changpeng zhao
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Tech News: 5 Things to Know in Australia Today
From jail time for the Binance founder to TPG calling on government to crack down on scams, here are five things headlining tech news in Australia.
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Binance Says U.S. Law Doesn’t Control The World, Seeks to Dismiss CFTC Suit
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US. “U.S. law governs domestically but does not control the world. Congress did…
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Gulp: Bitcoin Prices Haven’t Dropped This Low Since December 2020
The 2022 Summer of Terror continues to scorch the cryptocurrency industry. Just as some eagerly hoped the worst might be over, prices of Bitcoin Wednesday hit yet another grim milestone, dropping to an 18-month-low.
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32 Angry Consumer Complaints to the FTC About Binance
Binance, the largest cryptocurrency platform in the world, has processed over $US5.4 ($7) trillion in crypto transactions so far this year. But financial regulators around the globe have recently taken aim at the Cayman Islands-based company and the Wild West attitude of platforms that sell cryptocurrencies like bitcoin, dogecoin, and ethereum, among thousands of others.