Markets

Binance is in talks with several sovereign wealth funds about taking a stake in the crypto exchange, report says

4 days ago   |   By

Chaopeng Zhang, Binance CEO. Binance
Binance chief executive "CZ" told the FT on Tuesday the company is in talks with several sovereign wealth funds.
The company is seeking investments but is wary of tying itself to specific countries, the CEO said.
He did not say which funds were involved but said the "ticket size" would not be small.
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Crypto exchange Binance has been in talks with sovereign wealth funds about potentially taking a stake in the company, chief executive Changpeng "CZ" Zhao told the Financial Times on...
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Elon Musk got into a Twitter spat with the CEO of Binance after Musk called the platform's handling of its dogecoin glitch 'shady'

4 days ago   |   By

Elon Musk got into a Twitter spat with Changpeng "CZ" Zhao. picture alliance / Getty Images
Elon Musk called the crypto exchange Binance's handling of its dogecoin glitch "shady" on Tuesday.
Binance has suspended dogecoin withdrawals due to a glitch after a network update.
Binance's CEO replied to Musk, asking about Tesla's recent safety recall of nearly 12,000 US vehicles.
Tesla and SpaceX CEO Elon Musk got into a Twitter spat with Changpeng "CZ" Zhao, the CEO of cryptocurrency exchange Binance, after Musk called the platform's handling of its dogecoin glitch "shady." Binance suspended...
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