
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

August 9, 2024
ALPHA: What a Wonderful Worlde
August 9, 2024
AIRDROPS: Margin trading, no liquidation
August 2, 2024
AIRDROPS: Lend an asset
August 2, 2024
ALPHA: What a Wonderful Worlde
July 26, 2024
AIRDROPS: Apple + Moon
July 26, 2024
ALPHA: Make it Immutable
July 19, 2024
ALPHA: Are you an Old Soul?
July 19, 2024
AIRDROPS: On the Mantle
July 12, 2024
AIRDROPS: Stone age
July 12, 2024
ALPHA: Free ChampionsJul 28, 2025

Markets
Altcoins AVAX, OP, and WLD Climb As BNB Sets New All-time High
BNB set a new all-time high on Monday as it surged 7% on the day to a peak of $858, securing its place as the fifth largest cryptocurrency by market capitalization. The cryptocurrency has since retreated to $851, up 6.6% over the past 24 hours, according to CoinGecko data. It follows the announcement that a drug company is set to buy up $700 million worth of BNB, as the latest in the corporate crypto treasury trend. Alongside BNB's all-time high, other altcoins have jumped in value. Leading the...
May 30, 2025

Markets
Bitcoin, Ethereum Dip as Trump Tariffs Back on the Table
Bitcoin slipped almost 3% Thursday as the U.S. appeals court temporarily revived President Donald Trump’s controversial tariffs on Thursday, just hours after a trade court struck them down as unconstitutional. “The judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions papers,” the U.S. Court of Appeals for the Federal Circuit wrote in its May 29 ruling. The stay, which...
May 7, 2025

Coins
Bhutan Partners with Binance Pay for Its Tourism Ecosystem
The Himalayan country of Bhutan has partnered with Binance Pay to enable crypto payments throughout its tourism ecosystem. The integration, powered in conjunction with Bhutan’s local DK Bank, will reportedly allow tourists visiting the country to pay for things such as airline tickets, visa fees, hotel stays, monument entry, tour guides, and street food from roadside stalls with cryptocurrencies. Experience #Bhutan with the world’s first national crypto tourism payment system! Powered by Binan...
Apr 15, 2025

Coins
Binance-Backed DEX KiloEX Suspends Operations Following $7.5 Million Exploit
Decentralized exchange (DEX) KiloEX has suspended operations following a $7.5 million attack, which cybersecurity researchers attributed to a “price oracle exploit.” KiloEX launched in 2023, built on BNB Chain, opBNB, and Manta Network, and has received seed funding from Binance Labs, which invests in the Binance Coin (BNB) ecosystem. In a tweet, the DEX reassured users that the exploit has now been contained. KiloEX said it is “working with security partners to trace the flow of funds” and that...
Mar 27, 2025

Business
Binance Founder CZ Is Charging $125 in BNB for Messages on ReachMe
Binance founder and former CEO Changpeng Zhao, who goes by CZ, has introduced a new feature called “Pay to Reach,” allowing users to send direct messages to him for a guaranteed response—but for a price. The initiative, first floated by CZ in a Binance Square post early this month, seeks to address the overwhelming number of messages he receives daily. In theory, he says it will allow him to streamline communication and reduce spam. https://t.co/TEEwkPQFIa 18 days ago, I published an article in...
Feb 24, 2025

Markets
Binance Founder CZ Discloses Private Portfolio Loaded With BNB, A Little Bitcoin
Binance founder and former CEO Changpeng "CZ" Zhao made public his crypto holdings on Monday, revealing that 98.6% of his portfolio is composed of BNB, the exchange's native token, while about 1.3% is made up of Bitcoin. EURI and USDT represent another 0.17% and 0.03% of the portfolio, respectively, according to a pie chart Zhao posted to Binance Square, a crypto-native social platform, shortly after an X user challenged him to disclose his digital asset bag. The founder did not specify the fiat...
Dec 30, 2024

Law and Order
The Year in Crypto: Binance’s Nigerian Hostage Crisis
In a year of dramatic crypto stories, among the most striking was that of Tigran Gambaryan, a former IRS agent and Binance executive who was detained for eight months in Nigeria on charges of money laundering. Taking in daring escapes, courtroom collapses, and Congressional resolutions, the unfolding saga was akin to a Hollywood movie—but with very real consequences for those involved. Here’s how the story unfolded. Gambaryan, a U.S. citizen, joined Binance as the crypto exchange’s VP of Global...
Oct 4, 2024

Markets
Binance’s Market Dominance Slips to Lowest Point in Four Years Amid Regulatory Headwinds
Crypto exchange Binance is losing its lead over its competitors as its business faces regulatory headwinds across the globe, a new report from digital asset data provider CCData shows. The report, published on October 3, reveals Binance processed 36.6% of volume for spot and derivatives trading on centralized trading platforms in September, roughly 22% more than its closest competitor, OKX. Binance's spot trading volume dipped more than 20% last month, leaving it with a 27% share of the spot m...
Sep 6, 2024

Law and Order
CZ Banned From 'Any Present or Future Involvement' In Managing Binance
Former Binance CEO Changpeng Zhao has a lifetime ban from “managing or operating” the centralized crypto exchange, according to current CEO Richard Teng. Teng revealed that Zhao would be barred from managing the platform for life in an interview with Axios, which revealed that it was a "key condition" of the plea agreement between Binance and U.S. authorities. This comes after reports initially suggested Zhao would only be banned for a number of years. “Under the terms of the agreement, CZ is p...
Aug 15, 2024

Business
Binance Registers With India's FIU After Paying $2.25 Million Fine
Crypto exchange Binance has registered with India's Financial Intelligence Unit (FIU) as a reporting entity, after settling a $2.25 million fine with the agency earlier in the year. Binance CEO Richard Teng described the registration as an "important milestone" for the exchange in a statement shared with Decrypt, adding that "this alignment with Indian regulations allows us to tailor our services for Indian users." In a blog post, Binance announced that its app and website are now "fully availab...
Jul 2, 2024

Law and Order
Binance.US Says it Looks Forward to its Ongoing Fight With the SEC
Binance.US said Monday it looks forward to defending itself against the U.S. Securities and Exchange Commission following a court's decision to allow the regulator’s case against the crypto exchange to proceed. In a statement posted to social media platform X, Binance.US expressed confidence in its legal position while pushing back against accusations of securities violations. "We have always utilized the limited guidance that the SEC has offered to the crypto industry to operate our business i...
May 24, 2024

Law and Order
Binance Exec Hospitalized in Nigeria as $35 Million Money Laundering Case Is Delayed
After fainting in a courtroom earlier this week, Binance executive Tigran Gambaryan has been hospitalized in Abuja, Nigeria, where his money laundering case was adjourned, per Reuters. The largest crypto exchange’s head of financial crime compliance was denied bail earlier this month after being incarcerated in the region in late February. Spending over a month in Nigeria’s Kuje Prison, the executive reportedly appeared gaunt at trial earlier this week. Gambaryan’s lawyer said in a letter to tri...
Apr 22, 2024

Law and Order
Escaped Binance Exec Arrested in Kenya, Faces Extradition to Nigeria: Report
A Binance executive who fled Nigerian custody has reportedly been arrested in Kenya and faces extradition to Nigeria "this week." According to unnamed Nigerian government sources cited by local publication Punch, Binance regional manager Nadeem Anjarwalla "has been arrested in Kenya, and he’ll be extradited to Nigeria this week." Nigeria's Economic and Financial Crimes Commission (EFCC), the International Criminal Police, the Nigeria Police Force, and the Kenyan Police Service are reportedly in...
Apr 8, 2024

Long Reads
Detained Execs, Daring Escapes: How Binance's $35 Million Battle With Nigeria Unfolded
Binance’s operation in Africa's biggest cryptocurrency market is under intense scrutiny, with Nigerian authorities accusing the crypto giant and a host of other exchanges of infractions including currency manipulation and facilitating transfers of illicit funds. With one Binance executive in custody in Nigeria, and a second having fled the country after having been detained, Nigerian authorities have singled out the exchange for circumventing Nigerian laws and for tax evasion. According to court...
Apr 3, 2024

Law and Order
Nigeria 'Working With' Interpol to Extradite Binance Exec Who Escaped Detention: Report
Nigeria's federal government is "working with" the International Criminal Police Organization (Interpol) to seek the extradition of a Binance executive who escaped detention in the country, according to reports in local media. According to a government source quoted in local publication Punch, Nigeria's Economic Financial Crimes Commission (EFCC) is "partnering" with INTERPOL, the FBI and the British and Kenyan governments to secure the arrest and extradition of Nadeem Anjarwalla, Binance's regi...
Mar 29, 2024

Law and Order
Detained Binance Exec Sues Nigerian Goverment Over Human Rights Violations
A Binance executive detained in Nigeria has sued the government for violating his fundamental human rights. According to local publication Punch, Binance's Head of Financial Crime Compliance Tigran Gambaryan has filed a motion with the Federal High Court in Abuja, seeking a declaration that the seizure of his passport contravened Nigeria's constitution. Gambaryan has also asked that the Office of the National Security Advisor (ONSA) and the Economic Financial Crimes Commission (EFCC) be compelle...
Dec 5, 2023

Business
Binance CEO Richard Teng: Compliance Controls Were 'Inadequate'
Newly appointed Binance CEO Richard Teng attempted to draw a line under the crypto exchange’s past issues, conceding that compliance controls were “inadequate” and arguing that the company could “move past a challenging chapter.” Speaking at the Financial Times Crypto Winter Summit, Teng said that, “The compliance controls that we had in those early days were inadequate for the size of company we were becoming very quickly,” acknowledging that, “there were mistakes made.” He claimed that the exc...
Nov 27, 2023

Law and Order
Former Binance CEO CZ Can’t Leave US Until Court Decides If He’s a Flight Risk
Changpeng "CZ" Zhao, former CEO of crypto exchange Binance, must stay in the United States for now, a federal judge ruled Monday. This comes after Zhao pleaded guilty last week to violating the Bank Secrecy Act. The decision puts on hold an earlier ruling that would have allowed Zhao to return to his family in the United Arab Emirates while awaiting sentencing in February 2024. Prosecutors argued Zhao poses a flight risk, given his wealth and the lack of an extradition treaty with the UAE. Last...
Sep 8, 2023

Business
Binance CEO Brushes Off 'Negative News' Amid Executive Departures
Following a spate of executive departures from Binance, the crypto exchange’s CEO Changpeng ‘CZ’ Zhao took to Twitter to dismiss “negative news” and rumors surrounding the company. In a post on the social media platform, now renamed X, Zhao dismissed reports of “bank runs, lawsuits, closing of fiat channels, product wind downs, employee turnover, exit markets, etc.,” as “FUD” (Fear, Uncertainty and Doubt). Binance has seen a number of top executives depart the company in recent months, with exec...
Jul 14, 2023

Business
Binance Slashes Staff But Says Reports of Thousands Being Cut Are 'Way Off'
Binance is reportedly giving thousands of employees the chop—just months after saying it would be “seeking to fill hundreds of open roles” and was “reevaluating” its headcount, as the company faces the toughest legal scrutiny of its six-year existence. The world’s biggest cryptocurrency exchange told Decrypt that it had laid off staff but would not confirm the amount. Binance CEO Changpeng ‘CZ’ Zhao then said on Twitter that “the numbers reported by media are all way off.” The Wall Street Journ...