CZ: I Hold Almost No Fiat, Use Crypto for Everyday Spending
Binance founder Changpeng Zhao said on December 13 that he holds almost no fiat and uses crypto assets for everyday…
BNB is the native utility token of the BNB Chain ecosystem, a multi-chain network that supports decentralized applications and the transfer of value across its architecture. Functioning as the primary medium for paying transaction gas and smart contract deployment fees, BNB also grants users tiered trading fee discounts on the Binance centralized exchange. The ecosystem combines a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a unified settlement and data availability layer. The network relies on a Proof of Staked Authority consensus mechanism, in which a set of 21 active validators, referred to as the Cabinet, verify transactions and produce blocks at roughly three-second intervals. Validators are elected daily according to the amount of BNB staked or delegated to them, and the protocol applies slashing penalties to maintain security. Token supply is managed through a programmatic dual-burn strategy that permanently removes tokens via real-time fee destruction and quarterly buybacks. Launched in 2017 alongside the Binance exchange with an initial supply of 200 million tokens, BNB began on Ethereum before migrating to its own EVM-compatible infrastructure. Its current utility spans gas payments, staking, and on-chain governance participation.
Binance founder Changpeng Zhao said on December 13 that he holds almost no fiat and uses crypto assets for everyday…
Michael Saylor argued at the June 12 Bitcoin Corporate Day event that investor confidence in Ethereum has collapsed…
VanEck has launched the first U.S. spot BNB ETF on Nasdaq under the ticker VBNB, giving traditional brokerage investors…
The lead over Ethereum ($529M) and BNB Chain ($451M) is the real signal: public capital is consolidating around ecosystems where developer activity and user bases are already measurable, not promised.
The retail skew is hard to miss: 81% of participants wrote tickets under $20K, but the $20K-$100K cohort alone supplied 58% of the dollars — a distribution profile closer to a private-placement book…
The bounce isn't just crypto — Brent fell 2%, Kospi jumped 8.4%, and gold/silver surged as markets priced a 100-day conflict ending within the week.
BSP is making explicit what the SEC's sandbox approval did not: StratBox participation is not a license to operate, and Binance must clear a second, separate regulator before it can onboard a single…
Not a smart-contract bug — a single developer laptop compromised by malware exposed the admin hot wallet plus six Safe owner keys across Ethereum and BSC, draining over $31M.
The breach wasn't a novel attack — it was a textbook custody failure on a project backed by Pantera and Jump Crypto, and the recovered token price is still a third of pre-breach levels.
The chip-led bounce that hammered crypto last week is back — but the beta that drove the selloff hasn't flipped positive yet, leaving majors still deep in the red on the week.
Every one of the 20 constituents traded lower, with majors like BTC and BNB leading the losses and ICP and NEAR lagging sharply — a clean risk-off tape across the basket.
Over $500 million was liquidated from the cryptocurrency market in the span of a single hour, a cascade that swept…
If the bull case lands, tokenized equities and stablecoin-settled stock trading pull a $2T–$5T annual capital flow into global equity markets — with nearly 93% of Binance's stock trading base already…
Fifteen of the twenty assets traded green, but a sharp BCH sell-off dragged the broad index into the red for the session.
The October 2024 exploit drained $51M across Arbitrum and BNB Chain, and 18 months later the omnichain money market says it cannot raise fresh capital — another casualty in a record-breaking year for…
A single wallet's 5,000x win lands in a memecoin sector down to $32B from a $150B December peak — extreme winners still surface, but the backdrop is thin liquidity and most tokens underwater.
XLM led the broad-based index with a double-digit weekend rally, while BNB added nearly 8% — but NEAR and BCH gave back ground, leaving the index up just 0.2%.
Zero-commission US stock trading paid in stablecoins plus on-chain tokenized shares on BNB Chain is the most concrete move yet toward Binance's stated 'multi-asset super app' thesis.
The 3,329x return came from a low-liquidity BNB Chain token most retail never sees — the kind of asymmetric bet that only prints when position size is microscopic and patience holds.
Binance is rolling out a feature that allows users to convert holdings in US-listed stocks into tokenized equivalents…
BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network.
BNB (BNB) launched on 2017-07-08.
BNB (BNB) is categorised as: Alleged SEC Securities, Centralized Exchange (CEX) Token, Exchange-based Tokens.
The official BNB site is https://www.binance.com.
Most recent BNB coverage: "CZ: I Hold Almost No Fiat, Use Crypto for Everyday Spending" — read at /en-US/a/cz-holds-almost-no-fiat-uses-crypto-for-everyday-spending.