“We are looking for someone with a strong regulatory background to step in and be CEO,” Changpeng Zhao said at a press conference Tuesday.
World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.
"We are seeing wider adoption of cryptocurrencies globally and the need for clearer regulatory frameworks in different countries," said CZ.
In a word, don't put money in a risky investment that you don't understand well.
CEO Changpeng Zhao said the world's largest crypto exchange is happy with its status as a private company.
By testing the limits of what's permissible on Binance Smart Chain, anonymous developers are testing whether it's really a blockchain.
According to Hurun Report's 2020 ranking, there are 17 blockchain billionaires, 11 of whom were new additions in 2020.
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.
Talking to CoinDesk at the World Blockchain Summit Asia on Thursday, Changpeng "CZ" Zhao called Twitter's security "weak" after a wave of account breaches Wednesday.
Binance is forced to "technically" support last week's hard fork of the Steem blockchain, according to the exchange's CEO, Changpeng Zhao.
Binance managed to see an alert and freeze the stolen funds in little more than half an hour.
"Wherever I sit, is going to be the Binance office," says Changpeng "CZ" Zhao.
Binance, #1 on the new CoinDesk 50 list, continues to move aggressively after the biggest opportunities in crypto.
A longtime feature of stock exchanges, circuit breakers throw sand in the gears of a plummeting market like last week’s. Should crypto adopt them?