Quantcast

CZ on donation plan for $Libra rug pull victims: 'I will donate 150BNB'

CRYPTO NEWS AROUND THE GLOBE
Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold
How Coinbase’s Base dethroned Arbitrum as top Ethereum layer 2
BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average
Google weekly relative search volume for 'bitcoin' hits lowest level in a year
The 15 years of Bitcoin immortalized thanks to The Bitcoin Masterpiece, by Frederic Imbert
UK, Colombia crypto exchanges linked in TD Bank record fine
For Millennials, Bitcoin Is the New Real Estate
Binance exec Tigran Gambaryan again denied bail in Nigeria despite 'clear evidence of medical requirement,' family says
Ripple (XRP) goes on the offensive after the SEC appeals the court ruling against it
Binance exec’s bail plea dismissed on technicality
BloFin impresses at the’ event TOKEN2049 Singapore with its clear vision for rapid expansion
Crypto.com sues SEC amid agency threats over Solana, Binance, Cardano tokens
Former Bitcoin developer points out missing detail undermining HBO's claim that Peter Todd is Satoshi
AI startups draw record $11.8B funding in Q3
Former Bitcoin Dev Peter Todd Denies He's Satoshi Hours Before HBO Documentary Airs
OpenAI, the creator of ChatGPT, will open an office in Paris this year
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
HBO announces that the identity of Satoshi Nakamoto will be revealed in its next documentary dedicated to the creator of Bitcoin
JPMorgan analysts identify key catalysts shaping crypto's near-term outlook
The season from the same corners is back: POPCAT, MOG and NEIRO are leading the way
Congressman on constituent imprisoned in Nigeria: 'I don't know if they don't have the ability to treat him or they just don't wish to'
Columbia Business Professor: 'we will be reaching the point where transacting on blockchains is absolute poison for criminals'
SEC files appeal in Ripple lawsuit
Is Visa Preparing a Crypto Revolution for Banks with VTAP?
Binance announces full digital asset license in Kazakhstan
Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources
Can the third world war break the Bitcoin cycle and prevent the next bull run?
SEC appeals Ripple case ruling, citing conflict with Supreme Court precedent
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
Three OpenSea execs quit in last three months as troubles mount for NFT marketplace
All Crypto News Around The Globe
CZ on donation plan for $Libra rug pull victims: 'I will donate 150BNB'
Web3/Crypto
Webp 80
Changpeng Zhao (CZ), Co-founder and former CEO of Binance | Binance

Changpeng Zhao, also known as CZ, co-founder and former CEO of Binance, announced a donation of 150 BNB to assist those impacted by the Argentine $Libra currency incident. The announcement was made on X on February 17.

"Support! I will donate 150BNB," said Zhao. "(about 10w U, based on BNB)"

Zhao's post was in response to an initiative by EnHeng to support victims of the Argentine President's $Libra cryptocurrency incident, which resulted in substantial financial losses for investors. EnHeng pledged $50,000 and is gathering donations via BNB Smart Chain to fund a charity dinner aimed at aiding those affected, with a focus on college students. Zhao later contributed 150 BNB (approximately $100,000) to further support this cause.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

According to Reg Tech Times, Argentine President Javier Milei promoted a cryptocurrency named $Libra, asserting it would enhance the nation's economy. Initially, the currency's value surged, achieving a market capitalization of $4.5 billion before plummeting by nearly 89%, causing significant investor losses. This incident has led to legal complaints and demands for Milei's impeachment, as individuals allege his involvement in fraudulent activities.

Zhao is recognized as the founder and former CEO of Binance, the largest cryptocurrency exchange by trading volume. Born in China and raised in Canada, he previously worked at the Tokyo Stock Exchange and Bloomberg Tradebook before entering the crypto industry. In 2017, he launched Binance and expanded it into a global platform offering trading services, blockchain development, and Web3 infrastructure. He has also supported industry initiatives like BNB Smart Chain and various philanthropic projects.

Founded in 2017 by Changpeng Zhao and Yi He, Binance has grown into one of the world's largest cryptocurrency exchanges by trading volume. The platform provides a comprehensive suite of services including digital asset trading, blockchain development, and Web3 infrastructure solutions. According to their website, Binance is dedicated to fostering innovation and promoting global cryptocurrency adoption.

More News

Chief market strategist of Creative Planning: 'Gold and Bitcoin are now the top-performing major assets so far in 2025'

Charlie Bilello, chief market strategist of Creative Planning, said that gold and bitcoin lead all major asset classes in performance for 2025, marking a unique occurrence.

Jul 18, 2025

Binance to update collateral ratios for several assets under Cross Margin

Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1.

Jul 18, 2025

Binance founder on Sen. Warren comments: 'NYSE ≠ economy'

Changpeng "CZ" Zhao, founder of Binance, said that the New York Stock Exchange (NYSE) should not be equated with the entire U.S. economy.

Jul 18, 2025

Co-founder of Ethereum on L2 development: A 'combination of trust minimization and efficiency'

Vitalik Buterin, co-founder of Ethereum, said that building layer-2 networks to leverage Ethereum’s core features delivers security and efficiency unachievable by earlier enterprise blockchains.

Jul 18, 2025

European Crypto Initiative co-founder: MEV counter-measures should consider 'DeFI users and crypto-assets market integrity'

Marina Markezic, co-founder of the European Crypto Initiative, said that increased regulatory attention on Maximal Extractable Value (MEV) necessitates counter-measures to protect users and maintain market integrity while ensuring blockchain...

Jul 16, 2025

Founder of Binance on Bloomberg coverage: 'Might have to sue them again for defamation'

Changpeng Zhao, founder of Binance, has said that a Bloomberg article contained multiple factual errors and suggested that legal action for defamation could be considered again.

Jul 16, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Executive Chairman of Strategy: Public firms added ~131K BTC in Q2, boosting their bitcoin holdings by 18%