Daily Crypto News Nov 28: Binance Saga Unfolds: CZ's Resignation, $1B Outflows, $4B Tether Settlement, and Industry Reactions
Binance, a major crypto exchange, faces a series of events—Changpeng Zhao (CZ) stepping down and pleading guilty, $1 billion net outflows in 24 hours, a $4 billion Tether settlement with the DOJ, and regulatory challenges. Amidst this, Coinbase CEO suggests a turning point for the crypto industry, and BitMEX founder Arthur Hayes finds the U.S. treatment of CZ absurd. Explore the whereabouts of Hex founder Richard Heart and the rise of AI in DeFi through smart contract auditing by Lightning Cat.
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News Links 👇
https://decrypt.co/206873/binance-ceo-changpeng-zhao-step-down-plead-guilty
https://www.theblock.co/post/264204/binance-saw-1-billion-in-net-outflows-over-the-last-24-hours
https://decrypt.co/207141/binance-4-billion-tether-cold-wallet-doj-settlement
https://decrypt.co/207583/ceo-richard-teng-says-committed-binance-way-after-czs-guilty-plea
https://decrypt.co/207617/former-binance-ceo-cz-cant-leave-flight-risk
https://decrypt.co/207701/bitmex-founder-arthur-hayes-u-s-treatment-of-cz-binance-absurd
https://decrypt.co/207640/where-world-hex-founder-richard-heart
https://decrypt.co/207648/ai-defi-smart-contract-auditor-lightning-cat
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