Tag: CZ

Recently announced, Binance’s Proof-of-Reserves system met criticism from Kraken’s CEO Jesse Powell. Soon, Binance CEO responded on Twitter to Powell’s remarks. Last week, Binance published its Proof-of-Reserves (PoS) system for the company’s Bitcoin (BTC) holdings. The new system initially works with the crypto exchange’s BTC holdings but will later be expanded to include other tokens…

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…

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…

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…

Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…

Binance, the world’s largest crypto exchange by trading volume, said Wednesday it would remove Bitcoin trading fees for its 13 trading pairs: BTC/AUD, BTC/BIDR, BTC/BRL, BTC/BUSD, BTC/EUR, BTC/GBP, BTC/RUB, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDP, and BTC/USDT. Binance Founder and CEO Changpeng “CZ” Zhao said in a statement: “In line with our user-first philosophy, Binance has…