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Binance Holdings Ltd., branded Binance, is a global [8] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan ...
In April 2019, Binance launched Binance Smart Chain, which has smart contract functionality and is an Ethereum competitor. In February 2018, Forbes placed him third on their list of "The Richest People In Cryptocurrency," with an estimated net worth of $1.1-2 billion. [14] [16] In 2019, Zhao launched Binance's U.S. affiliate, Binance.US. [17]
Binance: 2017 Japan: Unknown bitcoin exchange, wallet provider [1] Bitcoin.com: 2010 Japan: Tokyo: bitcoin exchange, wallet provider [citation needed] Bitfinex: 2012 Hong Kong: bitcoin exchange, digital currency exchange, electronic trading platform [citation needed] BitGo: 2013 United States: San Francisco: multisignature security platform for ...
Binance Holdings, operator of the largest cryptocurrency exchange in the world, pleaded guilty to U.S. criminal charges that it violated the Bank Secrecy Act and other laws and will pay $4.3 ...
CommEX, which hasn’t publicly disclosed information about its CEO or where it’s registered, agreed to purchase Binance’s Russian entity.
A Gulf Energy investor presentation from the first quarter of 2023 states that Gulf Energy owns 51% of the new exchange, with Binance ... Binance's decision to launch an exchange in Thailand comes ...
[32] [31] The sale of Binance's holdings in FTT, compounded with the low trading volume of FTT and the enmity between Zhao and Bankman-Fried, resulted in the price of the token plummeting. [33] [34] [35] Binance had received FTT from FTX in 2021 during a transaction in which FTX bought back Binance's equity stake in FTX. [36]
In response to a request for comment about Zhao's release, a Binance spokesperson wrote: "We are delighted that CZ will be home with his family. While he is not managing or operating Binance, we ...