What’s Next for Ex-Binance CEO CZ? Passive Investing, DeFi
The former Binance CEO will remain a shareholder and a consultant for the company.
Binance to Make ‘Complete Exit’ From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U.S. Treasury Department’s money laundering and sanctions watchdogs, according to press releases shared Tuesday.
Binance Got Huge Due to U.S. Customers. That Was Illegal, U.S. Says
Binance’s ex-CEO Changpeng Zhao (Getty Images)
After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent
Richard Teng (Binance)
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
After the Securities and Exchange Commission sued Kraken, a small but trusted exchange, CoinDesk asked passersby for their views on crypto and regulation.
‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
Polymarket Traders Betting on Sam Altman’s Fate Have Become Bipolar
24 hours ago, prediction markets were almost certain that Altman wouldn’t be back as OpenAI’s CEO. Now the market’s answer to that question has changed twice.
FTX-Backed Anthropic’s CEO Declined OpenAI’s Merger Offer: The Information
FTX-backed artificial intelligence company Anthropic’s CEO and co-founder Dario Amodei declined an offer from OpenAI’s board of directors to merge, according to a news report.