Binance’s US Return Strategy: CZ’s Stake At Risk In Potential Recapitalization
Amid significant regulatory shifts under President Trump’s administration, Binance is gearing up to relaunch in the United States, potentially reducing the stakes held by its former CEO, Changpeng Zhao (CZ). Following years of legal hurdles that culminated in Zhao serving time in prison, his recent presidential pardon has revitalized the exchange’s prospects within the US […]
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An unexpected question has arisen for Binance founder Changpeng Zhao, also known as “CZ,” regarding whether the US government might return Binance’s $4.3 billion settlement following his presidential pardon. The question received an immediate response from CZ, whose reply caught the attention of the broader crypto community, adding yet another layer of intrigue to the […]
Staking cryptocurrencies on proof-of-stake blockchain networks has become one of the popular methods to generate consistent returns on crypto. Whereas DeFi offers the potential for spectacular yields at very high risk, staking offers a more steady return of around 15% on average, according to the current numbers on stakingrewards.com. Still considerably higher than anything you’d […]
Ethereum Foundation members expect “the merge” to happen before year-end and savvy options traders will profit using this options strategy. Ethereum's long-awaited transition away from proof-of-work (PoW) mining has recently suffered another delay and is expected to occur in the second half of 2022.Ethereum developer Tim Beiko stated on April 13 that "it won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum."An automated increase in mining difficulty designed to make PoW mining less attractive is set to become....
Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available including token swaps, liquidity provision & staking. According to a team statement, the three “cubes” will be....
Changpeng Zhao (CZ), the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has publicly refuted claims regarding potential investment discussions involving the Trump family and Binance’s American operations. This denial follows a report by the Wall Street Journal, which suggested that representatives of the Trump family have been in negotiations to acquire […]