Binance CEO: Recent Market Declines Are Not a Long-Term Negative Trend

August 8, 2024 Bitcoin.com

Binance

Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate cuts and geopolitical volatility as key influences, urging individuals to stay informed and proactive. Richard Teng Discusses Market Declines, Advises Caution […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance CEO Says Crypto Not Entering ‘Long-Term Negative Trend’ Despite Sharp Market Correction

August 6, 2024 The Daily Hodl

Binance

The chief executive officer of the world’s largest crypto exchange says that crypto’s latest crash is likely to be short-lived. According to Binance CEO Richard Teng, outside forces are currently shaping the digital asset markets. “Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of […]

The post Binance CEO Says Crypto Not Entering ‘Long-Term Negative Trend’ Despite Sharp Market Correction appeared first on The Daily Hodl.

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals

July 12, 2024 Bitcoin.com

Anniversary

Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes, Challenges, and the Road Ahead In his reflection shared with Bitcoin.com News, […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong

July 10, 2024 Bitcoin.com

Binance

Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term fundamentals and urged the community to stay focused and continue building despite market fluctuations. Binance’s […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance CEO Shares Key Tips for Investors Getting Into Crypto

June 28, 2024 Bitcoin.com

beginning crypto

Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave. Binance’s CEO Shares Tips for New Crypto Investors Binance CEO Richard Teng […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance CEO Richard Teng Says Crypto Exchange Has Frozen $5,300,000 in Digital Assets Linked to BtcTurk Hack

June 24, 2024 The Daily Hodl

Binance

Binance CEO Richard Teng says the world’s largest crypto exchange is helping in the probe of hacked Turkish cryptocurrency market BtcTurk. In a post on the social media platform X, Teng says that Binance is assisting BtcTurk in the investigation and has so far frozen over $5.3 million worth of the stolen crypto assets. “Our […]

The post Binance CEO Richard Teng Says Crypto Exchange Has Frozen $5,300,000 in Digital Assets Linked to BtcTurk Hack appeared first on The Daily Hodl.

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance assists BtcTurk attack probe, freezes $5.3M in ‘stolen funds’

June 23, 2024 Coin Telegraph

<div>Binance assists BtcTurk attack probe, freezes .3M in 'stolen funds'</div>

Coin Telegraph

Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.

Cryptocurrency exchange Binance is allegedly assisting in investigating a malicious attack against Turkish crypto exchange BtcTurk, with over $5 million in stolen funds frozen at this stage, according to Binance CEO Richard Teng.

“Binance is assisting BtcTurk with investigations and have frozen over $5.3M in stolen funds so far,” Teng wrote in a June 22 X post.

BtcTurk, with over 5 million users according to its website, stated that the attack primarily affected holdings in hot wallets — software-based crypto wallets linked to the internet. Hot wallets, although more efficient for frequent transactions, are more vulnerable to malicious hackers compared to offlcold storage.

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

June 14, 2024 Bitcoin.com

Binance

Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The momentum continues to be very strong, which is a very encouraging sign for us … Other […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Top Crypto Exchange Binance Reaches 200,000,000 User Milestone

June 10, 2024 The Daily Hodl

Binance

The world’s largest crypto exchange has reached a new milestone despite facing legal and regulatory battles. In a post on social media platform X, Binance thanks members of its community for helping the crypto exchange achieve a global user base of over 200 million. “Today, we celebrate 200 million – and it’s all because of […]

The post Top Crypto Exchange Binance Reaches 200,000,000 User Milestone appeared first on The Daily Hodl.

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Nigeria’s foreign investment at risk due to Binance bribery allegations

May 12, 2024 Coin Telegraph

Binance

SBM Intelligence emphasized that detaining foreign business officials could make it challenging for the country to attract investors.

SBM Intelligence, an Africa-focused risk consultancy firm, has warned that Binance CEO Richard Teng’s bribery allegations against Nigerian government officials could impede the country’s foreign investment efforts.

In its assessment of recent events and their economic implications, which was shared with media publications, SBM Intelligence noted that the circumstances surrounding the detention of Binance officials in Nigeria send a discouraging message to foreign investors, potentially undermining confidence in the country’s investment landscape.

On Tuesday, May 7, Cointelegraph reported that Teng alleged that some unknown persons sought a cryptocurrency bribe from its executives, Tigran Gambaryan and Nadeem Anjarwalla, before their detention on Feb. 28, 2024.

Richard Teng

Share this video