Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said. Source
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Zhao
Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?
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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Binance CEO Zhao Pushes for Crypto Self-Custody; Trust Wallet Token Soars 80% to Record
"Self-custody is a fundamental human right," Zhao tweeted, persuading people to use Trust Wallet to take complete control of their coins. Source
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Binance CEO Zhao Says Planned FTX Acquisition Is Not a ‘Win for Us’
"It was less than 24 hours ago that SBF called me. And before that, I had very little knowledge of the internal state of things at FTX. I could do some mental calculations with our revenues to guess theirs, but it would never be very accurate," Zhao wrote. Source
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Zhao, CEO de Binance, sugiere que el exchange podría seguir aceptando usuarios rusos
“Es una situación complicada”, aseguró CZ. Si bien entidades con licencia de Binance en países de Europa —como Francia, Italia, España, Lituania y Suecia, entre otras—definitivamente no podrán ofrecer servicios a los ciudadanos rusos, dijo, la pregunta es menos sencilla en jurisdicciones que están fuera de la Unión Europea (UE). Source
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Binance CEO Zhao Considering Buying Banks: Bloomberg
Binance founder and CEO Changpeng CZ Zhao is looking into potentially buying banks as a way of bridging the gap between the worlds of traditional finance and crypto, according to an interview Zhao did with Bloomberg at the Web Summit conference in Lisbon. Zhao did not name any specific targets,
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Binance’s Zhao Suggests Exchange Might Still Allow Russian Users
“We are not against any people," said Binance CEO Chanpeng Zhao (CZ), holding a press conference at the Web Summit in Lisbon on Wednesday. "We are against dictatorships of war, we’re not against the population, but as a business, we’re licensed in many different places, we have to follow the
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Binance One Step Closer to Figuring Out $570M Hacker Identity, Zhao Explains
Binance CEO Changpeng Zhao revealed that the company has most of the compromised funds and is ‘narrowing down’ the identity of the hacker.Crypto exchange Binance is reportedly narrowing down the identity of the hacker behind its $570 million crypto attack. This development comes after the company’s CEO Changpeng Zhao revealed that Binance received a tip
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Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’ – Bitcoin News
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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Binance CEO Zhao Taking Different Acquisition Tack Than FTX’s Bankman-Fried
Binance so far this year has committed $325 million to 67 projects, according to the article. A $200 million investment into Forbes and $500 million of financing towards Elon Musk's Twitter takeover remain on the table – those deals could take the spend to more than $1 billion for 2022.
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