CZ


Markets

Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

Binance's CZ (Twitter/Modified by CoinDesk)

Markets

Bitcoin and BNB Recover as Binance Plea Seen Boosting Spot ETF Odds

Some observers believe Binance's downfall has boosted the spot-ETF approval odds.

Two large stacked blocks displaying Binance's logo at a trade show.

Opinion

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

The "historic" settlement with the DOJ, CFTC and U.S. Treasury many finally allow the firm to come into compliance. But if it does, can the world's largest crypto exchange still grow?

Changpeng Zhao

Policy

Binance's Busy Day, Kraken's Second SEC Fight

Binance will pay the U.S. government $4.3 billion to settle criminal and civil charges.

Federal officials announced the various actions against Binance last November. (Jesse Hamilton/CoinDesk)

Policy

Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February

Binance settled charges with the DOJ, agreeing to pay $4.3 billion.

Changpeng Zhao speaking at Consensus 2022. (Shutterstock/CoinDesk)

Finance

What's Next for Ex-Binance CEO CZ? Passive Investing, DeFi

CZ said that he wants to spend more time investing in startups in the DeFi space after taking a break from working for a while.

Binance's CZ (Twitter/Modified by CoinDesk)

Finance

After CZ Quits as Binance CEO, Richard Teng Looks Like the Heir Apparent

One-time Abu Dhabi regulator Teng was appointed to oversee Binance's regional markets outside the U.S. back in June of this year.

Richard Teng (Binance)

Videos

Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Sam Bankman-Fried's testimony as he takes the stand in front of jurors during his criminal trial. Bloomberg reports on the change in Binance founder CZ's net worth during crypto winter. Plus, users of the hi debit Mastercard can now spend Metaverse platform Sandbox’s SAND token in eligible markets.

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Finance

Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

Changpeng Zhao's wealth dropped to $17.2 billion as trading revenue declined.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Finance

Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals

Paysafe, the crypto exchange's former service provider for euro transfers, ended support last month.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)