CryptoNews

US Prosecutors Urge Court to Keep Binance's Ex-CEO in the Country Amid Flight Risk Concerns – Bitcoin News

In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks to Restrict Ex-Binance CEO’s Travel Before Sentencing A recent court filing reveals that U.S. prosecutors…
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CryptoNews

Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao's Exit – Exchanges Bitcoin News

After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social media platform X, assuring that under his stewardship, Binance will “continue to meet and exceed the expectations of stakeholders.” Richard Teng Assumes…
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CryptoNews

Stitch Launches Payment Service Allowing Customers to Settle With Crypto in South Africa – Africa Bitcoin News

A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with bitcoin (BTC) or ether (ETH). Local Businesses to Receive Payment in Local Currency A South African payments service provider, Stitch, has reportedly launched a…
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Cleantech & EV'sNews

Elon Musk takes zealot stance against union as Tesla strike expands in Sweden

Elon Musk is reportedly taking a zealot stance against union amid a strike in Sweden expanding and potentially now crippling operations for Tesla in the country. Earlier this month, Tesla service workers in Sweden started striking in order to get included in a collective agreement. The automaker has always had a hard stance against unions and it had been able to fend off unionization efforts at…
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