Crypto Biz: Binance’s CZ falls, Grayscale and BlackRock meet with SEC, and more By Cointelegraph
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Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto exchange in 2017 before resigning on Nov. 21 as part of a settlement with the United States Department of Justice (DOJ).
However, CZ wasn’t just the brain behind Binance — he might be the most important player in the whole crypto game. As such, his downfall represents more than just a personal setback; it’s another blow to the cryptocurrency industry’s global image and credibility.
Grayscale, BlackRock (NYSE:) met with SEC to discuss spot ETF details
Circle launches “bridged USDC standard” for deploying to new networks
Bittrex Global announces all trading will be disabled as it winds down operations
CoinGecko acquires NFT startup Zash
Continue Reading on Cointelegraph
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Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto exchange in 2017 before resigning on Nov. 21 as part of a settlement with the United States Department of Justice (DOJ).
However, CZ wasn’t just the brain behind Binance — he might be the most important player in the whole crypto game. As such, his downfall represents more than just a personal setback; it’s another blow to the cryptocurrency industry’s global image and credibility.
Grayscale, BlackRock (NYSE:) met with SEC to discuss spot ETF details
Circle launches “bridged USDC standard” for deploying to new networks
Bittrex Global announces all trading will be disabled as it winds down operations
CoinGecko acquires NFT startup Zash
Continue Reading on Cointelegraph
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