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Build On BNB: $BOB Crypto Spikes 160% Is It The Next Binance Listing?
Welcome to the $BOB community! For those who are new, let me explain how things work here We’re a global family—spread across different countries and time zones. That’s why BOB never sleeps! Whether it’s day in Asia or night in the Americas, someone is always active. From Africa to Europe, the Middle East to Australia—we’ve got you covered. Fresh support is always available, no matter the hour. ❤️❤️❤️❤️❤️ And if I missed anyone, my sincere apologies!
The Binance-backed BNB Smart Chain is undergoing a resurgence right now, led by BOB Crypto (Build On Bob), a memecoin that has surged more than 160% over the past 24 hours. Rumours are circulating that the pump is due to it possibly being the next Binance listing.
BOB crypto launched in November 2024, and the BNB Smart Chain community quickly bought into it, making it the breakout meme coin on the network. However, not long after, Binance co-founder CZ revealed his dog’s name to be Broccoli, which quickly spawned its own meme coin that overshadowed BOB.
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Crypto Trader Makes Over $35 Million with 9,000% Profit in Under a Year.
Over the past decade and a half, the crypto trading industry has witnessed remarkable growth, evolving into a market with daily trading volumes in the hundreds of billions.
Among the countless trading stories, some shine brighter due to their extraordinary outcomes.
One such tale involves a trader who transformed an initial investment of $378,000 into an astonishing $35.2 million in just 11 months, highlighting the immense potential within the crypto market.
The crypto market has experienced a significant rally over the past two weeks, driving several cryptocurrencies to new highs.
This surge coincides with renewed investor optimism following Donald Trump’s electoral victory and Bitcoin reaching an all-time high of over $98,000.
Amid this optimism, a savvy crypto trader capitalized on the momentum, amassing a fortune through strategic trading in $OM , a prominent cryptocurrency. According to Lookonchain, the trader purchased 9.33 million OM tokens across three wallets at an average price of $0.04 each.
By holding these tokens for 11 months, the trader saw their value soar. Recently, they deposited 4 million OM on Binance while retaining 5.33 million OM, currently valued at $19.86 million. Together, these holdings amount to a total worth of $35.2 million, showcasing the incredible opportunities the crypto market offers.
Solana Retests Critical Support Amid Market Pullback – $200 Rally In Danger? $BTC $BNB
As the month nears its end, the crypto market turns momentarily red, with Solana ($SOL ) retesting a crucial support level that could determine its short-term performance. An analyst suggests that holding the current range over the weekend will be key for the long-awaited rally back to $200.
Solana Hits Multi-Week Low
Amid the crypto market pullback, most cryptocurrencies are recording a red Friday, with Bitcoin (BTC) and Ethereum (ETH) momentarily losing some key levels. Solana, one of the cycle’s leading Altcoins, followed the rest of the market and registered a 6% retracement in the daily timeframe.
SOL has seen a significant recovery from its multi-month downtrend, which led the token to hit a 14-month low of $95 during the early April retraces. Over the past month and a half, the cryptocurrency has reclaimed multiple crucial levels, setting the stage for a potential rally.
However, the cryptocurrency has struggled to reclaim the key $180 resistance despite hitting a three-month high of $187 a week ago. A reclaim of this key barrier could push SOL’s price toward the $200 mark, enabling a rally to new highs.
Today’s price action has sent Solana to a 22-day low of $156 after losing its $164-$180 price range and the $160 support zone for the first time since the May 8 breakout.
Trader and analyst Crypto Bullet shared a bearish outlook for Solana, suggesting that the token will underperform for the rest of the year. He highlighted SOL’s trading pair against ETH, noting that the cryptocurrency has been in a rising wedge in the weekly chart since the Q4 2024 rally.
Ethereum $ETH at Risk? Whale Activity and On-Chain Signals Hint at Further Correction.
Ethereum’s price action has demonstrated a pullback in recent days, reacting to broader market cues, including geopolitical developments. As of the time of writing, the asset is trading at $2,621, marking a 3.2% decline over the last 24 hours. The drop follows recent reports of a federal court reinstating US President Donald Trump’s tariffs, which appear to have triggered a brief wave of risk-off sentiment across the crypto asset space. Despite this short-term weakness, ETH remains up approximately 45% over the past month, supported by momentum built earlier in the quarter.
Large Ethereum Inflows to Binance Spark Caution
This latest pullback coincides with a notable increase in on-chain activity, particularly surrounding Ethereum transfers to exchanges. On May 27, an unusually large transfer of ETH was observed moving to Binance, a trend that has caught the attention of a CryptoQuant analyst monitoring potential profit-taking behavior.
Parallel to this, Bitcoin’s Net Unrealized Profit/Loss (NUPL) metric has reached a key level historically associated with market cooling phases, hinting that broader sentiment may be at a transitional point.
According to CryptoQuant contributor Amr Taha, Ethereum experienced a substantial net inflow of approximately 385,000 ETH to Binance beginning on May 27. This marks one of the largest daily exchange inflows for the asset in recent months.
Dogecoin price climbs 6% amid surge in network activity and bullish market.
Dogecoin has seen strong price action as crypto markets recover and key network metrics indicate rising trader interest.
Dogecoin ($DOGE ) has gained momentum, supported by bullish trends in the broader crypto market and growth in several network indicators. On Thursday, May 22, Dogecoin traded at 0.2410 dollars, up 6 percent over the past 24 hours.
The rally coincided with a spike in social media interest for Dogecoin, as traders once again express bullish sentiment. Among them is crypto trader and analyst Ali Martinez, who noted that Dogecoin may be on the verge of a potential breakout to 0.31 dollars.
Additionally, Dogecoin’s price has formed a head and shoulders pattern, a classic technical formation that often signals an upcoming breakout. The pattern, which developed over several weeks, pushed Dogecoin as high as 0.25 dollars. The asset now appears to be retesting support, with a potential upside target of 0.30 dollars.
Why is Dogecoin up on 6%?
Dogecoin’s rise partially reflects momentum across the crypto market. On the same day, Bitcoin broke to a new all-time high of 111,861 dollars. Most of the top 100 crypto assets were trading in the green, with several posting double-digit gains.
Beyond market-wide trends, Dogecoin is also benefiting from strong technicals and improving on-chain metrics. Notably, whales continue to accumulate the asset. Addresses holding between 1 and 10 million Dogecoin have added about 800 million tokens since the start of May.
Network activity has also surged. Active Dogecoin addresses rose by 990 percent over the past week. This sharp uptick came as Coinbase issued a wrapped version of Dogecoin, known as cbDOGE, on the Base network. This new version enables users to stake, trade, and lend their Dogecoin tokens on Base-based decentralized finance platforms.
Traders are also speculating on the potential approval of several Dogecoin exchange-traded funds, including proposed offerings from Grayscale and Bitwise. This has contributed to a growing bullish outlook among investors. #BinancelaunchpoolHuma #BinanceAlphaAlert
Ethereum $ETH Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns
Ethereum is holding firm above the $2,500 level after weeks of strong buying pressure and bullish momentum, despite having lost more than 60% of its value since December 2024. The asset’s resilience comes at a pivotal time: Bitcoin has officially broken its all-time high, triggering optimism that a new phase of the market cycle is beginning—one that could deliver explosive gains for altcoins.
For Ethereum to fulfill its usual leadership role in an altcoin rally, it must break above current resistance zones and confirm a recovery structure. As price action continues to develop, analysts are watching closely for signals that ETH is ready to outperform once again.
To illustrate just how deep the correction was, Sentora (formerly IntoTheBlock) shared a key metric: after Ethereum’s sharp sell-off that began in December, the share of addresses in profit plunged from over 90% to just 32% by April 2025. The rebound since then has been remarkable, but the road to a full recovery is still developing. If Ethereum can maintain support and reclaim higher levels, the stage may be set for a broader altseason that could reshape sentiment across the crypto market.
Volatility Grows: Ethereum Eyes A Breakout
Ethereum bulls have regained control after a turbulent few months, forming a bullish price structure as the asset attempts to reclaim the $2,700 level. The surge began with a clean breakout above $2,200, and despite recent volatility, Ethereum is showing signs of strength. On Sunday, ETH spiked above $2,550 before retracing to $2,400 in a sharp pullback. Since then, price action has stabilized, and with Bitcoin pushing into new all-time highs, Ethereum appears poised to follow.
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Tesla is rumored to be launching its own phone, which could challenge tech giants like Apple and Samsung. You’ve probably heard the buzz around this, right? Is it actually true or yet another fan theory? In this article, I will explain in depth the rumours surrounding this topic and whether this news is fact or fiction.
The internet has been whispering with talk of Tesla’s upcoming phone. As per the hearsay, this device will come with some futuristic features, like solar charging, Starlink internet connectivity, and even neural integration that will allow users to control the phone with their minds. But, for any of these features to be real, the phone itself would need to exist, right?
Elon Musk is no doubt a notorious guy, and his name often sparks curiosity, especially when the headlines are about him. This is one of the reasons a few years ago, a random social media post claimed that Tesla would soon be releasing a Pi phone, and before long, the rumor spread across the internet. Well, Musk is good at pushing the boundaries of technology, but this time, he has not given an official statement on this particular news. Most of the talk surrounding the Tesla phone comes from unverified sources or fan speculation.
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While most of the crypto market experienced a bullish rally, PumpBTC unexpectedly plunged 40%, a sharp decline that caught many investors off guard, especially amid positive listing news.
On Wednesday, April 23, PumpBTC, a DeFi token that recently launched on Binance, crashed 40% in 24 hours with no immediate news-based catalysts. The 40% crash came despite recent positive listing news. The same day of the crash, BingX listed the PumpBTC token on its spot crypto exchange. What is more, just one day prior, Korean crypto exchange Bithum also listed the token.
Binance listing hypes up PumpBTC traders
PumpBTC launched Binance Wallet on April 1, as one of Binance’s exclusive token generation events. The TGE was oversubscribed 247 times, with investors pledging 307,187 BNB, compared to the modest target of 1239.52 BNB.
Still, the hype resulted in a sudden crash after listing, with the token losing 60% as early investors took profits. Despite this, the token continued to rise in April, posting a 7.5x return on investment by April 21. Still, the speculative and hype-driven nature of such listings means that corrections may be inevitable.
PumpBTC is a DeFi protocol that claims it uses AI to find the best liquidity and staking opportunities across decentralized exchanges and pools. The platform also offers exposure to BTC-denominated staking returns, a product that recently became popular.
“Bitcoin staking” refers to investment products that track the price of Bitcoin, while also offering staking yields. As Bitcoin doesn’t natively give yields, BTC staking yields typically come from investment returns in DeFi markets. Other projects offering a similar service include Babylon Genesis and Solv Protocol.
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Binance Announces 68th Project on Launchpool: Initia (INIT)
Binance has announced that the 68th project on Binance Launchpool is Initia (INIT) — a Layer 1 blockchain platform that combines Layer 2 solutions.
Binance has unveiled Initia (INIT) as the 68th project on Binance Launchpool.
Users will be able to farm INIT tokens over a 6-day period by staking BNB, FDUSD, and USDC, starting from 00:00 (UTC) on April 18, 2025.
Create a Binance account here to enjoy trading fee discounts.
Start staking BNB, FDUSD, or USDC to earn INIT here.
INIT Listing Information
Binance will list INIT at 11:00 (UTC) on April 24, 2025, with the following trading pairs:
INIT/USDT INIT/USDC INIT/BNB INIT/FDUSD INIT/TRY
INIT will carry a Seed Tag label.
INIT Launchpool DetailsToken Name: Initia (INIT) Total Supply: 1,000,000,000 INIT Max Supply: 1,000,000,000 INIT Launchpool Rewards: 30,000,000 INIT (3% of total supply) 10,000,000 INIT will be distributed through future marketing campaigns post-listing (to be announced). 20,000,000 INIT will be allocated to further marketing campaigns 6 months after listing (to be announced). Initial Circulating Supply at Listing: 148,750,000 INIT (~14.88% of total supply) Smart Contract/Network Details: Will be available via Initia’s mainnet explorer at launch Listing Fee: 0 Launchpool Requirements: KYC completion required on Binance Hourly Harvest Limits Per User:BNB Pool: 17,708.33 INIT/hour FDUSD Pool: 1,041.66 INIT/hour USDC Pool: 2,088.33 INIT/hour Supported Pools:BNB Pool (available ~12 hours before launch): 25,500,000 INIT (85% of rewards) FDUSD Pool (available ~12 hours before launch): 1,500,000 INIT (5% of rewards) USDC Pool (available ~12 hours before launch): 3,000,000 INIT (10% of rewards) Farming Period: April 18, 2025, 00:00 (UTC) – April 23, 2025, 23:59 (UTC)
XRP Could Hit $6 as Wave 2 Correction Nears Completion
$XRP is on the verge of a major breakout toward $6, as technical signals and growing expectations around a Ripple ETF both point to a clearly emerging bullish trend.
Crypto market analysts forecast that XRP may soon surge to $6, as the Wave 2 correction phase, based on Elliott Wave theory, approaches its end—paving the way for a bullish trend. This momentum is supported by strong technical indicators and growing optimism over a potential Ripple ETF approval.
Currently, XRP is trading around $2.08, fluctuating between key support and resistance levels. According to Casitrades, XRP has shown solid support around the $1.90 and $1.55 levels in recent weeks. If the price holds above these zones, a reversal and strong upward move could follow.
A critical resistance level lies at $2.24, which corresponds to the 0.382 Fibonacci retracement. Breaking and maintaining above this level could trigger a strong rally toward price targets of $6, $9.50, and even $12—aligning with the 1.618 Fibonacci extension.
Technical indicators also support a bullish outlook. The MACD has given a buy signal, with the MACD line crossing above the signal line and the histogram turning green, indicating increasing buying pressure. The RSI remains in the mid-range, suggesting there’s still room for growth if buying momentum continues.
Additionally, analyst EGRAG CRYPTO notes that if XRP closes a full weekly candle above $2.25, it would confirm a bullish reversal, opening the way to short-term targets at $2.51 and $2.60.
However, short-term volatility remains a concern. Over 55 million XRP have recently been transferred to exchanges, which could create temporary selling pressure. Despite this, the longer-term outlook remains optimistic due to technical support and the growing anticipation of a Ripple ETF.
XRP Vs. Dogecoin: Analyst Reveals Price Action Levels For The Heavy Hitters
Crypto analyst Mindfully Lost has revealed price action levels for $XRP and Dogecoin $DOGE . He mentioned the resistance and support levels to keep an eye out for these heavy hitters amid this market downturn.
Price Action Levels For XRP And Dogecoin
In a TradingView post, Mindfully Lost stated that the range between $2.20 and $2.24 is the resistance level for the XRP price, noting that there is low volume around this area. Meanwhile, he revealed that the range between $1.92 and $1.95 is the major support level for the altcoin, as there is high volume around this area. The analyst told market participants to expect some consolidation through these levels.
Meanwhile, for Dogecoin, the crypto analyst revealed the range between $0.167 and $0.169 as the major resistance level for the meme coin, noting that there is low volume around that area. Meanwhile, the range between $0.148 and $0.151 is the major support level for DOGE, as there is high volume around that zone.
Besides Mindfully Lost, other crypto analysts such as CasiTrades have highlighted the $2 zone as being important for the XRP price. In a recent X post, CasiTrades remarked that XRP is still struggling at the $2.17 resistance, but lower supports are still valid.
The analyst revealed that there have been multiple failed attempts to break the $2.17 resistance. She added that this level continues to act as a strong ceiling and that if this rejection continues to play out, then the support at $1.90 and $1.55 remains firmly in play, indicating that the altcoin could still drop below $2.
XRP & DOGE Whales Have Been Busy
XRP and Dogecoin whales have been busy amid this market downtrend. In an X post, Martinez revealed that crypto whales have sold over 370 million XRP since the start of the month, presenting a bearish outlook for the altcoin. On the other hand, Dogecoin whales are actively accumulating.
Project 11 is offering 1 BTC to whoever cracks the longest Bitcoin key
Quantum researchers are offering 1 Bitcoin to whoever cracks the biggest "toy version" of a Bitcoin key using Shor's algorithm on a quantum computer.
Quantum computing research firm Project Eleven has launched a competition to see just how much of a threat quantum computing currently poses to Bitcoin.
Launching the competition on April 16, Project Eleven said it is offering 1 Bitcoin $BTC $84,342 to whoever cracks the biggest chunk of a Bitcoin key using a quantum computer within the next year.
Project Eleven said the purpose of the “Q-Day Prize” is to test “how urgent the threat” of quantum is to Bitcoin and to find quantum-proof solutions to secure Bitcoin over the long term.
“10 million+ addresses have exposed public keys. Quantum computing is steadily progressing. Nobody has rigorously benchmarked this threat yet,” Project Eleven wrote on X on April 16.
More than 6 million Bitcoin — worth around $500 billion — could be at risk if quantum computers become powerful enough to crack elliptic curve cryptography (ECC) keys, Project Eleven said.
Participants can register as individuals or as a team and have until April 5, 2026, to complete the task. The prize winner will win 1 Bitcoin, currently worth $84,100.
The aim is to run Shor's algorithm on a quantum computer to crack as many bits of a Bitcoin key as possible, acting as a proof-of-concept that the technique could scale to crack a full, 256-bit Bitcoin key once the necessary compute is available.
“The mission: break the largest ECC key possible using Shor's algorithm on a quantum computer. No classical shortcuts. No hybrid tricks. Pure quantum power,” Project Eleven said.
“You don't need to break a Bitcoin key. A 3-bit key would be big news,” it added.
No ECC key used in real-world applications has ever been cracked, noted Project Eleven, adding that the winner could “go down in cryptography history.”
Is The Storm Over For Ethereum? Analyst Says ‘Face-Melting’ Rally Comes Next
Ethereum ($ETH ) continues to hold a crucial support level after recovering from last week’s correction. Its recent bounce from historical demand zones has led some analysts to suggest that the altcoin is gearing up for a breakout.
Ethereum Holds Key Support
Ethereum has reclaimed the key $1,600 level after dropping below the $1,400 support for the first time since 2023. The second-largest cryptocurrency by market capitalization recently fell to a two-year low during last week’s correction, fueled by US President Donald Trump’s trade tariff war.
ETH touched $1,385 last Wednesday, retesting the 2018 all-time high (ATH) levels before recovering. Amid Trump’s 90-day tariff pause announcement, Ethereum jumped over 10% from $1,480 to $1,600, briefly nearing the $1,700 resistance. However, its price retraced to the $1,400-$1,500 support zone on Thursday amid the market’s volatility.
Over the weekend, the King of Altcoins recovered, hovering between the $1,580-$1,680 price range for the past four days. Ethereum has reclaimed the $1,600 support in the past 24 hours, fueling a bullish sentiment among some market watchers.
Analyst Ted Pillows noted that ETH might be getting closer to a breakout from its short-term downtrend line. According to him, investors could expect the cryptocurrency to hold the $1,550-$1,600 level now that global markets are gaining some strength. He considers holding this range could propel Ethereum’s price toward the one-month downtrend line. A breakout and confirmation of this resistance, at around $1,670, could set the base for a 20% jump toward the $2,000 resistance level.
Is ETH Out Of The Woods?
Merlijn The Trader suggested that ETH is gearing up for a breakout. The market watcher pointed out the cryptocurrency’s two-month descending channel, which could be “history” if volume surges.
The analyst considers that as Ethereum nears the channel’s upper boundary, “all we need now is volume” for a surge above the $1,690 mark, adding that a breakout from this level would target $2,700.
He also underscored that ETH’s double top formation was completed after “smashing” the $1,432 target, signaling that it “survived the storm.” Notably, the cryptocurrency confirmed this pattern, which developed within its $2,196-$3,904 Macro Range, following its March close below the $2,100 support.
After recovering from the recent lows, “Now comes the face-melting rally no one expects. $4,000 is only the beginning.”
Meanwhile, Rekt Capital highlighted that Ethereum’s Dominance has almost equaled old All-Time Lows. He explained that since June 2023, ETH’s Dominance has dropped from 20% to 8%, historically a reverse area for the cryptocurrency. #CanadaSOLETFLaunch
Canada Launches First Staking-Enabled SOL ETFs, Here’s Why Solaxy Is Key to $SOL ’s Future
Canada is now the first country to launch a Solana spot ETF with staking. The Ontario Securities Commission (OSC) has approved four asset managers to offer the new spot Solana: Purpose, Evolve, CI, and 3iQ.
Read on to discover how this development could affect the larger crypto market. We’ll also talk about the Solaxy presale and how it’s at the center of Solana’s potential rise.
ETF Race Heats Up
The SEC approved a Bitcoin-pegged ETF in the US back in January 2024. However, it’s still mulling over a staking-enabled ETF, and Grayscale’s proposal to introduce staking in its spot ETH ETFs is on hold. Canada has always been a step ahead of the US in this aspect. For instance, it launched its first Bitcoin ETF back in 2021.
A lot of this development can be credited to the pro-crypto Trump administration. The president’s open support for crypto, backed by increasingly relaxed legislation, promises to propel crypto to new heights.
The global ETF race is now heating up, with multiple applications pending with regulators. For example, the SEC is sitting on multiple applications for ETFs backed by different cryptocurrencies, such as Litecoin, XRP, Solana, and more. Hong Kong and Australia have also also launched their own crypto ETFs.
Solana’s Price Showing Strength
Besides the ETF buzz, Solana has also shown some technical strength over the last month. $SOL gained over 30% last week and is now trading at $133. Although still far from the $300 mark, a positive mini-rally has investors hopeful.
Binance to suspend deposit and withdrawal for BNB Smart Chain temporarily on April 17
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance.
According to a recent announcement, the major crypto exchange plans to perform wallet maintenance on the BNB bnb0.15%BNB Smart Chain starting from April 17 at 06:00 UTC. As a result, the network will be down temporarily as repairs are being made. This means that users will not be able to make deposits and withdrawals for the BNB Smart Chain for the time being.
The temporarily suspension will take place five minutes before wallet maintenance is set to begin. Therefore, deposits and withdrawals for BNB Smart Chain will be paused on April 17 at 05:55 UTC.
However, Binance claimed that users will still be able to trade BNB tokens while the wallet maintenance is taking place, as token trading will not be impacted by the network suspension.
Based on information in the notice, wallet maintenance is expected to take about an hour to complete. Though, this is not a guarantee that the suspension will be lifted after an hour. Binance stated that deposits and withdrawals will resume once the network is deemed stable enough.
Binance-backed KernelDAO faced a sharp sell-off right after its token KERNEL started trading on Binance following its token generation event.
KERNEL’s debut on Binance was met with a swift sell-off as Airdrop recipients offloaded their holdings. The token fell by nearly 44% to a session low of $0.262, bringing its market cap down to $48.6 million.
The launch triggered a frenzy of activity, with 24-hour trading volume surging to nearly $380 million. At the time, around 149.8 million KERNEL tokens were in circulation.
KERNEL began trading on April 14 with multiple pairs, including $KERNEL /USDT and KERNEL/$BNB . Beyond spot trading, Binance also rolled out KERNEL across other key services, like Simple Earn, Buy Crypto, Convert, Margin, and Futures with up to 75x leverage.
This listing followed Binance’s announcement that KERNEL was the fourth project on its Megadrop platform, which ran from April 9 to April 13.
Users who locked BNB in Simple Earn and completed Web3 quests got a share from the 40 million KERNEL airdrop, 4% of the total supply of 1 billion.
rewards and airdrops and 5% for ecosystem growth and partnerships. Meanwhile, 20% of the supply is split between private sales and team/advisors with a 6-month lock-up and 24-month vesting.
At launch, about 162.3 million KERNEL or 16.23% of the total supply, went into circulation.
KernelDAO had initially planned to launch the token in February 2025 but later pushed the launch to April 14.
Binance Founder CZ Hits Back at 'Smear' Allegations He Gave Evidence Against Justin Sun in Plea Deal Citing unnamed sources, WSJ reported Friday that CZ committed to testifying against Sun in exchange for leniency. $BNB
Former Binance CEO Changpeng Zhao, who goes by CZ, and Tron founder Justin Sun strongly denied a Wall Street Journal report claiming Zhao agreed to provide evidence against Sun as part of his 2023 plea deal with U.S. authorities.
Citing unnamed sources, the Journal reported Friday that Zhao, who served four months in prison after pleading guilty to money laundering violations, had committed to testifying against Sun in exchange for leniency.
A day before the WSJ article was published, Zhao posted about how a certain “baseless hit piece” about him was in the works.
Multiple people have told me again WSJ is writing another baseless hit piece about me. 4 😂
"WSJ is really TRYING here. They seem to have forgotten who went to prison and who didn't. People who become gov witnesses don't go to prison," Zhao tweeted Saturday, suggesting someone "paid WSJ employees” to “smear” him.
Sun, who faces separate SEC charges, echoed the denial. Sun called Zhao his mentor and “close friend,” and acknowledged how Zhao has "played a crucial role” in his “entrepreneurial journey.”
The WSJ piece appeared amid reports that Binance executives met with U.S. Treasury officials last month to discuss removing a U.S. monitor overseeing the exchange's compliance with anti-money-laundering laws.
Heads or tails
Binance has reportedly engaged in talks to list USD1, a stablecoin minted by World Liberty Financial, a decentralized finance venture backed by President Trump's family, where Sun is an investor.