Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […]
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Changpeng Zhao, founder and former CEO of Binance, has pushed back against a recent Wall Street Journal (WSJ) article that claims he is acting as a “fixer” for World Liberty Financial (WLFI), a DeFi venture linked to the Donald Trump family. The WSJ report alleged that Zhao facilitated international introductions for WLFI, including engagements in […]
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Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw back funds and blame Binance and its former CEO, Changpeng Zhao, for contributing to its collapse. However, Binance has rejected these claims, calling them speculative […]
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Changpeng Zhao submitted the request weeks ago, citing media reports and after pardons other influential figures in the crypto space were pardoned.
Changpeng Zhao, the founder of Binance, has confirmed that his legal team has submitted a formal request for a presidential pardon from the US government. In a May 5 podcast interview with Farokh Sarmad of Rug Radio, Zhao stated that the decision followed increased media speculation about his potential pursuit of clemency. According to him: […]
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World Liberty Financial (WLFI), the crypto project backed by the Donald Trump family, is accelerating its international expansion plans amid meetings with industry expert Changpeng Zhao, the founder and former CEO of Binance. On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Hero held a high-profile meeting with Zhao in Abu Dhabi. According […]
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Changpeng Zhao has dismissed a Wall Street Journal (WSJ) report suggesting he is discussing an investment deal with the family of US President Donald Trump in Binance.US, the American division of the global Binance crypto exchange. On March 13, Zhao took to X to refute the claims, calling the article an attempt to undermine both […]
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A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump’s proposed Strategic Bitcoin Reserve. Related Reading: 10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst Bitcoin Reserve Bill The proposal to create a US Strategic Bitcoin Reserve is gaining momentum as several US states passed legislation that seeks to establish a localized version of a BTC reserve and build their crypto portfolio. Satoshi Action Fund posted on its X account that Montana’s proposed House Bill No. 420 which seeks to create a localized Bitcoin reserve has been passed. “Strategic Bitcoin Reserve legislation in Montana passes out of committee and moves onto a House floor vote,” Satoshi Action Fund said. Representative Curtis Schomer sponsored the BTC-related bill. “Montana becomes the 4th state to pass SBR out of committee. Utah, Oklahoma, Arizona, and Montana,” Dennis Porter, CEO and Co-Founder at Satoshi Action Fund, noted on his social media post. ‘No Escape’ With this development, CZ posted his thoughts on the Montana legislation, implying that Bitcoin has become an unavoidable reality while saying, “There is no other choice.” countries or individuals. There is no escape… It’s like, you can’t not use the internet (or money). ????♂️ — CZ ???? BNB (@cz_binance) February 19, 2025 “You can buy bitcoins after the US government is done buying, or before,” CZ said in a post, indicating that buying the firstborn cryptocurrency is inescapable and that it is no longer a debate whether to buy or not but rather when investors should make a purchase. A crypto trader agrees with CZ’s opinion that no one can avoid BTC. “Front-run the biggest buyer in history, or wait until there’s nothing left. The choice isn’t if—it’s when.” The trader added that those late in adopting BTC will have to pay the premium for not making the move earlier. “Countries or individuals. There is no escape… It’s like, you can’t not use the internet (or money),” CZ replies to a crypto streamer who said that other countries are also thinking in the same way Montana did in creating a Bitcoin reserve. BNB Donation In a separate post, CZ emphasized the significance of crypto donations to help other individuals during disasters. The ex-Binance executive shared that his previous donation was returned to him with additional crypto, describing it as something unexpected. Earlier, CZ gave away 150 BNB worth $100,000 to crypto investors who lost their money in a pump-and-dump scheme related to the LIBRA coin, a digital asset that was briefly promoted by Argentina’s president, Javier Milei. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals CZ said that he sent the BNB to a university student, who added $50,000 of his own money to aid the victims. He believes that the student might have earned decent profits on BNB and decided to return the crypto to CZ with a bigger value. Featured image from Finans, chart from TradingView
Changpeng Zhao (CZ), the former Binance CEO, is under scrutiny following the emergence of multiple memecoins named after his dog, Broccoli. On Feb. 13, Zhao revealed his Belgian Malinois dog’s name and photo after multiple requests from community members. While Zhao assured that he would not launch a Broccoli-themed token himself, he hinted at trading […]
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Binance founder Changpeng Zhao, also known as “CZ,” has taken the crypto market by storm after sharing his dog’s name and picture. The announcement sparked the launch of multiple tokens inspired by the pet and was further fueled by BNB Chain’s memecoin launchpad’s name-guessing contest. Related Reading: BNB Flips Solana’s Market Cap Amid Market Retrace – Breakout To $700 Coming? CZ Sparks Memecoin Frenzy On Wednesday, Changpeng Zhao acknowledged the cycle’s memecoin frenzy after an X user asked if he had a dog. The Binance founder revealed he had “not a Shiba Inu, but a Belgian Malinois,” which resulted in the crypto community asking for the name and picture of his dog. CZ inquired about how it would work if he shared the information, asking if people would create memecoins based on the dog, how investors would know which one is the “official” token, and if it even mattered. He joked he would mull whether to “respect his privacy, or dox the dog for the cause,” sparking massive speculation about an official memecoin launch. On Thursday, CZ shared on X that he would officially share his dog’s picture and name at 8:00 PM Dubai time, or 4:00 PM UTC, sending investors into a frenzy over the upcoming post. Community members launched several tokens with the possible names of CZ’s four-legged companion, some reaching up to $60 million in market capitalization. Arkham noted that the two frontrunner tokens on the BNB chain, BROWNIE, and PERRY, significantly surged on Thursday morning. Remarkably, an investor made over $1 million with less than a $12,000 initial in 12 hours. Four.Meme Kicks-Off Token Event BNB Chain’s token launchpad, Four.Meme joined the frenzy, announcing a “CZ Dog Name Meme Token Betting Event.” According to the X post, the tokens with the same then-unknown name of CZ’s dog would be part of a competition. The tokens created today before 4:00 PM UTC would be eligible to participate and “become the next big meme.” The announcement detailed: 30 minutes after CZ’s post, the highest market cap token on Four.Meme wins! The winner’s token will have its tokens in LP revenue regularly burned by Four.Meme! At 4:12 UTC, the Binance founder shared a picture with his dog, Broccoli. The dog was named after the vegetable because he wanted “a name that started with B and has some green in it.” CZ wrote that he and Broccoli bonded over their difficulty socializing, adding that the dog helped him get a “good break” from the “intense negotiations with the DOJ back then.” He also stated that he never imagined his pet would be part of the blockchain ecosystem, adding that there’s “never a dull day in crypto.” Broccoli Immortalized In The Blockchain CZ clarified that he was “just posting” his dog’s pictures and name and not issuing a memecoin himself. He considered it was up to the community whether to launch a token. The BNB foundation “may provide rewards for the top memes on the BNB Chain, giving LP support or other rewards,” but the details are still being discussed. After the “Pet reveal,” the tokens guessing Broccoli’s name plummeted, with the leading memecoin falling from a $22 million market cap to less than $1 million in less than a minute. Related Reading: Bitcoin Finds Price Stability: Reclaiming $101,000 Depends On This Level Meanwhile, the creation of memecoins inspired by CZ pet’s real name spiked, with several BNB Chain and Solana-based tokens flooding DexScreener’s feed. At the time of writing, CZ’s Dog (BROCCOLI), launched a minute after Zhao’s post, has become the largest gainer. The memecoin reached a $300 million market capitalization minutes after being created and is currently trading at $0.0745, with a $75 million market cap. The winning token of the Four.Meme contest is yet to be announced. Featured Image from Unsplash.com, Chart from TradingView.com
The newly launched crypto task force could help " facilitate the potential resolution of this case," the court filing said.
YZI Labs, the rebranded Binance Labs, led a $16 million funding round into token airdrop startup Sign.
Binance Labs has officially rebranded as YZi Labs and expanded its investment scope to include artificial intelligence (AI) and biotechnology, according to a Jan. 23 statement shared with CryptoSlate. YZi Labs aims to foster groundbreaking projects in Web3, AI, and biotech while identifying potential synergies across these sectors. The firm hopes to drive meaningful innovation […]
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The former venture capital arm of Binance will become the family office of CZ and Binance co-founder Yi He, Bloomberg reported.
The former venture capital arm of Binance will become the family office of CZ and Binance co-founder YI He, Bloomberg reported.
Malaysia is reportedly exploring cryptocurrency regulations after its prime minister held discussions with Abu Dhabi leaders and Binance founder Changpeng Zhao.
The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.
Binance Labs has announced a major rebranding initiative alongside an expanded investment strategy for the coming year. In a Dec. 31 statement, the company stated that its investments over the past year were equally split between infrastructure and application-focused initiatives. It supported projects across DeFi, AI, the Bitcoin ecosystem, gaming, and emerging technologies like restaking […]
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The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
The former Binance CEO said that the Chinese government's lack of transparency overall made it difficult to predict any crypto policies.
In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.”
The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities.
Former Binance CEO Changpeng Zhao has hinted at his willingness to receive a pardon from President-elect Donald Trump. In a Dec. 2 post on X, Zhao said that while he has no plans to return as Binance’s CEO, he would welcome such a gesture from the President. He stated: “No wish to be CEO again. […]
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Binance founder Changpeng Zhao has shared concerns over the growing hype surrounding memecoins while urging to develop more utility-driven tokens. In a Nov. 26 post on X (formerly Twitter), Zhao acknowledged the popularity of memes but expressed unease over their current direction, describing them as “a little weird.” According to him, most memecoins lack real-world […]
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Changpeng Zhao urges the crypto world to prioritize real blockchain solutions over memecoins, highlighting the shift in market dynamics.
The social media account of a well-known educational platform was reportedly targeted in a cyberattack, leading to its unauthorized compromise. Related Reading: Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval Giggle Academy founder Changpeng Zhao told followers of Giggle Academy to be cautious in dealing with their X account, confirming that their […]
The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor. The $1.8 billion legal action follows another 23 lawsuits filed last Friday to claw back part of the ill-spent funds. Related Reading: Cardano Founder Reveals […]
Reports disclosed that a former CEO of the world’s biggest crypto exchange increased his wealth by a massive amount in one day. This growth is attributed by analysts to the latest results of the US elections, which allowed Donald Trump to reclaim the US presidency. Related Reading: FTX Co-Founder Gary Wang Begs Judge For Freedom: […]
Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission’s (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao’s legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security. […]
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