Chinese President Xi Jinping graced the Asia-Pacific Economic Cooperation (APEC) summit's American business dinner post-event, attracting a high-profile ensemble. Attendees ranged from U.S. President Joe Biden to tech giants Apple's Cook and Tesla's Musk, along with financial heavyweights Dalio and Fink. An industry insider noted, "Almost all top 20 U.S. companies in China were present," marking a congregation of noteworthy figures.
Reports suggest the dinner's value soared to $40,000, underscoring its opulence. Amidst dialogue with the U.S. business community, President Xi proposed initiatives such as expanded China-U.S. direct flights, high-level tourism talks, and streamlined visa processes. Foreign media highlighted Xi's bid to woo American businesses during China's dwindling foreign investment phase.
In an unexpected turn, a cryptocurrency twist stole the spotlight. Fox News footage, intending to feature Citadel Securities' CEO Zhao Peng, mistakenly showcased Binance's Zhao Changpeng (CZ), inciting animated discussions in online crypto circles.
CZ's witty response to the mix-up added a humorous touch to the incident.
Wrong photo…
The intern probably just did a Google search, and thinks all Asians (especially with similar names) look the same...
USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.
AnaisCrypto donations in 2025 are expected to hit $2.5 billion, fuelled by digital wealth and better regulations. Binance co-founder CZ’s 1,000 BNB donation to Myanmar and Thailand’s earthquake relief highlights crypto’s rising role in global aid.
KikyoCZ launched "Pay to Reach" on ReachMe.io, letting users pay in BNB to message him with a guaranteed reply. Due to overwhelming spam, he raised the price from 0.04 BNB to 1 BNB, aiming for only 10 messages per day.
AnaisTrump’s trade war spurred a market downturn, wiping out billions in a day. Bitcoin fell below $85,000, Ethereum dropped 11%, and crypto lost $500 billion, erasing gains from his US Crypto Reserve announcement. Is this a brief dip or a deeper decline?
KikyoBinance founder CZ donated 150 BNB (around $100K) to support Argentine students hurt by the LIBRA token crash, which dropped 95% after President Milei's endorsement.
WeatherlyFour.Meme, a new meme coin platform, was hit by a security breach, resulting in a loss of $183,000 and a temporary halt in token trading. Despite the attack, the platform's user base grew rapidly, but the breach raised concerns about the security of meme coin launchpads.
AnaisGelephu Mindfulness City (GMC) in Bhutan has added Bitcoin, Ethereum, and Binance Coin to its strategic reserves to strengthen its economy and embrace digital assets. The move follows the introduction of new laws to regulate digital asset services and is part of Bhutan's broader strategy to expand its role in the cryptocurrency market.
AnaisBinance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyLegal counsel representing Binance and CZ contended that the CFTC's legal actions could be interpreted as an effort to assume a role akin to the "world’s derivatives police."
KikyoAmid the SEC's objections to BinanceUS's attempt to acquire Voyager Digital, rumors have spread throughout the crypto community that Binance has called off the deal.
Bitcoinist
Coinlive The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty.
BitcoinistU.S. President Joe Biden ordered federal agencies in March to analyze the crypto industry in order to design better regulations protecting users.
Bitcoinist
BeincryptoOn July 7, the crypto community was surprised to find that Changpeng Zhao (CZ), the founder of the crypto exchange Binance, and Sam Bankman-Fried (SBF), the founder of FTX, actually mocked each other on Twitter.
链向资讯A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance.
CointelegraphBinance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco.
CointelegraphPointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Cointelegraph
