Changpeng Zhao


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CZ Responds to Forbes Report that Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year

Forbes reports that Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year. In a tweet, Binance CEO Changpeng Zhao, also known as "CZ," responded to the article, stating in part "they referred to some old blockchain transactions that our clients have done." The co-author of the article and Forbes Director of Data and Analytics Javier Paz, responds to CZ's tweet on "First Mover."

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Finance

Sinabi ng Binance CEO na Maraming Crypto Player ang 'Naliligalig' ng Pera

Sinabi ni Changpeng Zhao na mahalagang tumuon sa Technology.

Binance CEO Changpeng Zhao speaks by video link at the World Economic Forum's annual meeting. (Jack Schickler/CoinDesk)

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WazirX's Proof-of-Reserves Report Shows 90% of User Assets Are in Binance Wallets

Indian crypto exchange WazirX released its proof of reserves report that disclosed 90% of its user assets are held in Binance wallets. "The Hash" panel discusses the Twitter drama between WazirX and Binance CEO Changpeng "CZ" Zhao.

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Markets

Tinatanggap ng CZ ng Binance ang 'Stress Test' habang Ipinagpapatuloy ng Exchange ang Mga Pag-withdraw ng USDC

Ang pinakamalaking Crypto exchange sa mundo ayon sa dami ng kalakalan ay nagtiis ng wave a withdrawals sa gitna ng mga alalahanin tungkol sa mga reserba. Ang mga withdrawal ng stablecoin USDC ay na-pause ng ilang oras ngunit nagpatuloy na ngayon.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

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Do Kwon Reportedly in Serbia; Future of FTX’s Political Donations

U.S. prosecutors are considering criminal charges against crypto exchange Binance and individual executives, including founder and CEO Changpeng Zhao, Reuters reports. Do Kwon, wanted internationally in connection with Terra's collapse, has moved to Serbia through Dubai, according to CoinDesk Korea. And Bloomberg reports that at least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back.

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Consensus Magazine

At Pagkatapos Mayroong ONE

Sa isang kahanga-hangang anim na buwan habang ang taglamig ng Crypto ay nahirapan maging ang mga kumpanyang Crypto na pinondohan nang husto, ipinagtanggol ng Binance ang posisyon nito sa tuktok ng lahat ng palitan ng Crypto at ibinaba ang $40 bilyon na karibal nito, ang FTX. Kaya naman ONE si Changpeng Zhao sa Pinaka-Maimpluwensyang 2022 ng CoinDesk.

Still image from "1-800-CZ" (Aleqth/CoinDesk)

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CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund

Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Zhao tweeted a reply that the report was "false" shortly after. "The Hash" panel weighs in on the latest with the FTX contagion concern and Binance's initiative to contribute to the broader crypto industry.

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Crypto Exchange Binance Launching Recovery Fund to Help Rebuild Industry

Binance CEO Changpeng "CZ" Zhao says his exchange is setting up an industry recovery fund to help rebuild the industry, with support from Tron, Huobi Global and Poloniex. "The Hash" panel discusses Binance's latest initiative and what this could mean for the future of the crypto industry.

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Blockchain Association's Kristin Smith on Binance's Proof-of-Reserves Pledge

Crypto exchange Binance founder Changpeng "CZ" Zhao urged industry players to provide "proof-of-reserves" on the heels of a proposal to acquire rival FTX. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, weighs in, saying it's "a good idea... but it's nothing that U.S. exchanges, at least the major ones, aren't already doing."

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Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet

FTX CEO Sam Bankman-Fried is denying insolvency rumors plaguing the crypto exchange, tweeting in part "FTX has enough to cover all client holdings." This comes after CoinDesk revealed the balance sheet of FTX's sister company Alameda Research was loaded with FTX's native exchange token FTT. Binance CEO Changpeng "CZ" Zhao, a sizable owner of FTT, said his exchange would begin liquidating any remaining FTT it held on its books. CoinDesk Deputy Managing Editor Tracy Wang discusses the developments.

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