#ETHBreaks2k Founded in 2017 by Changpeng Zhao (CZ), Binance is the world's largest cryptocurrency exchange by trading volume. It offers diverse services, including spot/futures trading, staking, NFTs, and Web3 tools via Binance Smart Chain (BSC). Its native token, BNB, fuels transactions and discounts. Operating globally, Binance faces regulatory challenges in the EU, US, and Asia, leading to a 2023 $4.3 billion settlement with US agencies, requiring CZ to step down as CEO. Headquartered in multiple jurisdictions (e.g., Malta, UAE), it emphasizes security but has faced hacks. Binance Academy, Charity, and Labs support education and blockchain startups. Despite controversies, it remains a crypto industry leader.