Author: James Wilson

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, defended the world’s largest cryptocurrency exchange against accusations that it played a central role in last October’s $19 billion market crash. Speaking in a live ask-me-anything session on Binance’s platform, Zhao called such claims “far-fetched” and said they ignore broader market dynamics, Bloomberg reports. Summary Zhao called claims that Binance caused the $19 billion crypto crash in October 2025 “far-fetched.” Binance provided around $600 million to affected users and operates under Abu Dhabi regulation and US monitorship, with Zhao noting system issues were already addressed. Zhao was pardoned by Trump in…

Optimism’s governance has approved a new buyback program that links the OP token more closely to revenue generated across the Superchain. Summary Optimism governance approved a proposal to allocate 50% of Superchain sequencer revenue toward OP token buybacks over a one-year pilot. The plan will link OP’s value more directly to network usage across OP Stack chains like Base and Unichain. Repurchased tokens will be held in the Optimism treasury, with future use decided by governance. The vote passed on Jan. 28 with 84.4% approval from the Optimism community, comfortably exceeding quorum. Over the course of a 12-month pilot, beginning…