it is currently investigating blockchain integration on the site. The crypto exchange announced that it is currently looking into integrating cryptocurrencies on the platform […]
NYSE Delists Twitter Shares Following Elon Musk Purchase
Elon Musk formally acquired the social media company Twitter in a deal that resulted in a legal dispute and some immediate firings. Elon Musk paid $54.2 per share to acquire the social media site, putting the deal’s overall worth to just under $44 billion.As part of the agreement, Musk is also taking the business private, […]
Kazakhstan to Integrate its CBDC on BNB Chain
Changpeng Zhao, the CEO of Binance, said that the National Bank of the Republic of Kazakhstan will add its central bank digital currency (CBDC) to BNB Chain. The company has been doing more business in the Central Asian country recently. Local regulator AIFC Financial Services Authority (AFSA) gave it permission to run a platform for […]