# Binance Related Articles

Buying Seafood with USDT in Vietnam: Has Web3 Truly Achieved Mass Adoption?

In Vietnam, a country consistently ranked among the top in global cryptocurrency adoption, the author explores whether Web3 and crypto payments have achieved mass adoption beyond reports and whitepapers. During a two-week trip, the author avoided formal industry events and instead tested crypto payments in everyday scenarios like spas, street food stalls, and taxi rides. Key observations include: - Many local merchants prefer cash over international cards due to high fees and tax avoidance, creating an opening for stablecoins like USDT. - Using Bitget Wallet, the author successfully paid via VietQR—Vietnam’s ubiquitous payment QR system—at many locations, with transactions feeling nearly as seamless as Alipay. - However, a failed payment at a seafood restaurant revealed compatibility issues between crypto wallets and older, non-standard QR systems, highlighting remaining technical barriers. - Public perception of crypto remains mixed: in northern cities like Hanoi, it is often associated with crime and gambling, while southern hubs like Ho Chi Minh City show more enthusiasm, with young people trading or developing crypto projects in cafes. - Despite low visible crypto infrastructure (e.g., few Bitcoin ATMs), underlying adoption is significant, driven by a young, tech-savvy population eager for financial mobility. The author concludes that Vietnam’s combination of demographic youth, high mobile internet use, and informal financial vitality makes it a fertile ground for Web3 growth, though real-world usability and cultural acceptance vary widely. The journey continues into southern Vietnam for deeper exploration.

深潮12/22 08:50

Bitcoin traders split between $70K crash and BTC price rebound within days

Bitcoin (BTC) is trading around $88,000 as the market anticipates increased volatility. Traders are divided on short-term price direction, with some predicting a rebound toward $98,000–$100,000 or even new all-time highs up to $150,000. Others warn of a potential drop to the $70,000–$72,000 support zone due to bearish technical signals and large BTC inflows into Binance. Analysts highlight key indicators like RSI divergences and moving average crossovers as critical factors influencing Bitcoin’s next major move.

cointelegraph12/21 16:14

Crypto User Loses $50M USDT In Address Poisoning Attack – Details

A crypto user lost $50 million USDT in an address poisoning attack, marking one of the largest individual on-chain losses in 2025. The scam involved the attacker sending a small "dust" transaction from a wallet address that closely resembled the victim's, tricking them into copying the fraudulent address from their transaction history. Despite sending a test transaction to the correct address, the victim later mistakenly sent the full amount to the poisoned address, which shared the same first and last few characters as the legitimate one. The stolen funds were quickly converted to ETH and distributed across multiple wallets, with some routed through Tornado Cash. The victim has since filed a criminal complaint and is monitoring all addresses involved. They have also sent an on-chain message offering the attackers a deal: return 98% of the funds within 48 hours and keep $1 million as a "bug bounty." If the offer is refused, the victim will escalate the matter to international law enforcement and pursue legal action.

bitcoinist12/21 15:01

Samourai co-founder claims Biden-era lawfare in calling for Trump pardon

Keonne Rodriguez, co-founder of Samourai Wallet, is publicly requesting a pardon from President Donald Trump after pleading guilty to operating an unlicensed money transmitter and receiving a five-year sentence. Rodriguez claims his prosecution was "lawfare" by a "weaponized Biden DOJ" with no victims involved. His plea mirrors language used in successful pardon applications, such as those for Silk Road's Ross Ulbricht and former Binance CEO Changpeng Zhao. Rodriguez expressed hope that Trump, who previously stated he would "take a look" at the case, will view the prosecution as an anti-innovation, anti-American attack and grant him and co-founder William Hill a pardon.

cointelegraph12/19 19:48

The Rise and Fall of Binance's Hegemony: The Stablecoin War from BUSD's 'Unification' to $U's 'Dominance'

"Binance's Stablecoin Wars: From BUSD's 'Unification' to $U's 'Domination'" This article chronicles Binance's evolving strategy in the stablecoin arena, tracing its journey from aggressive dominance to a more sophisticated, aggregator model. The story begins with the ambitious launch of BUSD, a Paxos-issued stablecoin born from a partnership between Binance's CZ and Paxos's Richmond Teo. Binance's most aggressive move came in 2022 with a "liquidity unification" blitz, automatically converting user balances of USDC, USDP, and TUSD into BUSD and removing their trading pairs. This tactic briefly propelled BUSD to a $23 billion market cap. However, its downfall was swift. A critical structural flaw was its "Binance-Peg BUSD," an unregulated, shadow version on the BNB Chain that sometimes lacked sufficient collateral. This led to a regulatory "Valentine's Day massacre" in February 2023, when the NYDFS ordered Paxos to stop minting BUSD, effectively killing the project. In the subsequent vacuum, Binance first promoted the Hong Kong-based FDUSD as a transitional solution and created BFUSD, an internal, yield-bearing "reward asset" for use as futures collateral. The narrative then shifts to Binance's latest and most surprising play: United Stables ($U). This new "meta-stablecoin" represents a strategic evolution. Instead of trying to eliminate rivals like USDT and USDC, $U aggregates them, backing itself with a basket of these major stablecoins. Notably, it also includes USD1, a stablecoin from the Trump-linked World Liberty Financial project, led by none other than Richmond Teo. A key innovation of $U is its design for the "AI economy," featuring gasless transactions (EIP-3009) to facilitate machine-to-machine micropayments. The article concludes that Binance's strategy has evolved from the "霸道" (hegemonic) force of BUSD to the "大同" (greater unification) approach of $U, which seeks to absorb existing liquidity rather than destroy it, while positioning itself for the future frontier of AI-driven finance.

marsbit12/19 12:13

CZ Year-End Q&A Summary: Besides Giggle Academy, What Else Is He Planning?

CZ, the founder of Binance, recently participated in a year-end AMA hosted by BNB Chain, sharing his perspectives on various topics. He discussed his current focus post-retirement as CEO, which includes four key areas: Giggle Academy, a free educational platform; YZi Labs, where he mentors entrepreneurs; providing strategic oversight for BNB Chain; and advising governments on regulatory frameworks. CZ highlighted BNB Chain's significant growth, with a 600% increase in transaction volume and over 200 million daily active users. He emphasized the potential for crypto to grow beyond its current 1% global wealth penetration. On market trends, he expressed support for multiple prediction markets without favoring single players, advocated for yield-generating stablecoins (like Ethena's USDe) as the future, and identified AI Agents as a major driver for crypto payments due to their inability to use traditional banking. He also discussed Real-World Assets (RWA) tokenization at a national level, particularly for resource-rich countries seeking liquidity. For entrepreneurs, CZ stressed the importance of being mission-driven rather than opportunistic, and advised technical founders to achieve expertise before focusing on soft skills. Overall, CZ emphasized long-term building and patience, citing Nvidia's decades-long journey to success as an example.

marsbit12/19 09:24

Zhao Changpeng's Year-End Report: Ten Questions on Binance, Regulation, and the Future of Crypto

CZ, founder of Binance, shares his reflections and insights in a year-end Q&A. He discusses his post-clemency sense of vindication and his current focus on four key areas: Giggle Academy (a free education platform serving 90,000 children), YZ Labs (a $10B ecosystem fund investing in crypto projects), mentoring BNB Chain entrepreneurs, and advising governments on crypto regulation. He highlights significant growth metrics: BNB Chain’s 600% annual transaction growth, 2M daily active users, and Binance’s 200M users. On investment strategy, he rejects the "horse race" approach, advocating instead for an "open garden" model that supports multiple strong teams to foster competition and innovation. CZ breaks down stablecoin evolution: 1.0 (basic, non-yielding tokens like USDT), 1.5 (yield-bearing but adoption-limited, e.g., Ethena’s USDe), and 2.0 (ideal state combining yield, liquidity, and compliance). He notes improved regulatory openness globally. He emphasizes mission-driven founders with long-term commitment and stamina, dismissing short-term profit seekers. On AI trading agents, he argues successful strategies won’t be sold widely due to market saturation effects. For RWA tokenization, he sees potential in national asset tokenization for resource development and notes crypto’s suitability for AI/agent economies. CZ advises BNB Chain to focus on relentless building, comparing it to a long marathon. His final message: he isn’t defined by his content, embodying a calm, persistent ethos.

比推12/19 06:44

Less Ethereum To Sell: ETH Supply On Exchanges Slides To New Multi-Year Low

bitcoinist12/18 18:02

Five Meme Coins Soar Against the Market Trend, Which Is the Next Potential Star?

Despite a generally bearish crypto market, five tokens have recently surged against the trend. PIPPIN, an AI concept token, saw a 1000% rise driven by insider accumulation and coordinated buying, with internal addresses controlling up to 80% of supply. FOLKS, a DeFi protocol token, surged nearly 24x from its low following an incentive announcement but later dropped 80%. BEAT, a Web3 AI entertainment token on BNB Chain, rapidly grew from a $25M to $440M market cap. AIA, a decentralized AI agent token, plummeted 90% after Binance delisted its futures but rebounded 160% post-contract migration. RAVE, a music and culture DAO, gained over 410% after support from Donald Trump Jr. and CZ, alongside listings on major exchanges. These tokens share traits like low initial market caps, hype-driven pumps, and significant volatility, often influenced by insider activity or major announcements.

marsbit12/18 12:49

Crypto Morning Brief: Coinbase Launches Stock Trading and Prediction Market Services, Binance Explores Relaunch of Binance.US

**Crypto Morning Brief** Key market movements include BTC dropping below $86,000 and ETH falling under $2,800. Federal Reserve Governor Waller signaled that the weak job market supports the case for continued interest rate cuts. Major exchange developments are a central theme. **Coinbase** significantly expanded its services, launching stock trading with zero commissions, 24/5 availability, and a partnership with prediction market provider Kalshi. It also introduced AI-driven wealth management and business services. Meanwhile, **Binance** is reportedly exploring options to restart its US operations, Binance.US, which could involve a capital restructuring to reduce founder CZ's ownership stake. In other news, **Tether** launched a peer-to-peer password manager called PearPass, emphasizing enhanced security by avoiding cloud storage. **SBI Ripple Asia** announced plans to launch an XRP-based yield product and explore real-world asset tokenization on the XRP Ledger. Binance Wallet introduced a new on-chain lending feature, and Bitcoin treasury company Metaplanet received support for its management proposals from Norway's sovereign wealth fund. On the regulatory and corporate front, crypto VC firm **Shima Capital** is shutting down following SEC fraud charges against its founder, who has agreed to a settlement. Bitcoin miner **Hut 8** signed a $7 billion data center lease agreement.

深潮12/18 01:39