Binance Coin (BNB) was launched in July 2017 as the native token for the popular Binance exchange for discounted trading fees. The demand for BNB is linked to the popularity of the Binance exchange – its valuation has risen from under $1 to over $600 at its all-time high in mid-2021....
While some have made this comparison, Slim’s fortune is more like that of the old Rockefeller family than that of Bill Gates. Instead of building an empire on a few great innovations in a particular field, he did so through acquisitions and building a nearly unassailable market share. Was ...
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Binance: Spearheaded by crypto’s own -CZ, it has reportedly the largest monthly verifiable trading volume across the board. As one of the early entrants to the crypto-trading realm, Binance has emerged as the go to name for first-time cryptocurrency traders worldwide. Recently...
Binance does not respond to 98% of the applications it receives—dead silence. The 98% rejection rate is current as of 2023, as stated via Twitter by CZ himself. Getting a response in itself is cause for celebration. A typical exchange listing application will have around 15 q...
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Binance is nowpoised to claim absolute dominance over the industry. “Binance clearly comes out stronger from all of this,” said William Quigley, co-founder of the U.S. dollar-pegged stablecoin tether. “CZ claims Binance has no debt, and doesn’t use its BNB token as collateral. Both ...
Former Binance CEO Changpeng Zhao (CZ) stepped down and admitted to participating in money laundering. “I made mistakes, and I must take responsibility. This is best for our community, for Binance and for myself,” he wrote in a post on X. /jlne.ws/3v5xdm0 Galaxy Digital targets ...
In a now-deleted tweet, Bankman-Fried continued to claim FTX was fully funded and that customer assets were safe.But on Nov. 6, four days after the CoinDesk article, the crack widened into a chasm, thanks to an old investor-turned-rival, Changpeng “CZ” Zhao. ...