Binance founder Changpeng Zhao agrees to step down and the company will also admit wrongdoing and agree to pay $4.3 billion in fines for violating criminal U.S. anti-money laundering requirements, in a deal that may preserve the company’s ability to continue operating - WSJ reported.

Binancecoin is not overreacting to the WSJ news. Earlier, the cryptocurrency recorded a lot of buying pressure, but this was later negated. At the moment, binancoin is gaining 1% intraday. Source: xStation
💥Daily Summary: Tech Sector Crash on Wall Street and Historic Attack on Binance
🔴Three Markets to Watch Next Week: US500, BITCOIN, EURUSD (30.10.2026)
Binance Hit by the Largest Hack in Cryptocurrency Market History. Losses Could Reach USD 6.3 Billion
Morning Wrap: Wall Street's Tech Slowdown: Massive AI Investments Spark Growing Concerns