Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXInterviewing 75 attendees to ask what they see as the next big trend in the industry.
Coinlive Democratic congresswoman Maxine Waters is urging disgraced former FTX CEO SBF to reconsider not attending next week’s congressional hearing.
dailyhodlMonstercat CEO Mike Darlington and Metalink founder Jake Udell chat with NFT Steez about the future of Web3 and music NFTs.
CointelegraphIn constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.
Cointelegraph
BitcoinistDan Rose, president of Coatue Ventures, shared some lessons learned from his early entrepreneurship through Twitter, providing guidance for Web3 entrepreneurs.
FtftxBreaking down the concept of DeFi and its ecosystem, as well as strategies and the risks for private and professional investors who plan to allocate capital to decentralized space.
Cointelegraph