B#inance and the crypto market:

📰News

* Co-Founder Named Co-CEO: Binance co-founder Yi He has been appointed as a Co-CEO alongside Richard Teng. This is the biggest change in the company's leadership structure since Richard Teng took over from Changpeng "CZ" Zhao in late 2023.

* Regulatory Hub Move: Binance is making a major global push by securing full regulatory authorization from the Abu Dhabi Global Market's (ADGM) Financial Services Regulatory Authority (FSRA). The company plans to run its core Binance.com platform out of Abu Dhabi from early 2026.

* Insider Trading Scandal: Binance recently suspended an employee over allegations of insider trading. An internal audit found the staffer used non-public information to time an official futures-related social media post moments after a token's on-chain issuance.

* Major ETH Inflow: A significant amount of Ethereum (ETH)—the largest daily net flow since May 2023—was deposited onto the Binance exchange by whales. This kind of large exchange inflow often sparks analyst concern over potential selling pressure.

* CZ on Bitcoin Cycle: Former CEO Changpeng Zhao (CZ) recently commented that the traditional 4-year Bitcoin cycle might be over, suggesting that Bitcoin may be entering a "super cycle" driven by increased institutional adoption.