Binance Theft Lawsuit Can Proceed In Federal Court, Appeals Panel Rules - Read the full analysis.
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.
Binance founder Changpeng Zhao said Satoshi Nakamoto's bitcoin should be frozen before quantum computers can steal it. Not everyone agrees.
Binance founder CZ says the exchange's EU MiCA application was close to approval before unnamed political forces weighed in.
There is no single cause for the crypto market's 50% decline over the past year, the Binance founder told CoinDesk.
The pardoned ex-CEO called prison a character-building "plus" as he's pursued a venture-capital career, despite his majority stake in the world's biggest crypto exchange.
The former CEO of the world's largest crypto exchange is seeking to redefine himself to the world on his own terms.
Binance founder CZ sparked a debate by suggesting a hard fork to freeze Satoshi's 1.1 million BTC over quantum computer risks, raising questions about Bitcoin's immutability.
Bitcoin fell to its lowest weekly close since the second half of 2024 last week, capping a stretch that has now stripped more than 8% of its value in seven days and pulled the broader crypto market to levels not seen since early in the year. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment A Pattern Worth Watching The weekly relative strength index is holding higher lows even as price prints lower ones — a divergence that last appeared in the lead-up to Bitcoin’s recovery from the 2022 bear market bottom. Whether that parallel plays out the same way remains to be seen, but it is the detail technical traders are watching most closely right now. On Monday, with Bitcoin trading below $62,000, Binance founder Changpeng Zhao, a.k.a. CZ, posted two lines on X. Bitcoin won’t be dead for too long, he wrote, signing off with a reference to the Douglas Adams line — don’t panic, in large friendly letters. The message was short, deliberate, and timed to land when sentiment was at its weakest. Bitcoin won’t be “dead” for too long. Don’t panic, in large friendly letters. — CZ ???? BNB (@cz_binance) June 9, 2026 Support Holds, For Now Bitcoin has so far bounced from the $60,000 level each time it has been tested in recent days. The next band of resistance sits between $65,000 and $66,200, with a heavier ceiling between $67,000 and $77,000 above that. According to analysts, a break below $60,000, while not seen as the most likely outcome in the near term given the oversold signals still unwinding, would open the door to the $53,000–$55,000 range. The rest of the market has fared worse. Ethereum is down nearly 14% over the past seven days, last trading around $1,640. XRP has shed 6% to sit at $1.13. Solana has given up 14% to trade near $64. Related Reading: XRP Being Suppressed? Researcher Reveals Why The Token Isn’t Soaring CZ’s Moment To Speak Zhao has one of the largest followings in the industry, and his Monday post arrived at a moment when retail sentiment across crypto forums and social platforms was running heavily negative. The market cap of the entire crypto sector has dropped to levels last seen in early 2026. The $60,000 support level remains the line most traders are watching in the days ahead. It has held so far, but each test of it draws more attention to what comes next if it doesn’t. Featured image from Unsplash, chart from TradingView
Binance founder Changpeng Zhao said crypto may be entering a new phase shaped by AI agents, tokenized real-world assets, stablecoin competition and a more favorable regulatory backdrop in the United States. Speaking on ARK Invest’s FYI podcast with Cathie Wood and Lorenzo Valente, CZ argued that the industry is moving faster than many traditional financial firms may be prepared for. CZ said some parts of crypto have developed differently than he expected. Payments, in his view, have been slower to reach mainstream use, even as crypto cards have made digital assets easier to spend indirectly. By contrast, institutional participation in the US has accelerated faster than expected, helped by what he described as a “180 degree turn” in the country’s crypto stance. “I was very surprised by the 180 degree turn in the US,” CZ said. “I think this speaks to the strength of the constitution, right? So you can change presidents every four years and then even if there’s a period where there’s a suppressive regime, you can change pretty quickly.” He argued that the previous US regulatory environment pushed many builders away from utility-focused applications and toward memecoins, leaving the market with fewer strong new crypto products than he would have expected. With a more pro-crypto policy backdrop, he said the industry could begin filling that gap. AI Agents And Stablecoins Could Drive New Crypto Demand One of CZ’s strongest claims centered on the overlap between crypto and artificial intelligence. He said AI agents are likely to transact far more frequently than humans and will naturally favor crypto rails over slower traditional systems. Related Reading: Economic Disaster Is Coming? Top Author Says Hold These Cryptos Or Pay The Price “AI agents are going to transact 10,000 times more transactions than humans can do,” CZ said. “And AI is going to use crypto. They’re not going to use Swift or Visa cards.” He also said AI could accelerate crypto development itself, from application design to wallet security and blockchain performance. While he stopped short of saying AI can already replace developers entirely, he said the technology can “assist dramatically in the speed of writing code.” Stablecoins were another area where CZ said the market exceeded his early expectations. He described them as initially appearing to be a temporary bridge for traders seeking fiat-pegged value during volatile periods. Instead, stablecoins have become one of the central components of crypto market structure. CZ said he personally believes stablecoin issuers should be able to pass yield to users, though he acknowledged regulatory resistance in some markets. He also argued that stablecoin issuers and crypto exchanges should preserve one-to-one reserves rather than replicate the fractional-reserve model used by banks. “Crypto exchanges, stablecoin issuers should maintain one-to-one peg and it should maintain 100% reserve,” he said. “But there are ways to generate yield even when you do that. And then for those yield that we generate, I actually encourage companies to pass that to their users.” Tokenized Assets Ant The “Everything Exchange” CZ also pointed to the rapid growth of tokenized traditional assets on crypto exchanges. He said Binance had listed gold roughly two months earlier and had already become “the largest gold trading venue outside of the traditional markets,” with gold representing about 10% of the platform’s futures trading volume. Binance has also listed oil, which he described as part of a broader convergence between traditional finance and crypto venues. The former Binance CEO said he now expects exchanges to compete toward becoming “everything exchanges,” covering crypto, commodities, prediction markets and potentially other asset classes. He said Coinbase and other platforms are likely to pursue similar strategies. Related Reading: $150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse “I think everyone wants to be the everything exchange,” CZ said. “Binance trades oil and gold now, which I didn’t see even a year ago. I think Coinbase most likely will do the same thing and then other exchanges will do the same thing.” At the same time, CZ said the balance between centralized and decentralized exchanges remains unresolved. If crypto adoption expands quickly among less technical users, centralized platforms could benefit first. If self-custody tools become easier and safer, decentralized exchanges may grow faster. CZ Remains Optimistic on Bitcoin Asked about Bitcoin’s market outlook, CZ said two forces are currently in tension: the historical four-year cycle and a more supportive backdrop from equities, institutions and geopolitical uncertainty. He said Bitcoin’s decline into 2026 fits the cycle pattern, but argued that institutional ETF participation could stabilize the market because large allocators tend to move slowly and hold for years. “I’m hoping that the worst part is over,” CZ said, while adding that his comments were not financial advice. For markets, the broader message was clear: CZ sees crypto’s next phase as less narrowly defined by native tokens alone. In his view, AI transactions, stablecoin incentives, tokenized assets and Wall Street’s adoption of blockchain rails could all become central battlegrounds in the next cycle. At press time, the total crypto market cap stood at $ Featured image created with DALL.E, chart from TradingView.com
The Binance founder also says friends told him firms funded "smear articles" because they opposed Binance doing business in the U.S.
Aster previously released nearly 80 million ASTER per month per its linear schedule, a figure expected to drop by at least 97%.
Reports claim that internal investigators discovered that a substantial amount of crypto flowed into Iran through Binance accounts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Binance Coin (BNB) is facing a critical test as sustained selling pressure pushes the token toward a level many analysts now describe as its final short-term support. Since January 29, BNB has declined about 14.6%, underperforming Bitcoin over the same period and reflecting a broader shift in risk appetite across crypto markets. Related Reading: Standard Chartered Cuts 2026 Solana Prediction To $250, Eyes $2,000 By 2030 While the price has so far held above the $730 area, market participants remain divided on whether this level can continue to absorb downside pressure. The recent pullback has unfolded against a mixed backdrop. On higher timeframes, BNB is still trading above long-term swing levels, which has kept some recovery hopes alive. However, daily charts show a clear bearish structure after the price fell below former support near $820, suggesting that sellers remain in control for now. BNB's price trends to the downside on the daily chart. Source: BNBUSD on Tradingview $730 Support Under Close Watch As Structure Turns Bearish The $730 zone has acted as a reliable support since mid-2024 and was again defended during the latest sell-off. Analysts note that this level represents a convergence of historical demand and prior consolidation, making it technically significant. Despite the bounce, momentum indicators such as the Awesome Oscillator remain in negative territory, pointing to continued bearish pressure rather than a confirmed reversal. Volume data adds nuance to the picture. While recent selling pushed on-balance volume lower, the broader trend over the past month has been upward, hinting that not all participants are exiting positions aggressively. Even so, the loss of the December lows has shifted the daily market structure firmly to the downside. Below $730, the next notable support sits near $687. A decisive break of that area could expose BNB to a deeper retracement, potentially extending losses toward the mid-$600 range. BNB’s Supply Zones And Macro Factors Weigh On Recovery Attempts Any upside attempts are likely to face resistance between $780 and $840, where multiple supply zones are stacked. The former $820 support has now flipped into resistance, and analysts suggest that rallies into this range could attract fresh selling unless reclaimed decisively. Macro conditions are also influencing sentiment. Weakness in tech stocks, renewed expectations of higher-for-longer interest rates following recent Federal Reserve developments, and ongoing negative headlines linked to Binance have combined to limit risk appetite. Some short-term traders point to clean order blocks and harmonic patterns that could support a bounce if $730 continues to hold. However, most analysts agree that any recovery would likely require improved broader market conditions and a sustained move back above key resistance levels. Related Reading: Bitcoin Drop Below $80,000 May Not Be The Final Capitulation Event, Checkonchain Says For now, $730 remains the line in the sand. Whether it holds may determine if BNB stabilizes or if the current downtrend has further to run. Cover image from ChatGPT, BNBUSD chart on Tradingview
A social media user claimed that Binance sent a cease-and-desist order over his post alleging the exchange's insolvency.
Changpeng Zhao has debunked four narratives that have been circulating on social media within the crypto community in recent days, ranging from a fabricated Polymarket screenshot to claims about Binance “dumping” Bitcoin. He argues that traders were stitching together on-chain observations and clipped quotes into conclusions that weren’t supported by the underlying facts. Former Binance CEO Debunks “FUD” The first rumor centered on an image framed as a Polymarket market showing odds, circulated by several accounts, as high as “79%” that someone would throw something at Zhao’s face at a crypto event in 2026, supposedly backed by more than $7 million in volume. Zhao said the market was fictional, writing: “That event does NOT exist on Polymarket. There is no $7m volume. If it did, I would be the first one to throw a cake in my own face.” Polymarket’s own “CZ predictions & odds” landing page lists various markets historically tied to Zhao, such as questions about his role at Binance, legal outcomes, and other “mention markets”, but no market matching the viral “throw something” prompt appeared there. Related Reading: Binance Founder CZ Addresses Trump‑Related Controversy In Latest Statement A second claim: “CZ cancelled the supercycle” appears to have grown out of Zhao’s comments in a Jan. 30 AMA recap posted on Binance Square, where he described himself as “a bit less confident” about a Bitcoin supercycle than before, while still pointing to longer-term upside. Zhao rejected the idea that a change in his confidence equated to calling off a market regime shift. “Oh, if I had that power, I wouldn’t be on CT with you a lot. I would be snapping my fingers all day long.” The third rumor alleged Binance sold $1 billion of Bitcoin over the past weekend when the market saw a severe drawdown. Zhao’s rebuttal drew a sharp line between user flow and corporate activity: he said it was “Binance users” selling on the venue, not Binance itself as principal. Related Reading: Binance Forms New Company In Greece, Moves Forward With MiCA Licensing The distinction matters because centralized-exchange trading is largely internal ledger movement; a burst of selling pressure can occur without a corresponding on-chain “Binance sold” footprint. Zhao added that Binance’s wallet balances “only change when users withdrawal,” arguing that observers were treating exchange-labeled addresses like a live P&L feed. The fourth thread questioned Binance’s execution of its plan to convert the roughly $1 billion SAFU fund from stablecoins into Bitcoin over 30 days, after some users said they couldn’t “see” buying or on-chain movement. Binance has said it intends to complete the conversion within 30 days and to top the fund back up to $1 billion if market moves push it below $800 million. Zhao countered: “I am guessing their original plan was to buy it over 30 days and move the funds to the address near the end of the 30 days, or once a week or something. You won’t see them buying using a DEX. Binance is a CEX with the best liquidity in the world.” Moreover, CZ dispelled speculations that the decision could have a significant impact on the Bitcoin price. “Also, you think $1b over 30 days is going to make a difference for BTC’s $1.7 trillion market cap? That’s 1/1700/30 = … anyway, you do the math. It’s a gesture. Will it help with confidence, your call,” he wrote. At press time, BNB traded at $767.23. Featured image created with DALL.E, chart from TradingView.com
The exchange co-founder's post comes amid renewed scrutiny over Binance’s alleged role in October’s crypto flash crash.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In an interview with CNBC, Binance’s CZ spoke of bitcoin’s four year cycles and the potential for a BTC all-time high this year due to a greater acceptance of crypto worldwide.
CZ said he didn't expect to serve time, arguing that past cases typically resulted in home confinement or deferred prosecution agreements.
Users are actively trading in hopes of qualifying for future perks, with the platform hinting at an airdrop in 2026 and receiving a multi-8-figure investment from YZi Labs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Binance Coin climbed again over the weekend, pushing past the $900 mark and touching about $907 on Sunday after a sharp 24-hour uptick. Markets were calmer overall, with the broader crypto complex up 0.55% for the day while Bitcoin hovered above $92,000 and Ethereum traded beyond $3,100. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator Market Reaction To Regulatory Shift According to social posts from Changpeng Zhao, founder and former CEO of Binance who is also known as ‘CZ’, optimism around a possible new crypto cycle helped fuel demand. CZ linked the mood to a regulatory change, saying the Securities and Exchange Commission had removed crypto from its list of priority risks for 2026. Based on reports, that move is being read by some investors as a sign of easing scrutiny, and it appears to have lifted sentiment across tokens. I could be wrong, but Super Cycle incoming. https://t.co/6TLldEMmGA — CZ ???? BNB (@cz_binance) January 10, 2026 Institutional Buying Adds Fuel Reports note sizable institutional flows into Bitcoin products. According to a filing, Wells Fargo bought 383 million of Bitcoin ETF shares, a figure that market watchers flagged as a large institutional stake. Morgan Stanley also filed for its own spot Bitcoin ETF last week, which many see as more proof that big financial players are stepping in. Those actions are being cited by traders as one reason risk assets like Binance Coin could see more interest. Macroeconomic Calendar Could Swing Prices A packed US data week is ahead and traders say it could affect crypto angles. On Monday, the market will watch a speech by the FOMC president. On Tuesday and Wednesday, the US Consumer Price Index and the Producer Price Index are due. Jobless claims come on Thursday, and a Fed balance sheet update lands on Friday. Any big surprise in those numbers can push liquidity flows and quickly change appetite for tokens. Binance Coin: Technical Levels To Watch BNB briefly reclaimed the $900 zone and was reported at $909 in some feeds as the four-hour chart showed a steady climb. Short-term resistance sits near $950, with a psychological barrier at $1,000. Related Reading: XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals Technical indicators offered cautious support for bulls: the MACD showed a bullish crossover with the blue line above the signal line, and the histogram printed positive bars, which suggests buying pressure building. The RSI sat around 56.10, under overbought levels, implying room for more gains. Traders still point to a key support range near $850. A break below that could invite heavier selling and take prices down toward $820. The scenario of a quick pullback is real; prices that move fast up can move fast down. Market participants will be watching both the macro calendar and any fresh regulatory updates for clues. Featured image from Unsplash, chart from TradingView
Amid already fragile sentiment across the crypto market, attackers exploited Trust Wallet, shaking confidence in self-custody solutions. The breach has impacted hundreds of users, with on-chain data showing that more than $6.77 million has already been stolen. The timing has amplified concern, coming at a moment when investors are already navigating heightened uncertainty, declining prices, and rising risk aversion. Related Reading: XRP Exchange Reserves On Binance Fall To Six-Month Low: Selling Pressure Is Easing According to the Trust Wallet team, the exploit appears to be linked to a recent update to its Chrome browser extension. In a public statement posted on X, the company urged users to take immediate action, stating: “Users with Browser Extension 2.68 should disable and upgrade to 2.69.” The message suggests that the vulnerability was isolated to a specific version of the extension, rather than the core wallet infrastructure, but the scale of the losses has nonetheless raised alarm. Trust Wallet is one of the most widely used self-custody wallets in the industry. Reporting a user base of roughly 220 million people globally. That reach makes any security incident particularly significant, not only because of the direct financial impact, but also due to the broader implications for trust in non-custodial platforms. As investigations continue and affected users assess the damage, the exploit adds another layer of stress to a market already grappling with weak sentiment and elevated skepticism toward crypto infrastructure. Funds Tracked As Trust Wallet Commits To Full Reimbursement On-chain investigators have begun tracing the movement of funds linked to the Trust Wallet exploit. According to analysis shared by Lookonchain, the attacker has already transferred approximately $5.5 million through a combination of instant swap services and centralized exchanges, including ChangeNOW, FixedFloat, KuCoin, and HTX. Routing funds through multiple channels suggests an attempt to obscure flows and accelerate laundering. A pattern commonly observed in recent wallet exploits. Despite the ongoing movement of stolen assets, Trust Wallet has moved quickly to reassure users. Binance founder and former CEO Changpeng Zhao (CZ) publicly stated that Trust Wallet will fully cover all user losses resulting from the incident. This commitment has been central to calming concerns. Particularly given the wallet’s large global user base and the broader climate of weakened trust in crypto infrastructure. The Trust Wallet team later reinforced this position with a formal statement, confirming the scale of the impact and outlining next steps. “We’ve confirmed that approximately $7M has been impacted and we will ensure all affected users are refunded,” the team said. The team added that supporting affected users is the top priority, and they are actively finalizing the refund process. The statement also warned users to avoid interacting with messages that do not originate from official Trust Wallet channels. As fund tracking continues, the focus has now shifted from damage assessment to execution of reimbursements and restoration of user confidence. Altcoin Market Holds Key Support As Broader Structure Weakens The total cryptocurrency market capitalization excluding Bitcoin and Ethereum is trading near the $825 billion level on the weekly chart. Following a sharp pullback from the $1.1–$1.2 trillion highs reached earlier this year. This index, used as a proxy for broader altcoin market health, shows a clear loss of momentum after an aggressive expansion phase. Signaling rising stress across the altcoin sector. Technically, the market has slipped below its faster weekly moving average, which previously acted as dynamic support during the uptrend. That level has now flipped into resistance, limiting upside attempts. Price is currently hovering just above the longer-term moving averages, which converge between roughly $780 billion and $820 billion. This zone represents a critical structural support area. A sustained break below it would likely confirm a broader bearish transition for altcoins. Related Reading: Bitcoin and Ethereum Coinbase Inflows Collapse While Binance Retains Relative Activity – Details From a market-structure perspective, holding the current range keeps the possibility of consolidation alive. However, failure to defend this support would open the door to a deeper retracement toward the $650–$700 billion region. For a bullish case to re-emerge, the altcoin market would need to reclaim the $900 billion level and reestablish acceptance above its key moving averages. Featured image from ChatGPT, chart from TradingView.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Zhao’s exit from Binance did little to dim his prominence.
The hacker spent 19,479 USDT to buy 21.16 million of the tokens, making around $55,000 from the subsequent pump, according to Lookonchain.
Longtime gold advocate Peter Schiff said bitcoin’s demand is fading despite ETF inflows, corporate accumulation, and intense market hype.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.