Diabytes
Binance News
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Changpeng Zhao, the founder and ex-CEO of Binance, has a net worth of around $43 billion.
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The nine crypto exchanges in question are Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfenex.
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Richard Teng, Binance’s former global head of regional markets, will be the exchange’s new CEO, Zhao said in a post on X.
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Binance's Brian Shroder will be replaced by general counsel Norman Reed, who joined the company in December 2021, on an interim basis.
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Changpeng Zhao was born in China's Jiangsu province in 1977.
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Crypto exchange giant FTX collapsed after founder Sam Bankman-Fried filed for US Bankruptcy protection, following which his flight has become the most tracked flight on November 12.
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ED froze accounts to the tune of of Rs 21.14 crore of OctaFX India Private Ltd.
ED is probing in illegal Online Forex Trading under FEMA violation.
OCTAFX and its website have not been authorized by RBI to deal in Forex Trading.
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Coinbase Global Inc said on Tuesday it would cut about 1,100 jobs.
BlockFi and Crypto.com have also slashed hundreds of jobs.
Meta Platforms and Intel Corp also tapped the brakes on hiring.
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Cardholders of sanctioned Russian banks would not be able to use them on Binance.
EU is studying whether crypto assets are being used to get round financial sanctions imposed on Russian banks.
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Binance had the largest cryptocurrency exchange in the world in terms of trading in April 2021
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WazirX allows a wide range of cryptocurrency transactions.
It does not collect the requisite documents in clear violation of Anti Money Laundering guidelines.
Users of WazirX via its pool account have received incoming cryptocurrency worth Rs 880 crore from Binance accounts.
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