‘Another Day In Crypto,’ Warns Binance CEO After ‘Nightmare’ Bitcoin Futures Spike To $100,000 . by Judie Simms. August 7, 2020. in Bitcoin. 0. 1.1k. SHARES. 3.9k. VIEWS. Share on Facebook Share on Twitter. Bitcoin, after all of a sudden hovering early final week, had a troublesome day final weekend. The bitcoin price briefly topped $12,000 solely to flash-crash early on Sunday morning ... For reference, Binance received funding from Singapore's state fund back in October 2018. Vertex was a strategic partner which assisted in bringing the platform to Singapore. It was also stated that Binance would also be able to expand its footprint far beyond Singapore thanks to a partnership with Vertex. Binance founder and CEO Changpeng Zhao (CZ) revealed major plans to roll out more cryptocurrency exchanges across the globe while speaking at Consensus: Singapore 2018. He says, if all goes according to plan, Binance may have as many as 5-10 fiat-to-crypto exchanges around the world, with two on each continent, except for North America, by this time […] At the time, the total haul was valued at roughly $40 million. Binance CEO Changpeng “CZ” Zhao was quick to reassure their user base by stating that the exchange will cover the damages through the Secure Asset Fund for Users, or SAFU. Nevertheless, some Binance Coin (BNB) holders panic-sold under the assumption that CZ would dump BNB to pay ... Around the time when the CoinMarketCap story was just taking shape, future founder of Binance, Changpeng “CZ” Zhao, was living in Shanghai and getting interested in Bitcoin. He joined Blockchain.info as head of development and spent eight months working closely with well-known Bitcoin evangelists like Roger Ver and Ben Reeves. He also spent less than a year at OKCoin, a spot trading ... Nevertheless; altseason seems to be returning. And this time, it’s bringing TikTok for the ride. Binance’s CZ on why this altseason will be different. Binance founder Changpeng Zhao, popularly known as CZ in crypto circles, tweeted June 8: Not all alts will pump during the next #altszn. If a project has been around for 3 years but not much ... Binance, one of the biggest exchanges by trading volume, is attempting to expand its services to Singapore with a new license application, Bloomberg reported on 16 February.. According to the report, Binance has already applied for an operating license in Singapore under the island state’s new Payment Services Act 2019 (PSA), which was passed in late January.
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