As regulatory investigations loomed, Binance CEO Changpeng “CZ” Zhao considered the possibility of shutting down the cryptocurrency exchange’s U.S. subsidiary earlier this year to protect the broader company, according to a report by The Information.   The board of directors of Binance.US, the American affiliate of the cryptocurrency exchange giant, reportedly deliberated on the decision …

Binance Contemplated Closing U.S. Exchange to Safeguard Global Operations. Read More »

Xin Jiang, a former Binance veteran and founding partner at OFR (Old Fashion Research), has shared insights into the evolving landscape of web3 investments. Xin Jiang suggests that the primary and secondary markets have reached a bottom, making it an opportune time to invest in Web3 technologies. Key highlights from Xin Jiang’s perspective include: Promising …

Ex-Binance VC Identifies MemeFi, TwitterFi, and TelegramFi as Dominant Players in the Next Web3 Cycle Read More »

In a resounding display of community support, a governance vote has given the green light to a pivotal proposal for dYdX.  The proposal, which paves the way for dYdX version 4, designates DYDX as the primary Layer 1 token for the forthcoming dYdX blockchain.   The momentous vote, conducted on the Snapshot platform, concluded on …

DYDX Token Unanimously Approved as Native Asset for Upcoming dYdX Chain Read More »

The London Stock Exchange Group (LSE) is intensifying its efforts to create a blockchain-driven trading platform, as confirmed by a senior executive in a recent statement to the Financial Times.   Murray Roos, the head of capital markets at LSE Group, revealed that the organization has entrusted Julia Hoggett, head of the London Stock Exchange, …

London Stock Exchange Group Explores Blockchain-Powered Trading Venue Read More »

Binance, the cryptocurrency exchange, is grappling with yet another senior executive departure amidst ongoing regulatory challenges. Mayur Kamat, who held the position of Binance’s global head of product and design, has resigned, according to a source familiar with the situation. A Binance spokesperson confirmed Kamat’s departure, expressing gratitude for his role in guiding Binance through …

Binance Faces Departure of Global Head of Product Mayur Kamat Amid Regulatory Pressure Read More »