Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Changpeng Zhao News
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- Spotlight
Revised block processing and validator mechanisms aim to balance traffic and fees under heavy meme speculation.
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Binance suspended US dollar deposits in June 2023, shortly after being sued by the SEC.
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Binance co-founder and chief customer service officer Yi He also said Binance isn’t for sale and implied it’s open to buying out its rivals.
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CZ critiqued CEX listing processes, arguing that the current way of doing things leads to price manipulation. As token launches surge, liquidity is becoming increasingly strained.
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In addition to beating Solana in daily fees for the first time since October 2024, BNB Chain is the first chain since Bitcoin to beat both Ethereum and Solana in daily fees.
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The $28 million profit raised some insider trading allegations among the crypto community.
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Changpeng Zhao, the founder of Binance, revealed his dog’s name in an X post, sparking a wave of memecoins named after the canine.
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Concerns around Binance’s token listing criteria were ignited by the Binance-listed TST token, which briefly rallied to $489 million on social media hype.
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Changpeng Zhao says Binance’s token listing process is flawed and suggests CEXs should automate listings like decentralized exchanges.
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Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system.
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According to data from Four.Meme, the TST test token, which has become a memecoin, has a trading volume of over $43 million.
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A complaint filed in January 2024 alleged that Binance, Changpeng Zhao, Iran and Syria provided “substantial assistance” that contributed to Hamas’ October 2023 attacks on Israel.
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Former Binance CEO Changpeng Zhao will actively coach and mentor startups within the incubator.
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The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.
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