CZbinance

Binance Reverses its Stance on LUNC Burn Mechanism
Binance Reverses its Stance on LUNC Burn Mechanism

The address for the burn was developed by the locals. FatMan’s post has enraged Terra classic investors. CZ’s actions caused the currency to tumble in the market shortly after. Future trading commissions on LUNC spots or margin trading pairs will be remitted to the token’s burn address, as was specified in their blog post. This address for the burn was developed by the locals.  It’s LUNC Until further notice, the burn program, which began on September 1, 2022, will be in effect. In response to the newly enacted community-burn idea, the campaign was created. The blog entry stated, All trading

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Burj-Khalifa-Lighted-Up-To-Celebrate-Binance’s-MVP-License
Burj Khalifa Lighted Up To Celebrate Binance’s MVP License

Binance lighted Burj Khalifa, the world’s largest building, to celebrate acquiring their MVP License. From a few crypto firms last year, Dubai has grown to more than 400+ employees and 300+ crypto firms. Now, Binance was offered to replicate their achievement in more countries. Burj Khalifa, the tallest building in the world, displayed a Binance light show, which represents Binance’s commitment to celebrating its newly acquired Minimal Viable Product (MVP) License from Dubai’s Virtual Assets Regulatory Authority (VARA). In a tweet, Changpeng ‘CZ’ Zhao, founder and CEO of Binance, shared the company’s journey to securing the MVP License in the

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Binance With Busan City Mayor to Sign MOU, Pushing Crypto Adoption
Binance With Busan City Mayor to Sign MOU, Pushing Crypto Adoption

Binance to Help Busan Develop Its Blockchain Industry. CZ mentions that he is pleased to be partnering with Busan. Binance will provide technical and infrastructure support to the City of Busan. The largest cryptocurrency exchange by trading volume, Binance, the world’s leading blockchain ecosystem, announced today the signing of a Memorandum of Understanding (MoU) with the South Korean city of Busan. Following the agreement, Binance will provide technical and infrastructure support to the City of Busan in order to foster the growth of the city’s blockchain ecosystem and the Busan Digital Asset Exchange. According to CZ (Changpeng Zhao), the CEO

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Cryptocurrency Is Said To Be Skeptical, Why?
Cryptocurrency Is Said To Be Skeptical, Why?

Why people are so skeptical about digital currencies? Crypto is no longer in the early adoption stage. El Salvador, the first country to recognize Bitcoin as legal tender, now has 2,000 BTC holdings. The crypto market began in the year 2009 with the launch of Bitcoin(BTC) and has since seen a meteoric rise in popularity. In the last decade, we have witnessed the birth of more than 5,000 different digital assets with a total market capitalization that now exceeds $2 trillion. Despite this incredible growth, there is still a great deal of skepticism surrounding cryptocurrencies. This made CZ post on

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CZ-Shuns-Coinbase-Comparison-After-Binance
CZ Shuns Coinbase Comparison After Binance.US Drops BTC Fees

Binance.US removed all fees when trading bitcoin on 4 spot markets: USD, USDT, USDC, and BUSD. People compared Binance.US to Coinbase, to which Changpeng Zhao responded. Most cryptocurrency exchanges rely on trading fees for revenue. Binance.US grabbed the spotlight within the US crypto community after the exchange removed all fees when trading bitcoin. This applies to all users, whether new or old. According to an announcement, the zero bitcoin fee will apply on four spot market pairs, namely BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. People were quick to praise Binance.US, which radiates to the mother company Binance. However, some compared Binance.US

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CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”
CZ Clarified a News Title, Saying It’s a ‘Little Off’

Binance’s chief Changpeng Zhao said the title from an article of Fortune is a ‘little off’. The title stated that CZ says the crypto downturn is far from over. Zhao clarified that he couldn’t predict the future of the market. Binance’s CEO Changpeng Zhao, commonly known as CZ, complimented a certain article from New York-based multinational business magazine Fortune. In a tweet, the Binance chief said it was a “good article.” Yet, he corrected the title part of it saying it’s “a little off.” Zhao said the article was published after he did a couple of interviews from livestreams. Adding

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Crypto-Giant-Binance-Opens-2000-Positions-Amid-Industry-Wide-Downsizing
Binance Opens 2000 Positions Amid Industry-wide Downsizing

Binance’s CEO Changpeng Zhao shared to his 6.4M Twitter followers about the company’s 2,000 open positions amid market crash. The company was hiring despite vast layoffs from other industries and firms. Zhao said the company is now preparing for the next bull market. Leading cryptocurrency exchange Binance braggingly announced that the company is hiring 2,000 new employees amidst the ongoing crypto market crash. Changpeng Zhao, the founder and CEO of Binance, confirmed on Wednesday the company’s massive hiring despite the multiple layoffs from other crypto exchanges. However, the top executive didn’t provide details about what positions are available. BInance’s action was

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Binance-The-Only-Exchange-That-Offers-a-Trading-Program
Binance: The Only Exchange That Offers a Trading Program

Binance’s CEO Changpeng Zhao talked about exchange’s user protection and the future of crypto. CZ stated that Binance is the only crypto exchange that has a responsible trading program. Zhao said Bitcoin reaches a new ATH every 4 years but is uncertain how the market moves. Earlier on CNBC live, Binance’s CEO Changpeng Zhao talked about the crypto exchange’s effort to ensure that clients are trading responsibly and the future of crypto. In the interview, CZ mentioned twice that Binance is the only crypto exchange that has a responsible trading program when asked if it’s right to be offering crypto

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Binance-Expands-Operations-in-Europe-With-Latest-Partnership
Binance Expands Operations in Europe With Latest Partnership 

Binance UK expands its offerings with its latest partnership.  The crypto exchange platform announces its partnership with the Fintech Founders Group. Both are thrilled at this step and are looking forward to work together. Binance crypto exchange continues to grow its list of impressive partners. The latest of which comes from Binance UK. In detail, Binance UK announces its joining hands with the UK’s Fintech Founders Association. The not-for-profit organisation will aid and support Binance’s quest to expand its offerings in Europe. The news was proudly broadcasted on Twitter via BSC News’s account. In particular, the Fintech Founders Association is

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CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”
CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”

Binance’s LUNA investment that peaked at $1.6 billion is now worth less than $3,000. Showing how ‘diamond hands’ they are, Binance never sold its LUNA and UST amid Terra’s crash. Changpeng Zhao said people should manage their risks, as they can handle theirs. Binance CEO Changpeng Zhao, commonly known as CZ, responded to a post on Reddit via his Twitter to those people worrying about Binance’s LUNA investment.  The Reddit post is linked to an article that said Binance’s LUNA investment “peaked at $1.6 billion, now worth just $3,000.” In detail, Zhao responded to those people, saying that “even ‘big

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Changpeng Zhao: Dodging Sanctions via Crypto Unlikely
Changpeng Zhao: Dodging Sanctions via Crypto Unlikely

Crypto is too traceable, making it not good to be used for dodging sanctions, said Changpeng Zhao. Zhao is against the war, but not against the people. Coinbase CEO said that the exchange will not preemptively ban all Russians from using Coinbase. Binance CEO Changpeng Zhao (CZ) reiterated that Russia cannot use cryptocurrencies to avoid western sanctions.  In a recent interview with Richard Quest, the host of CNN’s Quest Means Business, Zhao said that crypto being too traceable makes it unworthy to be used for dodging sanctions. He mentioned that governments are continuously becoming better at tracing crypto transactions and

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Binance, Dubai World Trade Center Partner for Crypto Regulation
Binance, Dubai World Trade Center Partner for Crypto Regulation

The Dubai World Trade Center Authority (DWTCA) is planning to regulate cryptocurrency in the UAE. DWTC has partnered with crypto exchange Binance for the success of the endeavor. Dubai seeks to register 1,000 crypto-based businesses by 2022. The Dubai World Trade Center Authority (DWTCA) recently announced its plans to regulate cryptocurrency in the UAE. Specifically, the commercial center in the heart of Dubai is aiming to become a comprehensive zone and regulator for crypto. Included in the regulation are crypto exchanges, crypto-based products, and other related businesses. Also, to ensure the success of the endeavor, DWTC is partnering with the

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