Binance.US Severs Ties with Former Chairman CZ After Legal Troubles
Key Insights Changpeng Zhao resigns as chair of Binance.US board and exits governance role amid ongoing legal issues Move separates…
Terror Groups Embracing Tron’s Crypto Network for Funding
Key Insights Terror groups like Hamas and Hezbollah now favor using Tron cryptocurrency to transfer funds due to fast speeds…
U.S. Seeks to Block Former Binance CEO CZ From Leaving Country Amid Flight Risk Concerns
Key Insights U.S. prosecutors seek to block ex-Binance CEO CZ from leaving country amid flight risk worries Government voiced concerns…
BlackRock Pitches Bitcoin ETF Models to SEC Amid Mounting Approval Pressure
Key Insights BlackRock pitched SEC on Bitcoin ETF models, seeking approval to list spot BTC fund on Nasdaq Comes amid…
Cryptocurrency Exchange HTX Hacked Again, Loses $13.6M Via Cross-Chain Exploit
Key Insights Cryptocurrency exchange HTX loses estimated $13.6M in cross-chain HECO bridge exploit. Attack drained funds from compromised hot wallets,…
CZ Agrees to $175M Bail Deal to Return to U.S. Before 2024 Sentencing
Key Insights Binance founder CZ must pay $175M bond, return to U.S. 14 days before Feb 2024 sentencing under plea…
Binance Founder Changpeng Zhao Steps Down as CEO
Key Insights Binance CEO Changpeng Zhao stepped down as part of a $4.3B settlement with DOJ Zhao intends to plead…
Kraken Dismisses “Incorrect” SEC Lawsuit Over Unregistered Securities Trading
Key Insights Kraken dismisses “incorrect” SEC lawsuit over unregistered crypto trading. Exchange says customer assets not at risk despite SEC…
Justice Department Seeks $4 Billion Penalty and Admission of Wrongdoing in Binance Probe
Key Insights Justice Department in talks with Binance to settle criminal probe for $4 billion. Agreement would allow Binance to…
OpenAI Names Former Twitch CEO Emmett Shear as Interim Chief
Key Insights OpenAI appoints former Twitch CEO Emmett Shear as interim CEO after removing Sam Altman. Shear guided Twitch’s growth…