CZ Memoir Details FTX Collapse: SBF Asked for Billions 'Like a Bologna Sandwich'
According to CoinDesk, Binance founder Changpeng Zhao (CZ) writes in his memoir Freedom of Money, released Tuesday, that he never seriously intended to acquire FTX during its November 2022 collapse, describing Sam Bankman-Fried's funding request as made "nonchalantly, as if he were asking for a bologna sandwich," and characterizing the non-binding letter of intent as a formality to assess user protection options. CZ identifies Alameda CEO Caroline Ellison's public offer to buy FTT at $22 as a "fatal mistake" that gave professional traders a floor price to short, sending the token from $22 to $5 and triggering $6 billion in outflows within 72 hours. He also discloses a Signal group called "Exchange Collaboration," set up by FTX's Zane Tackett during the Terra/LUNA collapse, including executives from Binance, Coinbase, Kraken and FTX, which later drew DOJ and SEC scrutiny; CZ denies any collusion. A subsequent bank run on Binance saw $7 billion withdrawn in a single day on Dec. 14, 2022, which CZ says was fully backed by reserves and reversed within a month.
The launch is set for next week. Unless the editors pull me in for one more round 😂
E-books are now available for pre-order.
English 👉 https://a.co/d/08NMxBOH Traditional Chinese 👉 https://a.co/d/01f7iQTn
The English physical book will also launch next week. Regional language editions will follow in the coming months — taking a bit longer, but we’re on it.
Binance Will Cease Support for Deposits and Withdrawals of Tokens on Certain Networks - 2026-03-20
This is a general announcement. The products and services mentioned here may not be available in your region. Hello Binancian, Binance will cease support for deposits and withdrawals of the following tokens via the specified networks starting from 2026-03-20 08:00 (UTC). After 2026-03-20 08:00 (UTC), any deposits sent through the following networks will not be credited and may result in asset loss. Contentos (COS) via the Ethereum Network Dego Finance (DEGO) via BNB Smart Chain
Binance to Delist Multiple Cryptocurrencies in April 2026
Binance has announced its decision to delist several cryptocurrencies, including A2Z, FORTH, HOOK, IDEX, LRC, NTRN, RDNT, and SXP, effective April 1, 2026. According to BWEnews, the delisting is part of Binance's regular review process to ensure compliance and performance standards. The market capitalization of these cryptocurrencies varies, with FORTH having a market cap of $14 million and LRC at $40 million, while others like RDNT, A2Z, HOOK, SXP, and NTRN each have a market cap of $7 million, and IDEX at $8 million. Users are advised to take necessary actions regarding their holdings before the delisting date.
Binance Adds Monitoring Tag to 9 Tokens, Removes Tags for FLOW, ONDO and VIRTUAL on March 6
Key takeawaysBinance will add the Monitoring Tag to 9 tokens starting March 6, 2026.Tokens added include COS, DEGO, FORTH, FUN, HOOK, LRC, MBOX, OXT, and WIF.The exchange will remove the Monitoring Tag from FLOW.The Seed Tag will be removed from ONDO and VIRTUAL after review.Binance Expands Monitoring Tag to 9 TokensBinance announced it will extend its Monitoring Tag designation to nine additional tokens following its latest project review.The tokens to receive the Monitoring Tag are:Contentos (COS)Dego Finance (DEGO)Ampleforth Governance Token (FORTH)FUNToken (FUN)Hooked Protocol (HOOK)Loopring (LRC)MOBOX (MBOX)Orchid (OXT)dogwifhat (WIF)Tokens marked with the Monitoring Tag typically carry higher volatility and risk, and they are subject to more frequent evaluations by Binance.Projects with this tag may face potential delisting if they fail to meet Binance’s listing standards.Monitoring Tag Removed for FLOWAs part of the same review process, Binance will remove the Monitoring Tag from:Flow (FLOW)The removal indicates the project has met Binance’s listing criteria after ongoing evaluation.Seed Tag Removed for ONDO and VIRTUALBinance will also remove the Seed Tag from two tokens:Ondo Finance (ONDO)Virtuals Protocol (VIRTUAL)The Seed Tag is typically applied to new or early-stage projects, signaling higher potential risk for traders.Removing the tag indicates these projects have matured beyond their initial listing stage.What the Monitoring and Seed Tags MeanTokens with Monitoring or Seed Tags require users to complete risk awareness quizzes every 90 days before trading them on Binance Spot or Margin.These measures are designed to ensure traders understand the potential volatility and risks associated with these assets.Risk warnings are also displayed on trading pages for tagged tokens.Binance’s Ongoing Project Review ProcessBinance periodically reviews listed projects to ensure they meet exchange standards.Factors considered during evaluations include:Development activity and roadmap progressTrading volume and liquidityNetwork and smart contract securityTransparency and communication from project teamsCompliance with due diligence requirementsContribution to the broader crypto ecosystem
I interviewed Binance CEO He Yi. @Yi He In this conversation, her expression was direct and clear: "Now is just the second step of the Long March." "You must learn to surf 5G, you must not let yourself become outdated." "Every generation has its own secrets to success; this year's secrets do not have gray hair." 2025 is approaching its end. This year, there were highlights and also regrets. Choosing to launch the third episode of "Crypto Call" at this moment is due to some insights from this year, in the dialogue with He Yi, which became particularly clear. An eight-year mindset of a builder, constantly answering questions and submitting papers. Perhaps this is the key to traversing bull and bear markets while maintaining competitiveness.
The future of the crypto industry can never be accurately predicted. Next, it could be a year of quiet and stillness; it could also be the starting point of the next cycle. A vast world, full of opportunities. 2026 is coming, are you ready?
Will hold another Binance Square livestream AMA in English tomorrow at 8pm-ish GMT+4 (Dubai time).
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.) - one question per person, keep it succinct - welcome suggestions and feedback - might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆