Richard Teng

Binance, the world’s largest cryptocurrency exchange, is on the verge of a landmark settlement with the Department of Justice (DOJ) that would require it to pay a staggering $4 billion.  What Happened: This settlement aims to address a string of criminal violations, marking one of the DOJ...

Changpeng Zhao, the CEO of Binance (CRYPTO: BNB), the world's largest cryptocurrency exchange, announced his resignation from the role Tuesday.  Zhao's decision comes after a period of intense scrutiny and regulatory challenges for Binance, with the U.S. Department of Justice slamming...

Richard Teng, a 52-year-old civil servant-turned-crypto executive who is currently the head of all regional markets outside the United States for Binance is reportedly a possible heir to Binance’s embattled CEO, Changpeng “CZ” Zhao. What Happened: CZ is currently facing mounting...

Gulf Binance, a joint venture between Binance, the world's leading cryptocurrency exchange, and Gulf Energy, one of Thailand's largest private power producers, has secured regulatory approval in Thailand. In a statement issued on Friday, Binance stated that the venture is aimed at...