DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Binance - 3 Zhao - 2 — - 2 Zhao — - 2 Changpeng Zhao — - 1 “ - 1 ” Zhao - 1 FTX - 1
Top related locs:
New York Binance Seychelles Cayman Islands Alameda SEC's
Top related orgs:
Bloomberg - 2 Binance - 2 Service - 2 New - 1 New York CNN - 1 Justice Department - 1 Binance Holdings - 1 Getty - 1

Search resuls for: "Zhao —"


9 mentions found


☆ What is Binance, why is it in so much trouble, and what does it mean for crypto?
  + stars: | 2023-11-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
Not only is Binance the world’s biggest crypto exchange, it is orders of magnitude larger than its rivals. Up until recently, Binance boasted nearly 60% of the market share for crypto spot trading. The Seychelles-based OKX is second in market share at 5.44% and the US exchange Coinbase is third at 5.37%, according to crypto news site CoinDesk. Today, Binance takes responsibility for this past chapter.”It’s a common refrain among crypto firms who find themselves under scrutiny. “What this plea deal does is give Binance as a chance to live another day,” Yadav said.
Persons: Changpeng Zhao —, Binance, Zhao, “, ” Zhao, FTX, “ Binance, ”, Robert Le, Yesha Yadav, ” Yadav Organizations: New, New York CNN, Justice Department, Binance Holdings, Bloomberg, Getty, CZ, PitchBook, Investors, Vanderbilt University, Binance Locations: New York, Binance, Seychelles
☆ Binance founder appeared to hint at stepping down in a post just 2 days ago
  + stars: | 2023-11-21 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +2 min
Crypto exchange Binance has been under scrutiny from US regulators for a while. "CZ," Binance's founder, will plead guilty, to anti money-laundering violations and will step down, the WSJ reported. AdvertisementNow, on Tuesday — just two days after CZ's post — news broke that he was indeed set to step down as the head of crypto exchange Binance, according to a Wall Street Journal report. He will also agree to plead guilty to charges of not complying with anti money-laundering regulations in the US. He'll pay a $50 million criminal fine, the WSJ reported; Binance itself will plead guilty and pay fines of $4.3 billion, the report said.
Persons: Binance, Sam Altman's, —, Zhao —, ike, ines Organizations: Service, ust
☆ Here's what the SEC's 'all-out assault' on crypto means for the market's 2 biggest players
  + stars: | 2023-06-08 | by ( Max Adams | ) www.businessinsider.com   time to read: +6 min
"If this goes poorly, it could be an existential issue for Coinbase," Jeff Blockinger, chief counsel at decentralized finance platform Vertex Protocol, told Insider. Sources told Insider they expect Coinbase to fight extremely hard against the suit, which essentially says its whole US operation is illegal. "This is an all-out assault, particularly in regards to Binance, but it is a broader assault on the industry. A deal just means 'the casino can stay open'From Smith's point of view, the real existential matter isn't the SEC's lawsuit but rather the nature of the market itself. "If the SEC and Coinbase cut some sort of deal, that just means the casino can stay open."
Persons: —, Changpeng Zhao, Zhao —, Binance, Zhao, Jeff Blockinger, it's, Brian Armstrong, he's, Coinbase, Gensler, Sam Bankman, Richard Smith, Ron Geffner, Goldberg, Geffner, There's, Smith Organizations: Coinbase, Service, Securities, Exchange Commission, Binance, SEC, Commodities Futures Trading Commission, Bloomberg, The Foundation Locations: Cayman Islands, Alameda, SEC's
☆ Meet Changpeng 'CZ' Zhao, the CEO of Binance, which is being sued by the CFTC over claims the exchange lacked 'basic compliance to prevent terrorist financing'
  + stars: | 2023-03-28 | by ( Marielle Descalsota | Pete Syme | ) www.businessinsider.com   time to read: +1 min
Changpeng Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange. With a net worth of $16.4 billion as of November 9, he's the 87th-richest person in the world, according to the Bloomberg Billionaires Index. His real-time estimated net worth is a far cry from the peak of his personal wealth: His net worth peaked at $95.9 billion earlier this year, the Bloomberg Billionaires Index shows. Zhao founded Binance in 2017 and powered it to become the biggest cryptocurrency exchange by trading volume. The exchange handles some $76 billion in daily trading volume, according to Protocol.
☆ Chinese players axed from top snooker tournament as match-fixing crisis rocks the popular billiards sport
  + stars: | 2023-01-06 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
YORK, UK - Nov 12, 2022: Zhao Xintong of China competes during the first round match against Sam Craigie of England at 2022 UK Snooker Championship in York. LONDON — A match-fixing scandal has led to the suspension of 10 Chinese players from snooker's top touring circuit, including two big names from the popular billiards sport. The World Professional Billiards and Snooker Association announced Tuesday that it had suspended Zhao Xintong and his compatriot Zhang Jiankang from competing in the World Snooker Tour. The announcement marked the latest in a series of suspensions as part of an ongoing investigation into the fixing of snooker matches for betting purposes. Alongside Zhao, notable among the 10 suspensions was the 2021 Masters champion Yan Bingtao, whom the WPBSA banned on Dec. 12., shortly before Chen Zifan.
☆ Binance's CEO tried to warn Sam Bankman-Fried: 'The more damage you do now, the more jail time.'
  + stars: | 2022-12-09 | by ( Zahra Tayeb | ) www.businessinsider.com   time to read: +3 min
Binance's CEO got alarmed by Sam Bankman-Fried's crypto trading moves as FTX collapsed, per the NYT. The more damage you do now, the more jail time," Zhao wrote in a group chat. "Stop now, don't cause more damage," Zhao wrote in a group chat with Bankman-Fried and other crypto executives. The Binance boss pointed to a $250,000 trade by Alameda that he believed was orchestrated by Bankman-Fried to depeg Tether. Meanwhile, Bankman-Fried is reportedly now being investigated over allegations that Bankman-Fried manipulated the market for two cryptocurrencies in the spring.
☆ Xi shook up the power order in China, but the world should expect little change — because Xi is still the complete puppet master, 2 experts say
  + stars: | 2022-11-08 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +7 min
Last month, Xi Jinping announced who would join him to be the top seven officials in China. Kevin Frayer/Stringer/Getty ImagesBoosted to the second-in-command spot by Xi, Li is thought to be one of the president's closest protégés. Having been the lowest-ranked member of the previous standing committee, Zhao has jumped four positions to get to his current role. It indicates to me that Xi Jinping is satisfied with the work that Zhao has done," said Loh. "Xi Jinping makes it very clear.
☆ Binance CEO says he anticipates 90% of Elon Musk's newly proposed Twitter features will fail: 'The majority of them will not stick'
  + stars: | 2022-11-02 | by ( Grace Kay | ) www.businessinsider.com   time to read: +3 min
Binance CEO Changpeng "CZ" Zhao said he anticipates about 90% of Elon Musk's ideas for Twitter will fail. Zhao said the best way to improve Twitter is to define new features and see what sticks. Musk has already proposed charging $8 a month for blue check marks and bringing back Vine. "That's how you figure out the rest of the 10% of the features that will stick," he said. He added; "10 to 20 years from now, we're very confident that this will be a much stronger platform than Twitter yesterday."
☆ Meet Changpeng Zhao, the CEO of Binance and the richest man in crypto, who worked at a gas station before making his $30 billion fortune
  + stars: | 2022-10-25 | by ( Marielle Descalsota | ) www.businessinsider.com   time to read: +1 min
Changpeng Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange. With a net worth of around $30 billion as of October 25, he's the 33rd-richest person in the world, according to the Bloomberg Billionaires Index. His real-time estimated net worth is a far cry from the peak of his personal wealth: His net worth peaked at $95.9 billion earlier this year, the Bloomberg Billionaires Index shows. Zhao founded Binance in 2017 and powered it to become the biggest cryptocurrency exchange by trading volume. The exchange handles some $76 billion in daily trading volume, according to Protocol.
0 next >>
Total: 9