Monthly Archives: September 2024

After four months in jail and social media discretion, CZ is free. What’s next for the former crypto titan who led Binance to the top?

Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.

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.

Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. 

Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view? 

Binance founder and former CEO Changpeng “CZ” Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion.

He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.

CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

Bitcoin’s break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.

In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg that drained the platform of $100 million.