Binance

Yzi Labs rebrand

Binance Labs Rebrands as YZi Labs, Expands Focus Beyond Crypto

On January 23, Binance Labs announced its rebranding to YZi Labs, signaling a significant shift in its operations and vision. This transformation reflects its expanded investment focus, including Web3, artificial intelligence (AI), and biotechnology, while retaining its commitment to blockchain innovation. The rebrand also aligns with Binance co-founder Changpeng Zhao’s (CZ) recent departure from Binance …

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TRUMP coinbase binance

$TRUMP coin to get listed on Binance and Coinbase

Cryptocurrency exchanges Binance and Coinbase announced the listing of $TRUMP, a memecoin promoted by President-elect Donald Trump, for spot trading. The coin is set to launch on Binance on January 19, 2025, at 8:30 UTC. The $TRUMP token was released by CIC Digital LLC, a Trump Organization affiliate known for previous branded ventures. The coin’s …

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Binance Launchpool’s First DeSci Project: BIO Protocol

Binance has unveiled BIO Protocol (BIO) as the 63rd project on Binance Launchpool, marking a significant milestone for Decentralized Science (DeSci). BIO Protocol aims to transform biotechnology by enabling global communities to fund, develop, and own tokenized biotech projects and intellectual property (IP). Users can stake BNB and FDUSD to earn BIO tokens starting December …

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Nigerian Court Denies Bail to Binance Senior Executive

A Nigerian court has denied bail to senior Binance executive Tigran Gambaryan, who faces money laundering charges. Detained at Kuje Correctional Center since February 2024, Gambaryan has struggled to secure his release. His defense team cited his worsening health, including a severe herniated disc requiring surgery unavailable in Nigeria’s prison system. Justice Emeka Nwite of …

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Changpeng Zhao Richard Teng

Changpeng Zhao will never lead Binance again: Richard Teng

Binance’s CEO, Richard Teng, has confirmed that former CEO Changpeng Zhao (CZ) is permanently barred from managing or operating the crypto exchange. Contrary to previous reports suggesting a three-year ban, Teng clarified that CZ faces a lifetime ban. CZ, who had been sentenced to four months in prison for violating the Bank Secrecy Act, is …

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Binance Palestine

Only certain Palestinian accounts frozen by Binance: Richard Teng

Binance has come under scrutiny after blocking a limited number of Palestinian user accounts linked to illicit funds. This action, clarified by Yi He, Binance’s co-founder and chief customer service officer, followed accusations that the company had seized all Palestinian assets at the request of Israeli authorities. Yi He responded to these claims on X, …

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CZ Zhao moved from prison

Binance founder ‘CZ’ Zhao moved from prison to halfway house.

Former Binance CEO Changpeng Zhao (CZ) has been transferred from FCI Lompoc II prison to the RRM Long Beach halfway house in California. This move led to confusion among X (formerly Twitter) users, who mistakenly believed CZ had been released early. However, he is still serving his sentence. The RRM Long Beach facility is a …

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Lawsuit CZ

New lawsuit against against CZ and Binance for laundering of stolen crypto.

Binance and its former CEO, Changpeng Zhao (CZ), are facing a new class action lawsuit from three crypto investors. The plaintiffs claim they couldn’t recover their stolen assets due to Binance’s alleged failure to prevent money laundering. The plaintiffs further allege that Binance played a crucial role in the money laundering process, violating the Racketeer …

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