Binance | Crypto

Binance founder Changpeng Zhao or CZ threatened to sue news agency Bloomberg for a second time over its report alleging links between the exchange and the USD1 stablecoin. In an X post on Friday, CZ called the article “another hit piece” that was “sponsored by a competitor,” without explicitly naming the competitor. He dismissed it […] The post CZ threatens to sue Bloomberg over report linking Binance to Trump-backed USD1 stablecoin appeared first on CryptoSlate.

Binance co-founder CZ has dismissed a Bloomberg report linking him to the Trump-backed USD1 stablecoin, threatening legal action over alleged defamation. Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. In a post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a competitor)” filled with “so many factual errors” that he “doesn’t even know where to begin.” He added, “Might have to sue them again for defamation.” The Bloomberg report claimed Binance developed the original smart contract code for USD1, a stablecoin issued by World Liberty Financial, a company affiliated with former President Donald Trump. Read more

Former Binance CEO Changpeng Zhao allegedly supported crypto projects tied to the Trump family while privately seeking a presidential pardon, according to a July 11 Bloomberg News report. The report claimed that Binance wrote the foundational smart contract code for USD1, a stablecoin issued by World Liberty Financial, a company affiliated with President Donald Trump. […] The post Binance allegedly wrote the code for WLFI’s stablecoin USD1 appeared first on CryptoSlate.

A Friday report from Bloomberg suggested closer ties between US President Donald Trump's family-backed crypto business and one of the largest digital asset exchanges. Cryptocurrency exchange Binance reportedly helped create the code behind the stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. According to a Friday Bloomberg report citing three people familiar with the matter, Binance helped create, promote, and played a role in the largest transaction of WLF’s USD1 stablecoin. The crypto business, backed by Trump and his three sons, launched USD1 on March 4.  An Abu Dhabi-based investment firm, MGX, announced a $2-billion investment in Binance on March 12 using a then-unnamed stablecoin. Eric Trump, one of WLF’s co-founders, said in May that the company would be using USD1 to settle the investment. Read more

A new mid-year report from blockchain analytics firm CryptoQuant reveals that Binance has emerged as the clear market leader across multiple exchange metrics in the first half of 2025.  The post Binance’s Grip Tightens: 2025 Mid-Year Data Shows Exchange Titan Pulling Ahead: CryptoQuant appeared first on Cryptonews.

Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US. Binance co-founder Changpeng Zhao’s family office, YZi Labs, is set to back a new treasury firm that will offer investors exposure to BNB with aims of going public in the US. YZi Labs said on Wednesday it will support the investment firm 10X Capital in spinning up a BNB (BNB) treasury company that will pursue a listing on “a major US exchange,” according to a statement shared with Cointelegraph. Called “The BNB Treasury Company,” the company will appoint David Namdar as CEO. He’s a senior partner at 10X Capital and a co-founder of Galaxy Digital, where he was formerly co-head of trading. Read more

Soaring stablecoin reserves at Binance, falling Bitcoin dominance and a bullish chart pattern point to a possible altseason starting in the bottom half of 2025. Key takeaways: USDT and USDC balances on Binance hit a record $31 billion in June 2025. One analyst sees the reserve build-up as a “brewing liquidity explosion,” with investors waiting for clear altcoin trading opportunities. Read more

Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets. Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region. Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles at Gemini, Bank of Ireland and Leveris. The appointment, announced Friday, comes as Binance faces increasing scrutiny in Europe and seeks to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Lynch will oversee Binance’s regional strategy, day-to-day operations and regulatory engagements across key European and UK markets. Read more

Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco. Binance Pay has partnered with French fintech Lyzi to enable over 80 businesses across the French Riviera to embrace cryptocurrency payments, according to a Wednesday press release. The rollout, spanning cities including Cannes, Nice, Antibes and Monaco, would integrate digital assets into the region’s luxury tourism and retail economy. The French Riviera, also known as the Côte d’Azur, is a popular tourist destination. The partnership gives visitors and locals the ability to pay with stablecoins and other cryptocurrencies at a wide range of establishments, including hotels, restaurants, beach clubs, luxury retailers and service providers. Read more

Despite Bitcoin trading over $100K, BTC.com flows to Binance have dropped, which could mean that miners are waiting for new price highs ahead.

Official Trump price prediction: the meme coin has recovered 3% to $8.75 after a whale moved $32.8 m to Binance, though it has plunged 32% over 30 days. Analysts have noted oversold readings but warn Iran-US friction could trigger fresh dips before a potential climb to $15 by August and $25 by year-end. The post Official Trump Price Prediction As Whale Moves $32.8 Million in $TRUMP to Binance appeared first on Cryptonews.

Strategy (formerly known as MicroStrategy) has expanded its Bitcoin holdings by acquiring 10,100 BTC for approximately $1.05 billion. The purchase, disclosed in a June 16 filing with the US Securities and Exchange Commission (SEC), brings the company’s total Bitcoin stash to 592,100 BTC. Notably, this single purchase equals the entire Bitcoin stack accumulated by Japanese […] The post Strategy now holds 592,100 Bitcoin, less than 20K BTC behind Binance appeared first on CryptoSlate.

Binance’s rollout in Syria features a full access launch, allowing Syrians to trade at least 300 tokens, including Bitcoin, XRP, Toncoin and more. Binance, one of the world’s largest crypto exchanges, became one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May. Syrian residents can now access Binance’s platform and trade crypto assets like Bitcoin (BTC), the company announced on Thursday. The launch follows US Secretary of State Marco Rubio’s May 23 decision to lift sanctions on Syria, which was followed by the EU lifting all economic restrictions on the country. Read more

[PRESS RELEASE – Dublin, Ireland, June 7th, 2025] AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform. What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s […]

The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria. Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6. The former Binance executive said he would remain in the crypto industry and highlighted his work aiding law enforcement investigations worldwide in a June 6 X post. Gambaryan added: “That is where I intend to continue making a difference, whether back in public service or with a mission-driven institution in the private sector,” Gambaryan said. Read more

Binance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity. Binance has identified and moved to restrict the use of bots exploiting Alpha, its early-access token distribution system, the exchange said on June 4. In a post, Binance said it had “recently detected certain groups using bots to participate in Alpha activities, which undermines the fairness of the Binance Alpha Points program.” It added that it had taken measures to halt the activity. “We have upgraded our risk control systems to enhance the detection and handling of such behavior,“ the exchange said. Binance said any use of bots will be treated as a violation by the exchange. The company also said that it “reserves the right to revoke the Binance Alpha Points eligibility of accounts involved in such activities and may impose further restrictions where necessary.” Read more

Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […] The post Binance founder CZ warns of Bitcoin treasury risks amid growing adoption appeared first on CryptoSlate.

World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, […] The post WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing appeared first on CryptoSlate.

Binance co-founder Changpeng “CZ” Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks. Update (June 2 at 3:33 pm UTC): This article has been updated to incorporate comments from Li.Fi’s Philipp Zentner and StealthEX’s Maria Carola. Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation. In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.” Read more

The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the […] The post SEC files dismissal on Binance lawsuit files after two-year securities showdown appeared first on CryptoSlate.