Recently, Binance Coin (BNB) has been on a tear, surging to new highs.
Not only is the price of the coin strong, but there may also be some epic positive news:
Everyone still remembers the "astronomical" fine Binance paid to the US Department of Justice (DOJ) during its lawsuit—$4.3 billion.
In addition to paying money, the DOJ also did a trick: it dispatched a third-party "compliance supervisor" to supervise the site long-term. This supervisor is like the golden hoop around Sun Wukong’s head, repeating in his ear every day: “Is it compliant? Are there any problems with the transaction? Are there any loopholes in the process?” But in recent days, Bloomberg reported that the DOJ and Binance are in talks and may want to remove this “resident supervisor”! If he really does, it would mean that Binance has successfully obtained recognition from North American regulators, and has pledged its loyalty and can be considered an insider! CZ's little move: Returning to Binance in his profile Even more exciting is that CZ (Changpeng Zhao), who had been silent for a while, quietly added the "Binance" tag back to his profile on X (Twitter). You should know that CZ himself paid a huge price to reach a settlement with regulators: Resigning as CEO The settlement agreement required CZ to resign as Binance's CEO. He officially announced his resignation in November 2023, to be succeeded by Richard Teng. Fines CZ was personally fined $50 million. Criminal Charges and Sentence CZ pleaded guilty to a criminal charge of “failure to maintain an effective anti-money laundering program.” In April 2024, a U.S. federal court sentenced CZ to four months in prison. This sent shockwaves through the crypto community. The settlement terms and judgment clearly state that CZ cannot hold any management position related to Binance for a certain period of time. This is why you've previously seen him remove the "Binance" tag from his social media profiles. Now, he's added Binance back to his profile. This action is simply described in one word: cool! No further explanation needed; those who understand will understand—it's a silent declaration: I'm back!
Global crypto adoption is accelerating, and from Wall Street tycoons to retail investors, everyone is turning their attention back to this industry.
Binance has never been absent from key moments in the history of crypto development, whether it was the 1994 overseas expansion or the Defi summer, and this time is no exception
The external constraints are about to be removed, and the internal soul figure CZ will re-emerge.
In a word: Binance is still Binance, and CZ is still CZ.
Alex Mashinsky, former CEO of Celsius, has begun a 12-year prison sentence after pleading guilty to fraud and misleading investors about the company’s Earn Program. Celsius collapsed in 2022, leaving thousands of users unable to access funds, while Mashinsky and executives misused customer money to inflate the value of the CEL token.
WeatherlyKraken has launched trading of over 60 tokenized US stocks for European investors, allowing 24/5 access without traditional brokers. The platform has already seen $3.84 billion in trades and plans to expand support to multiple blockchains for easier global access.
AnaisTrump’s CFTC nominee, Brian Quintenz, released texts showing Tyler Winklevoss tried to influence his confirmation over a legal dispute between Gemini and the CFTC. Quintenz refused to make promises, and the messages emerged just before Gemini’s $3 billion IPO, raising questions about regulatory pressure from crypto executives.
WeatherlyThe SEC announced a plan to create clear rules for crypto, saying most tokens are not securities and introducing a framework for unified regulation. The agency also supports “super-app” platforms that combine trading, lending, and staking under one licence to encourage innovation while protecting investors.
AnaisA Texas court ruled that Nathan Fuller, who admitted running a crypto Ponzi scheme, cannot use bankruptcy to escape his debts. He now remains personally liable for more than $12.5 million owed to investors.
WeatherlyThe MIRROR token, inspired by Netflix’s Black Mirror, saw a strong initial rise before experiencing a sharp drop. Despite strong community support and backing from major crypto platforms, analysts warn that high volatility and untested governance make it a risky investment.
AnaisApple’s iPhone 17 introduces a new hardware-level security system to protect crypto wallets and Passkey approvals from memory-based attacks. The feature continuously monitors memory access, making it harder for attackers to exploit vulnerabilities, though users still need to follow safe practices.
AnaisOpenSea has doubled its trading fees from 0.5% to 1% ahead of the SEA token launch, with half of the fees going into a $1 million NFT and token rewards pool. The platform also unveiled a high-value NFT vault and new cross-chain mobile tools to boost user engagement and prepare for the token’s October release.
AnaisSam Bankman-Fried will appeal his 2023 FTX conviction on seven felony counts, with a hearing set for 4 November. His team argues the trial was unfair and customer funds were misrepresented, but overturning the 25-year sentence will be difficult given the evidence.
WeatherlyCoinbase has asked a US court to sanction the SEC after nearly a year of Gary Gensler’s text messages were deleted under an internal device policy. The exchange argues the loss hides key records on crypto regulation, while experts say the court’s decision could affect future enforcement cases.
Anais