The Changpeng Zhao-founded YZi Labs is launching a $1 billion fund targeting builders in the BNB ecosystem as BNB skyrockets to all-time highs above $1,300.
Changpeng Zhao News
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Binance-backed BNB has outpaced the broader cryptocurrency rally, with a 28% increase in market capitalization over the past seven days, prompting questions from the community.
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The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following a BNB Chain phishing incident.
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Kazakhstan is advancing a dual model by piloting its digital tenge CBDC alongside the Evo stablecoin as part of its push to become a crypto hub.
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SlowMist’s chief security officer said the phishing domains behind BNB Chain’s compromised X account are tied to the notorious Inferno Drainer group.
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AI threat detection and enhanced wallet management may save crypto firms from North Korean infiltrators, cybersecurity experts told Cointelegraph.
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Whales rotated heavily into ASTER and dumped HYPE as smart money bets on a shift toward the new DEX token associated with Binance’s CZ.
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The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges.
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CZ’s $10 billion fund, YZi Labs, was reported to be exploring external capital amid rising investor demand and a more open regulatory stance in the US.
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The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million.
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The lion’s share of donations has come from trading fees for a newly launched memecoin called $GIGGLE, launched by an X user known as RUNE.
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YZi Labs has invested further into Ethena to push USDe adoption across more chains and platforms, while also assisting with the development of a new stablecoin.
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After Changpeng Zhao congratulated it on X, community members speculated that the Binance co-founder may be behind the Aster project.
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After stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no plans to return to the CEO position” at Binance.
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An early BNB investor turned $1,000 into $1 million as the token hit the $1,000 price level for the first time, highlighting long-term holding strategies in crypto markets.
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