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BTC $78,737.80 -0.23%
ETH $2,494.73 +0.37%
BNB $751.67 +1.64%
XRP $1.42 +1.78%
SOL $103.64 +0.29%
TRX $0.3390 +1.19%
DOGE $0.0900 -0.09%
ADA $0.2180 -0.08%
BCH $258.80 +0.19%
LINK $12.47 -1.29%
HYPE $85.83 +1.68%
AAVE $128.97 -1.54%
SUI $0.8124 -0.78%
XLM $0.1880 -0.92%
ZEC $1,183.06 +4.68%

Bloomberg reported that Binance helped WLFI write the USD 1 code, and CZ accused the former of inaccurate reporting

2025-07-12 00:56:24

ChainCatcher news, according to a report by Bloomberg on Friday citing three insiders, Binance had helped WLFI create (write the basic code), promote the USD 1 stablecoin, and played a role in its largest transaction before seeking a pardon from CZ.

In response, CZ stated that Bloomberg's article was sponsored by competitors and contained multiple factual inaccuracies.

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