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Binance
Binance Hands Rising Star Richard Teng Key Position to Replace CZ
The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most likely successor to Changpeng Zhao, who founded the world’s largest crypto exchange in 2017. The news came just before the SEC announced a lawsuit against Binance on allegations of violating federal securities laws. "The Hash" panel weighs in on what this means for the exchange.

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations
The U.S. Securities and Exchange Commission sued crypto exchange Binance, the operating company for Binance.US and Binance founder and CEO Changpeng "CZ" Zhao on allegations of violating federal securities laws on Monday. "The Hash" panel reacts to the developing news.

Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities
The SEC on Monday charged the crypto exchange and its CEO Changpeng Zhao with violating a number of securities laws.

Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations
The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.

Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis
Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
Bitcoin (BTC) dropped below the $26,000 mark, while the shares of bitcoin mining stocks fell as well.

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations
The company already faces a suit from the Commodity Futures Trading Commission.

Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters
Binance.US had claimed to be independent from Binance at the time.

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Binance Market Share Sinks to Lowest Level in Eight Months
Binance’s market share has dropped to its lowest level in eight months, according to CCData. The exchange remains the largest cryptocurrency platform by trading volume, but it has seen its market share decline consecutively over the past three months after reaching a yearly high of 57% in February 2023. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
