Binance

For the first time since the CZ-Trump scandal broke the news, Binance CEO has stepped out to deny all allegations that the exchange has supported the controversial USD1 stablecoin, linked to President Trump's crypto business.

Days after a false rumor surrounding Binance founder Changpeng “CZ” Zhao which have cause a mass liquidation of the ASTER token which resulted in a 16% price freefall, the Binance founder is coming forward with a grand gesture to regain the trust of its users.

Binance CEO Changpeng Zhao has secretly deleted a post in which he denied involvement in Kyrgyzstan’s newly approved Bereket Bank, a private digital asset-focused institution aimed at attracting foreign investment. The move comes shortly after Kyrgyz President Sadyr Japarov publicly announced that Zhao had proposed creating the crypto-focused bank during a May 2024 meeting.

President Donald Trump has claimed that he doesn't know the Binance founder CZ despite personally granting him a presidential pardon just weeks ago. The remark, made during a 60 Minutes interview on Sunday, has drawn widespread disbelief, given Zhao’s central role in the global crypto industry and his high-profile conviction in the U.S.

A single rumor sent shockwaves through the crypto market this week. On October 30, ASTER — the native token of decentralized platform Aster — nosedived nearly 17% in just hours after false claims surfaced online that Binance founder Changpeng “CZ” Zhao had dumped 35 million ASTER tokens.

Binance founder Changpeng “CZ” Zhao is threatening to sue U.S. Senator Elizabeth Warren for defamation after Warren accused him of money laundering in a viral post on X (formerly Twitter). Zhao’s legal team, led by attorney Teresa Goody Guillen, has issued a formal demand for Warren to retract her statements, warning that a lawsuit will follow if she does not comply.

Binance is giving traders a sharper lens into blockchain behavior. The crypto exchange has integrated Bubblemaps’ blockchain analytics tools into its Web3 Wallet, allowing millions of users to visualize token distribution, wallet clusters, and insider trading patterns directly from their interface.

Binance founder Changpeng “CZ” Zhao has warned crypto investors not to buy the new CZ-themed memecoin launced to capitalised on his popularity, adding that celebrity-linked memecoins like this has not real utility.

U.S. Representative Ro Khanna (D-Calif.) is moving to introduce landmark legislation that could make it illegal for members of Congress to own, trade, or launch cryptocurrencies — a first-of-its-kind move that may reshape the relationship between Washington and the digital asset industry.

Trump has granted Binance's founder, Changpeng "CZ" Zhao a full pardon, but not without a hefty price. According to multiple reports, CZ's pardon came only after one of the most expensive lobbying pushes in recent history, with Binance allegedly spending hundreds of thousands of dollars to secure his release.