Archive | Changpeng Zhao

Binance Denies 400 BTC Listing Quote; Accuser Responds “You are a F***king Liar” feature ‘Cryptowhispers’ reported on what has turned from rumor to an all-out verbal war between two well-known figures in the cryptoverse. It began last week when Christopher Franko, co-founder of the Expanse project, took to Twitter and accused popular exchange Binance of quoting 400 bitcoin to list a token. The exchange’s head, Changpeng Zhao, […]

Binance Demos Decentralized Exchange

Changpeng Zhao has published a video showing a demo of the early stages of the Binance decentralized exchange (DEX), which will be hosted on the Binance Chain. Changpeng Zhao says “As you guys saw, that’s a very casual early demo for the Binance Chain, there’s still a ton of work to be done to turn […]

Will Decentralized Crypto Exchange of Binance Change the Landscape of Digital Asset Trading?

One of the giants of the cryptocurrency exchange game has given users a sneak peak at their latest offering. Binance CEO, Changpeng, Zhao presented a very rough version of the platform’s new decentralised exchange earlier today. Binance DEX is Ahead of Schedule in Terms of Development In a video posted to Twitter today, Changpeng Zhao, or… […]

Binance CEO Changpeng Zhao: With Tether ‘Concern is Always There’

During a recent conference in South Korea, Binance CEO Changpeng Zhao responded to questions about the company’s relationship with controversial stablecoin Tether. He acknowledged that “concern is always there,” according to regional reporting. Binance is one of the largest holders of Tether. Also read: Bitcoiners Hope to Have a Friend in Top US Regulator Jay […]

Binance CEO Speaks out on Blockchain’s Future and Why Dapps Are on the March

Binance CEO Changpeng Zhao has expressed his feelings regarding the future of blockchain in a recent interview with Fortune, expressing hope for its future. CZ, as he is affectionally referred to, indicated that blockchain predictions, similar to those about cryptocurrency, should be taken with a pinch of salt. He sees specialized ledgers will change the […]

Binance CEO Confirms Fourth Quarterly Binance Coin Burn

The CEO of the world’s foremost cryptocurrency exchange, Binance, has just confirmed that it will be going forward with an upcoming BNB token burn. Binance’s Fourth Token Burn Binance has become well-known for offering so-called ‘token/coin burns’, buying back and destroying its native cryptocurrency (BNB) every fiscal quarter. The burn has become so popular that… […]

Binance Expects Profits Up To USD 1 Billion In 2018

Binance CEO Changpeng Zhao told Bloomberg that Binance has earned USD 300 million so far in 2018, and expects total profits of anywhere between USD 500 million and USD 1 billion by the end of this year. Additionally, he stated that Binance now has 10 million registered users, a statement which also implies that cryptocurrency […]

Binance to Record $1 Billion Profit in 2018, Surpassing Major Banks

The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit. Changpeng Zhao: Binance Has Ten Million Users The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies… […]

Binance CEO Accuses Crypto Exchanges of Inflating Volume Statistics

In an interview with Cointelegraph, Binance CEO Changpeng Zhao discussed how some cryptocurrency exchanges are engaging in manipulation of their volume statistics to give traders the impression they have more liquidity and are more popular than they really are. This question was asked to Changpeng Zhao in response to a recent study that found evidence […]

Binance and NEO Make $12 Million Venture Capital Investment

Crowdequity platform Republic has raised $12 million in commitments for a token presale from Binance Labs, NEO and several other companies. The platform, founded by alumni from AngelList, aims to raise $92 million in a public sale. Binance Makes First Venture Capital Invesment Binance Labs, which announced a $1 billion blockchain investment fund on June… […]