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The CEO of Binance, Changpeng Zhao, has refuted claims that have spread widely on the Chinese social media giant WeChat that the FBI shot him. Zhao ‘working closely’ with the FBI, labels the rumors fake news WeChat users used a photoshopped Twitter account image of the New York Times Chinese branch to
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Cryptocurrency has faced more than its fair share of catastrophes, nearly all of which seemed as though they might end or at least seriously impede the continued growth of the sector. Yet despite the many “teachable moments,” the social layer of crypto refuses to learn its lesson and continues to
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Centralized crypto exchanges reintroduce an element of trust that trustless protocols like Bitcoin and Ethereum remove from finance. Users take on the risks, even if rare, of hacks, frozen withdrawals and other business failures, Casa’s Nick Neuman said recently. And so, amid a period of uncertainty, Zhao’s primary responsibility is
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"While we expect the next several months to be bumpy, we will get past this challenging period," CZ said while assuring the organization is built to last. Original Source
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Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said. Source
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In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. Since it happened, there has been
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Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways
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CZ stops short of denying SEC interest in Binance’s exchange token Source
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While the Changpeng Zhao potential exit is one of the defined ways Binance looks to get back on track with regulators, the firm is also doing a lot to pacify watchdogs across the board. Changpeng Zhao, the vocal and social media-friendly Chief Executive Officer of the world’s largest cryptocurrency exchange, Binance
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