Binance

Binance users want Pi network to be listed

Binance users want Pi network to be listed

The number of users supporting the listing of Pi Network overwhelmingly surpasses the opposing option. However, there is still a long way to go before the cryptocurrency appears on Binance. The vote on Pi on Binance has results. Photo: Carryssaa. A community survey conducted by the world's largest crypto exchange revealed that 86% of participants support Pi. This marks a significant step toward its integration into the platform. However, the nearly 300,000 votes are non-binding, and the final decision still rests with the exchange’s team. Nonetheless, this optimistic signal has contributed to Pi's recent price growth against market trends. The…
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Changpeng Zhao (CZ) Released from Prison

Changpeng Zhao (CZ) Released from Prison

In a surprising turn of events, Changpeng Zhao, commonly known as CZ, the founder and CEO of Binance, has been released from prison. Zhao, a pivotal figure in the cryptocurrency industry, was detained following regulatory investigations related to Binance’s operations. His release marks a critical juncture for both his career and the future of Binance, one of the world's largest cryptocurrency exchanges. CZ's legal troubles began when various global financial regulators scrutinized Binance for alleged violations, including operating without proper licenses and insufficient adherence to anti-money laundering (AML) rules. The detention of CZ sent shockwaves through the crypto community, raising…
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Binance Founder Changpeng Zhao (CZ) Receives Four-Month Prison Sentence

Binance Founder Changpeng Zhao (CZ) Receives Four-Month Prison Sentence

In a surprising turn of events, Changpeng Zhao (CZ), the founder and former CEO of the world's largest cryptocurrency exchange Binance, has been sentenced to four months in prison by a Seattle court. This news has sent shockwaves through the cryptocurrency community and raises questions about the future of Binance. Guilty Plea and Underlying Charges The details surrounding the charges against CZ remain somewhat limited. However, we do know that CZ pleaded guilty in November 2023 to violations related to anti-money laundering (AML) regulations. These violations likely involved Binance's failure to implement adequate safeguards against money laundering activities on its…
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