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Binance
Here's Why Binance CEO 'CZ' Is Looking for His Replacement
Binance, the world’s largest cryptocurrency exchange by volume, is looking for someone with a strong regulatory background to become its new chief executive officer, replacing its current CEO, Changpeng "CZ" Zhao. The news comes amid Binance facing a series of regulatory scrutiny across global jurisdictions. "The Hash" team discusses the implications for the exchange and its customers.
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change. Is this part of a broader effort by Binance to help avoid the worst of a future regulatory storm?
Binance to Cut Leverage Limit to 20x, a Day After FTX Announces the Same
Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change.
Binance припиняє Крипто торгівлю стерлінгами, євро та австралійським доларом
Оголошення з’явилося через кілька годин після того, як генеральний директор Чанпен Чжао написав у Twitter, що Binance зменшує максимальне кредитне плече, яке користувачі можуть використовувати для торгівлі ф’ючерсними контрактами.
Paxos General Counsel on Stablecoin Backings, Risks and Regulations
Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.
Hester Peirce on SEC’s Role in Crypto Regulations, Stablecoins, CBDCs
Responding to Sen. Elizabeth Warren urging the SEC to figure out its role in crypto regulation, SEC Commissioner and “Crypto Mom” Hester Peirce clarifies what the SEC can and cannot do. “There is an awakening in D.C. now realizing that crypto is here to stay,” Peirce said.
Binance Pool припинить послуги майнінгу BSV наприкінці липня
Клієнтам, які використовують майнінг BSV, потрібно буде вручну переключитися на майнінг BTC або Binance Smart Pool.
BitGo CEO: ‘Institutions Are All Participating’ in Crypto
Mike Belshe, CEO of digital asset infrastructure provider BitGo, discusses continued institutional interest in crypto despite a lull in the markets. "Institutions are all participating," he said. "Everybody we talk to is still moving forward." Plus, the possible implications of Binance's global regulatory woes.
What’s Next for Bitcoin as It Heads for Lowest Weekly Close Since June
Bitcoin is headed for its lowest weekly close since June 14 and remains in a lull into the weekend.
Binance Ditches Stock Tokens Amid Intensifying Global Crackdown
Crypto exchange Binance said stock tokens are unavailable for purchase on its website effective immediately, citing the need to focus on other products. This comes amid news Hong Kong is the latest jurisdiction to warn the exchange about its operations.