Binance

Changpeng Zhao, CEO of the crypto exchange giant Binance, has threatened to sue the blockchain-oriented media outlet “The Block” over false reporting regarding raids of the Chinese police on Binance’s office in fiery tweets. The blazing interaction took place on Twitter when Changpeng Zhao published a tweet, saying: “Instead of apologizing to the community for the fake headline news of the non-existent “police raid”, which damaged our reputation, and $btc price, theBlock now tries to…

The parent company of the crypto derivatives exchange FTX, Alameda Research, has been slapped with a $150 million lawsuit for market manipulation. The mysterious plaintiff is known as the “Bitcoin Manipulation Abatement LLC,” an entity about which currently there are no details online, either to secure its anonymity or to suggest that a group of people is involved. The lawsuit came into light through social media when Samuel McCulloch, host of podcast show “End of…

One of the largest crypto exchanges in the world, Binance, made its first strategic Chinese investments since leaving China back in 2017. Binance joined the third funding round of Beijing-based Mars Finance, a local crypto and blockchain news publication. The exact amount invested wasn’t disclosed; however, Chinese media and data source Mars Finance is valued at somewhere in the vicinity of $200 million. According to Bloomberg, Mars Finance can be a potential rival to leading…

The popular crypto exchange BitMEX used its Twitter account to taunt and expose another popular crypto exchange, Binance, for copy-pasting its platform’s Bitcoin futures documentation. The evidence reveal word for word copying of the documents. Peace in the social media’s crypto circle was disrupted by storming evidences unleashed by BitMEX with a sarcastic taunt targeting Binance for copying the former’s documentation of its upcoming crypto futures platform. Pictures were shared (as presented below) to compare…

Binance has published an announcement on September 2nd, disclosing the acquisition of the little-known crypto derivatives platform JEX. One of the world’s largest crypto exchanges and trading platforms is planning to step into the derivative market and JEX might open the doors of crypto futures and options markets for Binance. Binance has also been working on the development of its native derivative platform. It will allow the clients to trade on the JEX platform as…