Summary: Coinbase Wallet has integrated swaps on the BNB Chain and Avalanche in addition to Ethereum and Polygon. With an in-app Decentralized Exchange, Coinbase Wallet simplifies the process of swaps and will integrate other networks in the months to come. The team at Coinbase has announced that the platform’s wallet...
Summary: In a recent AMA, Binance CEO was asked whether he would consider taking over from Do Kwon at LUNA and bailing out UST. CZ responded by stating he was humbled by the request, but such a scenario was unlikely given that he is ‘pretty busy already.’ CZ also clarified...
Summary: CZ has debunked a Wall Street Journal article that suggested Binance employees had participated in insider trading of Gnosis last August. He stated that Binance has a zero-tolerance policy on insider trading and holds itself to the highest standards. CZ also asked anyone who notices anything suspicious regarding trading...
Quick take: CZ believes that UST’s depegging and massive LUNA inflation could have been avoided had the LFG deployed its reserves when the de-peg was at 5%. According to CZ, the Terra team was very slow and infrequent in communicating with the community during the crisis. He also stated he...
Summary: Larry Cermak has shared a document showing that Binance might have invested $300 million in Terra Mr. Cermak was responding to a Tweet that suggested he might have lied on his claims that Binance was a significant investor in Terra CZ had earlier refuted rumors that Binance had invested...
Summary: CZ has clarified via Twitter that Binance did not invest $300 million in Terra (LUNA) He was responding to a comment by Larry Cermak that Binance led Terra’s seed round in 2019 and 2021 Larry Cermak also implied that Binance had invested the said $300m, and it explained why...
Summary: CZ has expressed concerns over a proposal to fork the Terra chain to create new LUNA and UST digital assets Binance CEO states that the new fork will not have value, and one cannot void all transactions after an old snapshot, particularly on crypto exchanges He also questioned where...
Summary: Binance has announced that it will relist Terra (LUNA) and TerraUSD (UST) This is after the Terra blockchain was restarted and block production resumed CZ had earlier expressed concerns about the way the Terra team handled the UST depegging and inflation of LUNA The popular crypto exchange of Binance...
Quick summary: VeChain (VET) is now an accepted form of payment in over 2 million stores that span 70 countries Support for VeChain as a payment option is the result of a partnership with Alchemy Pay The news comes in the backdrop of VeChain being a supported chain in Binance...
Summary: Binance has continued to comply with sanctions placed on prominent Russians and associates The exchange has blocked trading accounts linked to relatives of Kremlin officials CZ has confirmed that the exchange has indeed blocked these accounts Binance’s CEO has also clarified that the exchange is ‘against the war, not...
Quick take: CZ has denied claims published in a Reuters article that Binance shared Russian user data with FSB agencies and regulators According to Reuters, the Russian agency, Rosfin, was seeking to trace millions of dollars in Bitcoin raised by jailed opposition leader Alexei Navalny CZ has clarified that as...
Quick take: CZ has joked about buying Twitter in response to an Elon Musk tweet that suggested the Twitter board had adopted the Poison pill option out of concern for other bidders Binance CEO later clarified that he had no intention of buying Twitter and was okay with Elon running...
