Citing “extreme market conditions” crypto lender Celsius has blocked customers from pulling funds from its platform. Following its lead Binance also halted withdrawals of bitcoin, blaming a “stuck transaction”, while digital assets slumped in price.

After crypto lender Celsius blocks all redemptions, Bitcoin tumbles

The chief executive of crypto exchange Binance discussed buying Russian billionaire Roman Abramovich`s Premier League soccer club Chelsea but has ruled out any such deal, a spokesperson for Binance has told Reuters.

Binance CEO turned down purchase of Chelsea, reveals spokesperson

Cryptocurrency exchange Binance is making a $200 million investment in Forbes. This has raised questions about the future independence of the magazine and digital platform.

Crypto exchange Binance takes $200 million stakes in Forbes

Changpeng Zhao, the CEO of cryptocurrency exchange Binance, is the world's biggest crypto millionaire, with a fortune comparable to that of tech billionaires Elon Musk, Jeff Bezos, Bill Gates, and Mark Zuckerberg.

This ex-McDonald's cook is now the 11th richest person in the world

Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally.

World Business Watch: Britain bans Binance's UK operations in latest cryptocurrency crackdown

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