Richard Teng

Binance CEO Addresses Controversy Over Trump-Linked Stablecoin and MGX Investment

Binance CEO Richard Teng denied involvement in promoting or facilitating the Trump-linked stablecoin USD1, clarifying that the $2 billion MGX investment was independently settled with USD1 by MGX. This comes amid scrutiny over former CEO Changpeng Zhao's pardon and concerns about Binance's ties to Trump ventures.

CryptocurrencyStablecoinTrumpChangpeng ZhaoBinanceCryptoInvestmentRichard TengMGX

Published at 2025-11-04 17:12:16

DeFi

All DeFi posts

Can the Fusaka Hard Fork Reverse ETH Selling Pressure? Throughput, L2 Fees and Real Demand
Dissecting 21Shares’ Renewed Dogecoin ETF Push: Amendments, Market Reaction, and Institutional Prospects
Shibarium’s Zama Privacy Upgrade: What Fully Homomorphic Encryption Means for Memecoin Security

Bitcoin

All Bitcoin posts

Is Bitcoin’s Break Above $93K the Start of a Run to $100K+? What Traders Should Watch
How Babylon’s Trustless Vaults Could Rewire Bitcoin DeFi Liquidity and Institutional Flows
How Fed Liquidity, ETFs, Strategy Inc. and Goldman Will Shape Bitcoin Into 2026

ETF

All ETF posts

What Grayscale’s Spot LINK ETF Means for Chainlink: Mechanics, Catalysts, Risks
XRP at a Crossroads: Exchange Outflows, CoinShares Retreat, AI $3 Bets and ETF Headwinds
Dogecoin Rebound and New DOGE ETFs: Why $2M Inflows Matter and How Traders Should Size Risk

Regulation

All Regulation posts

Is Solana Becoming a Regulated L1? Cantor Fitzgerald, x402 & Kalshi Explained
Ripple’s Regulatory and Market Momentum: What MAS License, ETP Inflows, and European Listings Mean for XRP
Tether Solvency Debate Explained: Hayes’ Alarm, AI Probes, and What Investors Should Do

Solana

All Solana posts

Can Solana’s Adoption Momentum Translate into Durable Value? Product Wins, Cross‑Community Signals, and What to Watch
Solana ETF Cycle: CoinShares Pulls Staked‑SOL Filing, ETF Outflow, and the $170 Breakout Case
Solana's Q4 Battle: Resistance, ETF Outflows and Tokenized-Stock Security Risk