Binance co-founder Changpeng Zhao (CZ) is retiring his public crypto wallet due to excessive unsolicited token deposits, mainly meme coins, which made managing his BNB holdings difficult. After publicly sharing the wallet address in 2025, it received over $1 million in unwanted tokens, complicating routine account management and attracting constant public attention during cleanup efforts. CZ burned $1.6 million worth of third-party tokens in July 2026 and plans to donate the remaining $960,000 in BNB and BinanceLife tokens to Giggle Academy, a nonprofit he founded, before abandoning the wallet. This move ends a year-long issue caused by the permissionless blockchain environment that allows anyone to send tokens to public addresses without approval.
Changpeng Zhao (CZ), former Binance CEO, is donating all BNB and BinanceLife tokens from a public wallet to Giggle Academy, a nonprofit offering free education. After the transfer, CZ will abandon the wallet, turning it into a burn address to prevent...
SafePal, a hardware wallet maker backed by Binance Labs, exposed order data of about 40,000 customers, including names, addresses, and payment details. No wallet security breach occurred, as seed phrases and private keys remain safe. The leak raises ...
Binance has launched a new four-week campaign offering a total of one million XRP tokens as rewards to holders of Ripple USD (RLUSD) on its platform. To qualify, users must hold at least 0.01 RLUSD and maintain an average daily derivatives trading vo...
The Coinbase Bitcoin Premium Index has recorded a 90-day streak of negative readings, the longest since its inception, indicating Bitcoin trades at a discount on Coinbase compared to Binance. This extended negative trend, ongoing since May 19, sugges...
Binance has extended its RLUSD airdrop campaign by four weeks, increasing the reward pool to 1 million XRP tokens. Eligible users must hold RLUSD in various Binance accounts and maintain a minimum balance and trading volume to qualify. The XRP reward...
