Tuesday February 4, 2025

Forbes Names Changpeng Zhao as 24th Richest Person Worth Over $56 Billion

Forbes Names Changpeng Zhao as 24th Richest Person Worth Over $56 Billion

by Daniel Li June 15, 2024 2 min read

(Originally posted on : Crypto News – iGaming.org )

A report by Forbes reveals that former Binance CEO Changpeng Zhao is now the 24th richest person in the world, largely due to his significant BNB token holdings.

Zhao holds an impressive 64% of Binance’s BNB token supply. This translates to about 94 million coins, valued at over $56 billion at current market prices.

The report also highlights Zhao’s near 90% ownership stake in the Binance exchange.

Despite facing legal issues and stepping down from his leadership role, Binance and BNB have shown resilience. BNB has seen a substantial increase this year.

According to CoinMarketCap, BNB’s price has doubled in the last 12 months. The cryptocurrency reached a new all-time high earlier this month, surpassing $700.

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Zhai was recently sentenced to 4 months in prison.

Daniel Li

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Trump’s Trade War Watch: Canada and Mexico Yield, China Counters With New Tariffs

by Sergio Goschenko February 4, 2025 1 min read

(Originally posted on : Bitcoin News ) President Trump’s preemptive tariffs achieved two victories,

THORChain approves conversion of $200M debt into equity tokens

by Charles Thuo February 4, 2025 5 min read

(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )

Bitcoin ETFs See Outflow of $235 Million, Ending Four Days of Consecutive Inflows

by Emmanuel Musa February 4, 2025 1 min read

(Originally posted on : Bitcoin News ) The ETF trading week began with a

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