Binance addresses 7 instances of recent FUD in Chinese blog post
Binance is fighting back against the tsunami of FUD it has faced in recent weeks. Go to Source Powered by WPeMatico
Changpeng Zhao
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Binance joins lobbying group as criticism of the exchange ramps up
The exchange has come under increasing pressure from critics after the collapse of its rival, FTX. Go to Source Powered by WPeMatico
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025. Go to Source Powered by WPeMatico
BNB insurance Binance listing? CZ addresses delisted project’s claims
While the delisting didn’t concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price. Go to Source Powered by WPeMatico
Binance proof-of-reserves removed from the auditor’s site
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site. Go to Source Powered by WPeMatico
CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves. Go to Source Powered by WPeMatico
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations. $3 Billion Pulled Out From Binance at Peak, Nansen Data Shows Binance, the world’s largest … Read more
Binance net withdrawals topped $3.6B over the last 7 days: Report
The sudden uptick in outflows may have been caused by market makers leaving the exchange. Go to Source Powered by WPeMatico
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar with the matter. Moreover, while a number of crypto assets have risen … Read more
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of a Signal chat group called “Exchange coordination,” and Binance CEO Changpeng Zhao (CZ) ostensibly told SBF to … Read more
