Dogecoin Drops 7.5% as Elon Musk’s SpaceX Loses Starship Spacecraft

Dogecoin’s market value recently experienced a 7.50% drop, going from $0.0857 to $0.0802, following an unexpected development from SpaceX. The aerospace company, led by Elon Musk, reported the loss of its Starship spacecraft during a key test flight. This marks a significant setback for SpaceX’s deep-space launch system, notably its second major test flight challenge.
Binance’s CZ and the End of the ‘Borderless’ Crypto Company
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We probably will never see another company quite like Binance. Crypto itself might be borderless, but crypto companies are not beyond the reach of US law.
Binance ex-CEO CZ released on $175 million bond after U.S. criminal charges

Changpeng Zhao, who stepped down as CEO of Binance today, will pay a $175 million personal recognizance bond after pleading guilty to criminal charges in the U.S. A court filing showed that Zhao must put in $175 million for the bail and must agree to appear in court in Seattle on February 23 next year for sentence hearings. Zhao […]
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
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After the Securities and Exchange Commission sued Kraken, a small but trusted exchange, CoinDesk asked passersby for their views on crypto and regulation.
Over 83% of Bitcoin Now Profitable After Recent BTC Price Surge

The cryptocurrency market has recently witnessed a significant uptick in Bitcoin’s value, pushing over 83% of the digital currency into profitable territory, according to Glassnode data. This change comes as Bitcoin traded above $37,000 last week
BNB Saw 5-Month Peak Amid Binance Settlement Reports, BTC Stopped at $38K (Market Watch)

Bitcoin tried its hands at taking down the $38,000 once again in the past 24 hours but, as with the previous attempts, was stopped in its tracks. Most altcoins have dumped hard today, with SOL, LINK, MATIC, AVAX, and DOGE losing more than 5% of value each.
Binance and CZ: A Deep Dive into the Allegations, Settlement, and Implications

The world’s largest cryptocurrency exchange, Binance, faced regulatory scrutiny and agreed to pay a $4.3 billion settlement. Ex-CEO CZ pleaded guilty to a felony count and resigned.
Meet Richard Teng. A primer on the new CEO of world’s largest crypto exchange

Richard Teng, a Singaporean industry veteran poached by Binance in 2021 to bolster its global compliance work, succeeded Changpeng Zhao today as the chief executive officer of the world’s largest crypto exchange.
Will Binance Founder Changpeng Zhao Go to Prison?

What are the odds the fallen Binance CEO will join Sam Bankman-Fried on the prison yard? Here’s a look at what Changpeng “CZ” Zhao is facing.
DOJ Announces $4.3 Billion Settlement With Binance As CZ Resigns From Company

Changpeng Zhao (CZ) will no longer be CEO of Binance, and says he doesn’t plan to be a CEO driving a startup ever again. The U.S. Department of Justice has settled charges against crypto exchange giant Binance for $4.3 billion, bringing investigations spanning back to 2018 to a close