Tether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF)was attempting to destabilize the crypto market aiming to save FTX.

Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange's response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service "unreasonable" clients.

CZ V SBF: Crypto Titans in Twitter spat; tether launches offshore Chinese yuan (Cnh₮); Japan, South Korea and UK want to police stablecoins; understand how Merkle trees benefit blockchains.

Binance <a href="https://twitter.com/binance">@binance</a> on Twitter:&nbsp;

Today, alluding to the investment relationship Binance and FTX had (which <a href="https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit" target="_blank">ended in 2021</a>), SBF wrote: “You threatened to walk at the last minute if we didn't kick in an extra ~$75m.”&nbsp;

Binance has closed the account of a customer who criticized the world’s largest crypto exchange and its CEO Changpeng Zhao (“CZ”) on Twitter for allegedly getting exploited on the exchange, giving them three days to withdraw their funds.

The USDC stablecoin saga continues as leading cryptocurrency exchange Coinbase attempts to ease the conversion process of USDT holders looking to convert their USDT to USDC. The onlooker brand strategic move comes not long after Binance halted all of the USDC trading pairs on its platform.

Although the emergence of derivatives may help diversify the NFT market, not all derivative NFTs are created equal.

With the inclusion of In-Scope Assets lent to customers through margin and loans which are overcollateralized by Out-Of-Scope Assets, Binance was 101% collateralized.

Binance VIP & Institutional is now integrated with the oneZero EcoSystem, following the launch of the Binance Link Program.