Bloomberg:
Sources: Binance CEO Changpeng Zhao met with investors in Abu Dhabi last week to raise money for a crypto industry recovery fund — Binance Chief Executive Officer Changpeng “CZ” Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash …
Binance Blog:
Binance CEO Changpeng Zhao says Binance is not a Chinese company and rejects suggestions of it being secretly run by a Chinese national, Guangying Chen — One of the many strengths that our employees at Binance must possess is thick skin. After all, this industry is the subject of a lot …
Bloomberg:
Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital — Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector …
Kristin Majcher / The Block:
Brazil’s Chamber of Deputies has approved a longstanding crypto bill defining digital assets and their service providers; bill now requires president’s approval — – Brazil’s chamber of deputies finally approved a long-awaited crypto regulation bill. — The bill could now go to Brazilian President Jair Bolsonaro for approval.
Sam Reynolds / CoinDesk:
Binance announces a recovery fund to help “otherwise strong” projects facing a liquidity crisis; Justin Sun says Tron, Huobi, and Poloniex will support Binance — Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
Reuters:
Sources: in late 2020, the US DOJ asked Binance to provide extensive records on its anti-money laundering rules and communications by CEO Changpeng Zhao — U.S. federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal records …
Nilay Patel / The Verge:
Q&A with LinkedIn’s Chief Product Officer Tomer Cohen on the number of people hired via LinkedIn being a core metric, generative AI, regulation, and more — We dive into managing the relationships between designers, engineers, and PMs. … Tomer Cohen is the chief product officer at LinkedIn …
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