Exciting this week! š Binance was fined $4.3 billion by the US Department of Justice and CEO Changpeng Zhao (CZ) resigned. Here's the summary:
- Binance paid the fine without admitting wrongdoing
- CZ admitted that he failed to implement anti-money laundering policies
- Binance Coin (BNB) fell 20% after this news
- Bitcoin fell by $2,000, but has now risen again above $38,000
Want to know more? Come on, discuss in the comments column! š
Other news:
1. Richard Teng becomes the new CEO of Binance
2. Raiffeisen Bank Austria will offer crypto services to retail customers starting January 2024
3. OpenAI CEO Sam Altman returns after being fired
4. Tron founder Justin Sun confirms security flaw in $86.6 million HTX and HECO Cross-Chain Bridge
5. More than 80% of Bitcoin supply is profitable again, even though Binance is hit with a large fine
What do you think? Will the crypto market continue to rise? Come on, give your opinion in the comments column!
