Binance CEO foresees DeFi outgrowing CeFi in 6 years, despite regulatory hurdles

Binance CEO Changpeng ‘CZ‘ Zhao predicted that decentralized finance (DeFi) would become more prominent than centralized finance (CeFi) within the next six years in a July 14 statement to celebrate the exchange’s sixth anniversary.

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Justin Sun Did Another Whale Move: $776k Worth of AAVE Deposited into Huobi

Justin Sun, a well-known figure in the cryptocurrency industry, has recently made another significant deposit into Huobi, one of the largest global digital asset exchanges. This latest deposit followed a series of similarly large deposits into Binance over the past two years, prompting intrigue and speculation within the crypto community.

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‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance

The crypto lawyer isn’t buying the argument that the SEC refuses to give the industry “regulatory clarity.” Chair Gary Gensler has been quite clear over the last two years about what is and what isn't a security, she says.

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Whale dormant for 2 years sells $2.3 million BNB

A BNB whale that had remained dormant for two years has sold $2. 3 million worth of their Binance Coin holdings, according to on-chain data shared by blockchain sleuth Lookonchain. Per details in a tweet posted on Monday, the account showed the whale had sold a total of 10,000 BNB today.

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The SEC Has Started an All-In Political Battle Over Crypto

The SEC's lawsuits against Binance and Coinbase are likely to play out across the U.S.'s legal and political system over several years, says Michael Casey.

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Binance Coin (BNB) At Risk: $200 Million Liquidation Looms

Binance Coin (BNB) has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017. However, the coin has experienced a sharp decline in value following the recent Securities and Exchange Commission (SEC) complaint against Binance.

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SEC’s Gensler offered to serve as an adviser to Binance in 2019: Lawyers claim

Years before serving as head of the Securities and Exchange Commission, Gary Gensler offered up his advisory services to Binance, the exchange’s lawyers allege.

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Yesterday saw the largest one-day Bitcoin transfer from miners to an exchange in two years

Quick Take The total daily amount of Bitcoin transferred from miners to exchange wallets hit a two-year high yesterday. The transaction occurred between the mining pool, Poolin, and Binance. This does not necessarily mean that the Bitcoin was sold; it only means that it was transferred.

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Israel seized nearly 200 Binance accounts over terrorism links over two years

Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist groups since 2021, Reuters said on May 4. Reuters reported that two of those accounts were linked to Islamic State (ISIS) and that almost all of the other accounts were owned by three firms with ties to Hamas.

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After raising $1.2m DigiToads gets an influx of Ripple and Binance coin

In the crypto market, the round-the-clock evolution and innovation of altcoins into meme tokens, NFT cryptos, etc. , keeps them in demand. This versatile market has greatly expanded over the years to bThe post After raising $1.

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Binance Maintained Connections With China Even After Nation’s 2017 Crypto Ban: Report

Binance appears to have been caught red-handed in a shocking revelation that could shake the industry to its core. Explosive documents obtained by the Financial Times reveal that Binance CEO Changpeng “CZ” Zhao and other top executives have been secretly concealing their ties with China for years.

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Binance may have hidden its presence in China for years

Based on new reports, the Binance crypto exchange allegedly hid many primary links to China for several years. 

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Binance's China Connection: Bombshell FT Report Exposes Secret Ties

Bombshell report by Financial Times has exposed that Binance, world's largest crypto exchange, allegedly concealed significant connections to China for years

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Ancient Ethereum (ETH) Whale Wakes up, Withdraws $3.45 Million From Binance

Ethereum whale who was active years ago wakes up during Binance turmoil

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Arbitrum (ARB) Airdrop Is Around The Corner, How To Trade It

Today, March 23 at 1:00 pm EST, Arbitrum (ARB) will start trading on Binance. The launch of the airdrop is likely the biggest DeFi event since the Uniswap airdrop three years ago. Around 635,000 wallets qualified for the airdrop and could initially cause massive volatility in the ARB price.

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BUSD’s market cap falls to this level for the first time in 2 years

The market capitalization of BUSD has dropped below $10 billion. Rising regulatory scrutiny of Paxos and Binance is reportedly the cause of the lost market cap. Binance USD [BUSD] is the worThe post BUSD’s market cap falls to this level for the first time in 2 years appeared first on AMBCrypto.

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Binance Negotiates With US Regulators After Admitting Regulatory Flaws

The Chief Strategy Officer (CSO) at Binance confirms the firm had some compliance issues years after its launch in 2017. The company is now discussing with the US regulators for a possible level ground.

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Binance re-enters South Korea acquiring Gopax crypto exchange

Binance, the largest provider of digital asset trading platforms, has bought a majority share in the ailing South Korean crypto exchange Gopax, entering a sector it left two years ago. Large stake agreement’s terms are not made public The chief…

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Binance Annual Revenue Grew Tenfold In The Last Two Years, But Not Without Challenges

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Binance’s revenue grew 10x over two years: report

Binance is a global crypto giant, with this outlook reflected in the cryptocurrency exchange’s annual revenue. OKX also saw a 4x organic growth in its revenue over the same period, while Huobi recorded a 98% drop in revenue in 2022 as the bear market decimated multiple crypto-focused businesses.

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Huobi’s revenue drops in 2022 while rivals Binance and OKX register gains

Data provided by the on-chain analyst CryptoQuant shows that Binance and OKX had good performance over the last two years, while Huobi’s revenue is down by nearly 100% along with FTX’s collapse. According to CryptoQuant, Binance’s quarterly revenue rose from…

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SBF risks 115 years in jail, Binance’s FUD, and auditors quit crypto: Hodler’s Digest Dec. 11-17

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Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years

In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX.

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Binance's latest acquisition will enable it to set foot in this country after four years

Binance is all set to enter the Japanese cryptocurrency market after a break of four years The exchange acquired Osaka-based Sakura Exchange BitCoin, a crypto exchange with full regulatory compThe post Binance's latest acquisition will enable it to set foot in this country after four years appeared first on AMBCrypto.

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Research: Binance led 2017 ‘dumb money’ Bitcoin investment; FTX leads 2022 cycle

Bitcoin (BTC) withdrawal patterns on centralized exchanges have changed significantly over the past five years. The post Research: Binance led 2017 ‘dumb money’ Bitcoin investment; FTX leads 2022 cycle appeared first on CryptoSlate.

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3 Cryptocurrencies To Make You Retire Early, Nexo, Binance, And Orbeon Protocol

For many people, the idea of retiring early is nothing more than a pipe dream. But with the right financial planning, it can become a reality. One way to achieve this is by investing in crypto. Due to its high returns, crypto investments have become increasingly popular in recent years.

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Binance CEO CZ on FTX crash: “We’ve been set back a few years”

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

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Binance CEO CZ on FTX crash: ‘We’ve been set back a few years’

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

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Bitcoin: A-Z of how the king coin fared following FTX's proposed acquisition

Bitcoin's price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmatThe post Bitcoin: A-Z of how the king coin fared following FTX's proposed acquisition appeared first on AMBCrypto.

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Binance Launches $500 Million Fund To Support Bitcoin Mining Industry

The Bitcoin mining industry has grown tremendously in the last few years. With multiple bull markets so far, there has been a large profit margin for those who have gone down this route, with companies making hundreds of millions of dollars off their operations.

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Binance Wants To Make A Return To Japan After Four Long Years

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Binance Wants Japan Return After Four Years’ Absence

The largest crypto exchange, Binance, is again seeking an operation license to set up a base in Japan. This comes four years after Changpeng Zhao, Binance CEO, retreated from the country due to the lack of an official permit. Binance…

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Changing Crypto Attitudes in Japan Trigger Binance Reentry

Binance has announced that it will be renewing its pursuit to become a licensed cryptocurrency exchange in Japan following a failed attempt to do so four years ago.  The post Changing Crypto Attitudes in Japan Trigger Binance Reentry appeared first on BeInCrypto.

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Top 5 BNB Chain Projects to Watch in 2022

Binance and BNB were established in 2017. Binance Smart Chain (BSC) was unveiled to the public three years later. The goal of the BNB Chain is to create the foundation for the global parallel virtual ecosystem.

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Top 5 Bnb Chain Projects to Watch in 2022

Binance and BNB were established in 2017. Binance Smart Chain (BSC) was unveiled to the public three years later. The goal of the BNB Chain is to create the foundation for the global parallel virtual ecosystem.

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Top 5 Bnb Chain Project to Watch in 2022

Binance and BNB were established in 2017. Binance Smart Chain (BSC) was unveiled to the public three years later. The goal of the BNB Chain is to create the foundation for the global parallel virtual ecosystem.

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S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses

Busan aims to position itself as a blockchain hub in the coming years and signed on crypto exchange Binance for similar efforts last week.

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Binance distances from WazirX as Indian regulators keep chasing crypto

The ownership of WazirX became a hot topic when CZ claimed the deal never went through. But three years later, there’s still no clarity.

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Binance Flips Coinbase, Now Has Highest BTC for Exchanges

Coinbase has experienced net outflows of Bitcoin for past two years

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Binance marks 5 years of a user-first ecosystem!

Binance has grown more than 200 times in the past 5 years, multiplying its user base to more than 120 million people, supporting an active blockchain with over 2.4 billion transactions, and providing The post Binance marks 5 years of a user-first ecosystem! appeared first on AMBCrypto.

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“We Want To Be The Gateway To Web 3” Asserts CZ In Note To Stakeholders

Binance is gearing up to lead the next iteration of the internet, with the crypto and blockchain world experiencing hockey-like growth and adoption in the past three years. In a letter to Binancians on Thursday, Binance CEO Changpeng Zhao, “CZ” expressed satisfaction at the exchange’s progress since it was established five years ago, stating that […]

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Binance Anniversary: Five Years’ Path In A Couple Of Minutes

Binance has rolled out an interesting “report” on its achievements dedicated to the first platform’s anniversary. Binance CEO, CZ, claimed the platform exceeded his boldest expectations during these five years.

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Binance wants to be the gateway to Web3, CEO says

Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched on 14 July 2017. Today, five years later, the exchange’s growth has given over 120 million users across the globe access to an innovative blockchain-powered ecosystem that counts products such as the crypto wallet Trust Wallet, an NFT marketplace, aggregator platform CoinMarketCap and Binance […] The post Binance wants to be the gateway to Web3, CEO says appeared first on Invezz.

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Binance Bypassed US-Led Sanctions on Iran for Years, Report Claims

Binance, the largest crypto exchange by volume, reportedly allowed users in Iran to trade in contravention of U.S. sanctions, a Reuters investigation alleges. The post Binance Bypassed US-Led Sanctions on Iran for Years, Report Claims appeared first on BeInCrypto.

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Why Analysts Are Bullish on Chronoly (CRNO), Binance (BNB), and Cardano (ADA)

Cryptocurrency may have started over 13 years ago as a Wild West dominated by mavericks, today the crypto market is a force to reckon with among financial institutions. Big banks and other financial service providers give it serious attention despite recent market downturns and regulatory crackdowns in different parts of the world.

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Binance.US наняла бывшую топ-менеджерку PayPal

Глава американского подразделения Binance Брайан Шредер объявил о назначении на пост CFO Жасмин Ли. Ранее она в течение восьми лет работала в PayPal. As the newest addition to our executive team, Jasmine will help drive efforts at #BinanceUS to progress towards an IPO within the next 2–3 years.

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Bitcoin May Not Reclaim All-Time High For Another Two Years, Binance CEO

Bitcoin has recovered above $20,000 but since then, there has not been any significant upward movement. This has led to speculations on whether the digital asset would be able to reclaim its all-time high in the near future.

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CZ Says BTC Might Hit $70k in Few Months or Years, ShibaSwap's BONE Trackable on Binance, Cardano Joins Linux Foundation as Gold Member: Crypto News Digest by U.Today

Don’t miss the latest events in the world of crypto with U.Today’s news digest!

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Bitcoin Might Hit $70,000 in Few Months or Years, Says Binance CEO

Bitcoin could stay below near-$70,000 peak for next two years after latest crypto market sell-off: CZ

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