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Changpeng 'CZ' Zhao, the former CEO of Binance, has been appointed as a strategic advisor to the Pakistan Crypto Council. His role focuses on enhancing crypto infrastructure, education, and adoption in Pakistan, aligning with the country's goal to strengthen its blockchain industry and attract international investments.
Hyperliquid is making significant strides in the decentralized derivatives market, achieving a volume ratio of 13.6% compared to Binance. The platform's growth is attributed to enhanced crosschain functionalities, enabling users to deposit assets across multiple chains, including Bitcoin. However, the sustainability of this momentum hinges on Hyperliquid's ability to scale and maintain its technical advantages.
Binance is launching LDUSDT, a new reward-bearing margin asset that allows users to trade futures using their locked USDT while continuing to earn passive rewards. This product enhances capital efficiency by combining the benefits of liquidity in futures trading with yield generation.
In October 2025, President Donald Trump pardoned Changpeng Zhao, the former CEO of Binance, after he pleaded guilty to violating US anti-money laundering laws. Zhao's legal troubles followed his involvement with Binance, which later established connections with World Liberty Financial, a crypto platform linked to the Trump family’s wealth.