Binance launches NFT collection with Cristiano Ronaldo ahead of World Cup in Qatar

    Binance is issuing the first in a series of Ronaldo-themed NFT drops for Nov. 18, despite its previous criticism of celebrity endorsement of crypto companies. Binance said it chose celebrities that were known for their honesty and independence. Binance, the world’s biggest crypto exchange, is back in the headlines again. After the signing of a…

    Binance to launch a recovery fund for crypto projects facing a liquidity crisis

    Binance’s CEO Changpeng Zhao said that Binance would launch the fund to help projects “who are otherwise strong, but in a liquidity crisis,” welcoming investors to contribute to the fund and qualifying projects to apply. Tron founder Justin Sun said that Tron, Huobi Global, and Poloniex will support the initiative. Binance plans to launch a…

    US regulators investigating FTX structure and client funds’ handling

    US financial regulators are investigating whether embattled crypto exchange FTX properly handled customer funds and its relationship with other parts of the business empire of Sam Bankman-Fried, Bloomberg sources reported. The SEC also scrutinizes Binance’s move to buy FTX. The investigations by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission…

    Crypto market plummets below $1 trillion overnight, following FTX troubles

    The price of Bitcoin and Ethereum has fallen in the last 24 hours, with the total crypto market cap now sitting at $914 billion, a 10.6% drop in the past 24 hours. The surprise FTX acquisition claim by Binance has sparked a significant overnight drop for Bitcoin and Ethereum. Ethereum’s price now sits at around…

    Binance CEO could join the Twitter board if Musk asks

    Changpeng Zhao, CEO of the world’s largest crypto exchange Binance, says he’d be willing to join Twitter’s board of directors if invited by its new owner Elon Musk. Zhao says Musk has “lots of things to change,” including firing Twitter employees. While speaking at Web Summit 2022 in Lisbon, Portugal, Changpeng “CZ” Zhao said that…

    Binance helped Elon Musk buy Twitter and is creating a team to beat Twitter bots

    Crypto exchange Binance has confirmed its role as an equity investor in Elon Musk’s acquisition of Twitter. The exchange also told Decrypt it is creating an internal team to help Twitter fight bot accounts using blockchain and crypto technology. The world’s largest crypto exchange revealed it has invested $500 million as one of the equity…