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Top related persons:
Zhao - 1 Darrin Zammit Lupi - 1 Binance - 1 Changpeng Zhao - 1
Top related locs:
St Julian's Malta FTX
Top related orgs:
Binance - 1 Delta - 1 REUTERS - 1 U.S . Securities - 1 Exchange Commission - 1 Coinbase - 1

Search resuls for: "St Julian's"


3 mentions found


☆ Binance has not sold either bitcoin or Binance Coin, CEO says
  + stars: | 2023-06-13 | by ( Reuters Staff | ) www.reuters.com   time to read: +1 min
FILE PHOTO: Changpeng Zhao, CEO of Binance, speaks at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in St Julian's, Malta October 4, 2018. REUTERS/Darrin Zammit Lupi/File Photo(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. exchange. The lawsuits against Binance and Coinbase Global have increased fears the crypto market’s ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance’s biggest competitor, last year. Binance Coin has lost more than 20% in value since the SEC’s action.
Persons: Zhao, Darrin Zammit Lupi, Binance, Changpeng Zhao Organizations: Binance, Delta, REUTERS, U.S . Securities, Exchange Commission, Coinbase Locations: St Julian's, Malta, FTX
☆ Senators press crypto exchange Binance on potentially illegal business practices after FTX collapse
  + stars: | 2023-03-02 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +4 min
WASHINGTON — A bipartisan group of senators asked Binance, the world's largest cryptocurrency exchange and once-competitor to bankrupt crypto giant FTX, for detailed information on its business operations amid accusations of illegal practices. A spokesperson for Binance told CNBC that the company looks forward to "correcting the record" about its operations. Binance has become the definitive leader in the digital currency exchange industry since FTX filed for bankruptcy and its founder, Sam Bankman-Fried, stepped down in November. In their letter, the senators outlined the Justice Department's allegations against Binance, and contended the company has showed a lack of transparency. FTX's collapse, which affected over 1 million investors, highlighted "the need for real transparency and accountability in the crypto industry," the senators wrote.
☆ Crypto exchange Binance, Musk's co-investor, to help Twitter with blockchain
  + stars: | 2022-10-28 | by ( Krystal Hu | ) www.reuters.com   time to read: +2 min
REUTERS/Darrin Zammit LupiOct 28 (Reuters) - Binance, the world's largest crypto exchange that has invested $500 million into Elon Musk's buyout of Twitter Inc, is creating a team to work on how blockchain and crypto could be helpful to Twitter, the company's spokesperson said on Friday. As one of Elon Musk's equity co-investors to fund his $44 billion deal, Binance said it will brainstorm plans and strategies that could help Elon Musk run the platform. In November 2021, Twitter launched an internal crypto team to build features that involve such technologies. In text messages with confidants that were released as part of the litigation with Twitter, Musk discussed the possibility of placing Twitter on the blockchain, though he later appeared to decide such a move would not work. Binance's Chief Executive Changpeng Zhao, known as CZ, is an active Twitter user with over 7 million followers on the platform.
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